Fundamental Analysis of EUR/GBP for June 6, 2018

Fundamental Analysis of EUR/GBP for June 6, 2018

EUR/GBP has been quite volatile in the price range of 0.87 to 0.8850 for a few days now. The pair has come under bearish pressure. The positive economic reports from the UK propelled GBP gains over EUR, whereas EUR has been struggling amid mixed results. Today, eurozone’s Retail PMI report is due today which previously […]

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Technical analysis on Gold for June 6, 2018

Technical analysis on Gold for June 6, 2018

Gold price made a strong reversal from $1,290 support towards $1,300 but price remains below the critical resistance of $1,310. Eventually I expect price to break $1,310 for a minimum move towards $1,325-30, but as long as we do not break above $1,310, the precious metal is vulnerable. Yellow line – medium-term resistance Red lines […]

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