Trading news

GBPUSD: WAVE ANALYSIS FOR MAY 22, 2015

Posted on May 22, 2015 07:40

Presumably, the “bullish” impetus has completed in the wave 5th. At the moment the “bearish” correction has began in the wave A. Locally, it seems that in correction waves, A and B has completed because B is the 61.8% retracement of corrective wave A and A is the 50% Retracement of Impulse wave 5. If this assumption is correct, the pair can decline to the levels of 1.5350. Critical level for this scenario is 1.5825.
On the other hand SMA100 and 200 are indicating strong bullish trend as well as Ichimoku cloud in h1 as well as in h4 graph.

Monday, 25 May, 2015 / 4:26

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-22-2015.html

Trading news

 

AETOS Market Commentary 23/05/2019

  EURUSD The Euro closed lower on Wednesday, closing at 1.1155(-9 [...]

Posted on Thursday, 23 May, 2019 / 8:10 under

EUR-Traders Turn Eyes on PMIs, GBP Down on Political Uncertainty

Risk sentiment was hit yesterday following a report the US is considering [...]

Posted on Thursday, 23 May, 2019 / 7:35 under

Gold Is on Sale

Gold’s price has been falling since last week. An attempt to break [...]

Posted on Thursday, 23 May, 2019 / 6:57 under