Forecasts

Technical analysis and Weekly forecasts about Forex, options and cryptocurrency.

GBP/USD Tests Resistance Near 1.3700 Amid Rising Inflation in the UK

GBP/USD Outlook: 21st January 2021 United Kingdom – Consumer Price Index On Wednesday, at GMT 7:00 a.m., the UK’s Office for National Statistics released the year-over-year Consumer Price Index (CPI). It measures the changes in the price of goods and services acquired by consumers.  The CPI basically measures the inflation level in the economy. This […]

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EURUSD rises as “Janet Yellen” testimony awaits

EUR/USD

EURUSD rebounded in Tuesday morning trading in the European market, to trade above its lowest level in six weeks that it recorded yesterday. This recovery comes in light of the decline of the US dollar against most major currencies before the inauguration of “Joe Biden” as President of the United States. Markets are on the […]

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