Trading news

GBPUSD: WAVE ANALYSIS FOR MAY 12, 2015

Posted on May 12, 2015 09:33

Sterling crossed the high of 26th February,2015 (1.5551) and closed above this level yesterday. This pair is getting stronger day by day. Great British Pound stronger more than 1000 pips since 13th April,2015.

Ichimoku cloud is indicating strong bullish trend for this pair in h1, and d1 graph. In daily graph senko span act as a good support for this pair near 1.5510 . In h1 graph tenken sen has crossed Kijun sen and their crossover is also a good indication. Senko span B is below then Senko Span A and this is a clear bullish sign.

As we mentioned yesterday that 1.5375 area is a good supporting zone for this pair and yesterday this pair did the same.

Monday, 25 May, 2015 / 12:14

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://rinvestments.com/forex-forecast/gbpusd-wave-analysis-for-may-12-2015.html

Trading news

 

Will the ECB disturb the waters?

· ECB unlikely to rock euro – resilient economy vs higher yields [...]

Posted on Thursday, 22 Apr, 2021 / 9:50 under

VERIZON SHARES SLIDE EVEN AFTER UPBEAT PROFIT

Verizon reported a strong start to the year, with a solid operational [...]

Posted on Thursday, 22 Apr, 2021 / 8:06 under

Can the Bank of Canada pull off a ‘cautious’ tapering?

· Bank of Canada likely to scale down its vast QE program today [...]

Posted on Wednesday, 21 Apr, 2021 / 9:16 under