Home / Author Archives: Forex Crunch

Author Archives: Forex Crunch

GBP/USD suffers with May’s resignation

Political news remains central to the next moves for the currency pair. The four-hour chart continues showing a bearish outlook despite the recovery. The end of Theresa May’s era begins at the end of May. The PM has just announced ...

Read More »

GBP/USD is suffering with May

GBP/USD extends its falls towards 1.2600 on ongoing political turmoil. The fate of May and the withdrawal deal are in the limelight as Brits vote in the EU elections. The technical outlook is mostly bearish for the currency pair. Theresa ...

Read More »

EUR/USD has five reasons to fall

EUR/USD hit the lowest in four weeks on a mix of USD strength and EUR weakness. Trade, the Fed, EZ PMIs, the elections, and Brexit all weigh. The technical picture remains very bearish for the currency pair. EUR/USD does not like ...

Read More »

EUR/USD path of least resistance is down ahead of PMIs

EUR/USD has been trading in a very limited range in recent days, clinging to 1.1150. When the currency pair finally begins moving more significantly, it faces tough resistance while support is weaker. The euro faces two tests today: the preliminary purchasing ...

Read More »

GBP/USD: Dips 14 pips post FOMC minutes

GBP/USD has kept in line with recent ranges in calm markets post FOMC minutes. FOMC minutes have not been as hawkish as the dollar bulls would have hoped for.  Main takeaway: Patient approach appropriate to policy for some time. GBP/USD ...

Read More »