Natural Gas Wave Analysis

At next week’s policy meeting we expect the ECB to guide towards a more neutral policy outlook for the near term as we expect the ECB to virtually rule out the possibility of a further rate hike. That would mark the beginning of the end of the 4% policy rate level. This follows on the […]

EURGBP tumbles, but finds support near 0.8400 RSI and MACD detect bearish momentum But a break below 0.8380 is needed for further declines A move above 0.8500 could keep the picture neutral EURGBP has been in a steady slide since August 8, when it hit the key resistance zone of 0.8625. That said, the pair […]

GBPJPY unlocks a new high after the Bank of Japan defies expectations of reduced bond purchases Technical signs are positive, but the bulls need to breach the 201 obstacle GBPJPY stepped on the long-term ascending line at 200 and jumped to a new 14-year high of 201.59 in the BoJ aftermath on Friday with scope […]