03 January, 2019 by Aayush Jindal in Market Analysis
The British Pound formed a top near 1.2815 and later declined sharply against the US Dollar.
There was a break below a major ascending channel with support at 1.2650 on the 4-hours chart of GBP/USD.
The US Manufacturing PMI in Dec 2018 declined from the last revised reading of 55.3 to 53.8.
Today in the US, the ADP Employment Change figure for Dec 2...
19 November, 2018 by Aayush Jindal in Market Analysis
The Euro recovered recently and traded above the 1.1350 resistance against the US Dollar.
There is a key connecting bearish trend line in place with resistance at 1.1460 on the 4-hours chart of EUR/USD.
The US Industrial Production in Oct 2018 increased 0.1%, less than the +0.2% forecast.
Today in the US, the NAHB Housing Market Index for Nov 2018 w...