Tag archive for ‘bullish’
By gossewestra On Saturday, January 13th, 2018

GBP: Upcoming Inflation Data May Dent Bullish Uptrend

Sterling/GBP Talking Points: UK inflation data may derail the current Sterling rally in the short-term. GBP rally continues against the weak US dollar but the EUR remains the strongest currency. Fundamental Forecast More...

By gossewestra On Wednesday, December 20th, 2017

GBP/USD Bullish Triggers Emerge Even as Carney Offers No Insight

Talking Points: – GBP/USD Bullish Signals Emerge Even as Carney Offers No Insight for Monetary Policy. – USD/JPY Extends Bullish Sequence, Eyes Monthly-High Ahead of BoJ. GBP/USD largely preserves the More...

By gossewestra On Thursday, November 30th, 2017

EUR/USD Price Analysis: Bullish Outlook Mired by Slope Resistance

To receive Michael’s analysis directly via email, please SIGN UP HERE EUR/USD Daily Chart Technical Outlook: EURUSD broke above down-channel resistance (red) on November 14th with the subsequent test and More...

By gossewestra On Wednesday, November 29th, 2017

GBP/USD Breakout Faces First Hurdle- Bullish Above November Open

To receive Michael’s analysis directly via email, please SIGN UP HERE GBP/USD Daily Chart Technical Outlook: I’ve been tracking this advance in the British Pound in the Weekly Technical Perspective More...

By gossewestra On Friday, November 24th, 2017

Oil’s Bullish Breakaway Leads into Pivotal OPEC Meeting

Talking Points: Fundamental Forecast for Oil: Bullish It was another strong week for Oil, as the Monday pullback to 55.75 brought bulls back in to catapult prices up to another fresh two-year-high. While the more More...

By gossewestra On Tuesday, November 21st, 2017

AUD/USD Carves Bullish Outside-Day as RBA Strikes Hawkish Tone

Talking Points: – AUD/USD Carves Bullish Outside Day (Engulfing) as RBA Strikes Hawkish Tone. – USD/JPY Rebound Unravels Despite Pickup in U.S. Existing Home Sales. The Australian dollar outperforms More...