Author: Usman Ahmed

13
Apr

Aussie Dollar Rallies As Bulls Gain Strength
Posted ByUsman Ahmed Category Daily FX Analysis
The Australian Dollar (AUD) rallied against the US Dollar (USD) on Thursday, increasing the price of AUDUSD to more than 0.7550 ahead of the US consumer sentiment data. The technical bias shall remain bullish because of a higher high in the ongoing upside rally. Technical Analysis As of this writing, …
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11
Apr

Trading EURGBP Before UK Inflation News
Posted ByUsman Ahmed Category Daily FX Analysis
The Euro (EUR) inched lower against the Great Britain Pound (GBP) on Tuesday, decreasing the price of EURGBP to less than 0.8550 ahead of the Britain’s Consumer Price Index (CPI) news. The technical bias has turned bullish after the emergence of bullish pin bar candle yesterday. Technical Analysis As of …
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6
Apr

Sterling Surges amid US Employment Data
Posted ByUsman Ahmed Category Daily FX Analysis
The Great Britain Pound (GBP) inched higher against the US Dollar (USD) on Thursday, increasing the price of GBPUSD to more than 1.2450 ahead of the US jobless claims news. The technical bias has turned bullish because of a higher high in the recent upside rally. Technical Analysis As of …
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