Trading news

GBPUSD: WAVE ANALYSIS FOR MAY 18, 2015

Posted on May 18, 2015 09:43

After, the completion of huge impulse wave 5, now it’s expected that sterling will start its corrective ABC pattern. Sterling has started its first impulse wave from price area 1.4600 on 13th April,2015, the fifth wave is too long, so it’s expected that now the corrective waves pattern will be started. Furthermore, yesterday this pair was unable to cross the resistance area 1.5825, this resistance is still valid. 
Furthermore, the resistance level 1.5825 is still valid and sterling’s daily candle is in bearish trend.

Monday, 25 May, 2015 / 2:07

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-18-2015.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