GBP/USD analysis for November 23, 2017

Recently, the GBP/USD part has been trading upwards. As I expected, the price tested the level of 1.3337. According to the 30M time — frame, I found a successful test of pivot level at the price of 1.3288, which is a sign that selling looks risky. I also found oversold conditions on the stochastic oscillator, […]

UK CBI Nov reported retailing sales 26 vs 3 exp

UK CBI Nov reported retailing sales data now out 23 Nov -36 prev total distributive reported sales 30 vs 1 prev the volume of orders placed upon suppliers rose over the year to November, with 34% of survey respondents reporting a rise and 11% reporting a fall, giving a rounded balance of +22%.  Firms anticipate […]

Bitcoin analysis for 23/11/2017

According to Wall Street Journal, JP Morgan Chase is considering launching its Chicago Mercantile Exchange (CME) futures platform on Bitcoins. This statement was issued last week and raised the Bitcoin price to a record high of over $ 8,300. According to the report: » J. P. Morgan wonders whether through its futures brokerage unit will […]

Trading plan for 23/11/2017

After Wednesday’s poorly received FOMC dovish statement, the financial market today fell asleep in the wake of the holiday in Japan and later in the US. USD / JPY closed the session in the US at 111.20 and since then has not deviated. In a similar style, EUR / USD sits at 1.1827. On the […]

More from the order boards 23 Nov

Here’s the latest on other key pairs 23 Nov Note: Offers = Sellers at these levels. Bids = Buyers at these levels. These orders, and the others I post, are generally good until filled/ level breached. USDCHF: 0.9803 near session lows. SNB will be keeping a close eye on any further momentum lower Offers : 0.9830 0.9860 0.9880 0.9900 Bids:   […]