GU, Gold, SPX Recover From Setups5/14/2021 GBP/USD Analysis  GU on the 4H chart hits resistance and retraces, but support in the low 1.4000s lies right below it. News of US retail sales missed expectations which could be good news for the pound. Retail might be looking to enter around that big support zone marked in […]

Crazy enough, I took a trade on CAD/CHF that resulted in a major profit, and then it set up again... You can read the blog post I made about it here. So very similar to my last trade, I was bullish on the CAD, and liked the idea of jumping in on another pullback. Here's […]

Look out traders! On Friday the 14th of May, the US will be printing their monthly retail sales report so here's what to expect... The USD Retail Sales Report is set to release on Friday which shows the total value of sales at a retail level. As consumer spending accounts for a majority of economic […]

Inflation Concerns in the Market, GU Drops, Gold on Support5/12/2021 GBP/USD Analysis  GU sank after good news on both currencies reported today. Price could be experiencing a retracement on the 4H chart and setting up to hit support around 1.4000s. Gold Analysis  Gold still struggles to break above the 200 DMA but seems to have […]