Sustained USD selling assisted GBP/USD to gain some traction on Monday. The upbeat market mood continued undermining the safe-haven greenback. Concerns over rising COVID-19 cases, Brexit uncertainties capped the upside. The GBP/USD pair built on Friday's intraday bounce of around 50 pips and gained

The EUR/USD price path last week began 1.1287 to 1.1183 then a bounce with NFP assistance to 1.1302 – 1.1223. The original weekly entrry was 1.1294 to 1.1321 and fairly wide for last trading week as well the price path was a  trap. EUR/USD performed the nasty feat of round 2 shorts and not normally

Gold – Silver Gold Spot edges slowly back to very important resistance at 1787/90 & holds. Obviously this is key to direction in severely overbought conditions. Silver Spot beat first resistance at 1806/09 hitting targets of 1821/23 & important resistance at the 1 month high at 1835/37. We t

AUDUSD – NZDUSD AUDUSD hit & held the next target of 6970/80 yesterday but this is no longer a resistance level. Holding above 6975 is more positive for today. NZDUSD shorts at 6525/35 stopped this time above 6550. But longs on the dip back to 6535/25 worked perfectly on the run to the next targ