Bitcoin has moved back above both its trend channel resistance and 200-day moving average – a positive bullish development according to Tony Sycamore at TECHFX TRADERS.
Brexit optimism is fuelling a significant shift in sentiment for GBPUSD, according to George Davis, Chief Technical Strategist at RBC Capital Markets.
The result of the Canadian election has left USDCAD testing its long-term uptrend, says David Sneddon and his team at Credit Suisse in London.
The break and close above downtrend resistance at the end of last week is an indication that a medium-term low is in place for EURUSD, according to Tony Sycamore, Director
USDTRY has risen sharply on geopolitical concerns, but not yet far enough to mark an important technical break higher, according to David Sneddon and his team at Credit Suisse in London.
Divergences on the US Dollar Index and EUR/USD warn that a short-term correction might be around the corner, according to George Davis, Chief FIC Technical Analyst at RBC Capital Markets.
The mid-September peak of 1.2582 has set in motion a medium-term bullish trend for GBPUSD, according to Steve Miley, CEO of Market Chartist.
As the 31 October deadline approaches, Ron William, director at RW Advisory, gives his outlook for GBPUSD and says things are starting to look more bullish.
USDJPY is set for a retest of key resistance in the early stages of this week, according to Tony Sycamore, Director of Australia-based TECHFX TRADERS.
GBPUSD’s recovery may already be coming to an end, according to David Sneddon and his team at Credit Suisse in London.