The GBPUSD has been very volatile, but the pair has no clear direction. The consolidation continues below the 1.2200 level.

Cable Update (GBPUSD)

The EURUSD on the daily chart is really without a clear direction. The last few days have been to the downside, but the pair is really oscillating around the 1.0600 level, most likely waiting for the ECB's press conference and NFP numbers.

EURUSD

The EURUSD rallied fast above the 1.0600 level, but the bullish momentum may not stay for long, there is still a chance of it to go back down.

EURUSD

Gold has retraced very close to its 200 day EMA, around the 1232 level, but it gains bullish momentum again and it is trying to go back to the bullish trend. Its next resistance could be the 1266 level.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

The EURUSD may try to go back down, but the 1.0519 level may act as support. To the upside, the 1.0827 level may act as resistance. It looks like it will probably go back to its bearish trend.

EURUSD

There is probably a symmetrical triangle on the daily chart of the GBPUSD. The pair may take off in any direction, but there is no clear trend until it breaks above the 1.2600 level or below the 1.2300.

Cable Update (GBPUSD)

The GBPUSD tried to break out of consolidation to the downside, but it goes back up to the 55 day EMA, without a clear direction.

Cable Update (GBPUSD)

The GBPUSD has stalled again at the 55 day EMA, around the 1.2437 level. The pair stays direction less at the moment.

Cable Update (GBPUSD)

The GBPUSD rallied close to the 1.2600 level, but drops rapidly towards the 55 day EMA. For now there is no clear direction and the pair may just consolidate around current levels.

Cable Update (GBPUSD)

High volatility on the GBPUSD during today's session, after breaking below the 55 day EMA around the 1.2437 level, it rallies rapidly more than 150 pips to settle above the 1.2500 level.

Cable Update (GBPUSD)

The USDCAD breaks above the 1.3100 level after bouncing to the upside from the 1.3000 level. The rally may continue and take the pair to the 1.3200 level where we can find the 200 day EMA. The 1.3000 level continues being a very good support for the ...

USD/CAD

The EURUSD is stuck at the 1.0800 level, but the bullish trend is still in place. The pair may try to reach the 1.0900 level where we can find the 200 day EMA.

EURUSD

The rally on the GBPUSD may continue, its next resistance zone could be the 1.2800 level, but if it pulls back down, the 1.2600 level may act as support.

Cable Update (GBPUSD)

Looks like the Pound was overbought and it is now trying to correct itself versus the Dollar, dropping below the 1.2600 level and probably heading towards the 1.2500 zone.

Cable Update (GBPUSD)

Very good rally on the GBPUSD, looks like a bullish change in direction, now it may try to reach the 1.2800 level.

Cable Update (GBPUSD)

The EURUSD is kind of forming a bullish flag above the 1.0700 level, therefore, it may try to continue higher.

EURUSD

The range on the AUDUSD is still between the 0.7500 and the 0.7600 levels. There has been a lot of volatility for today, but no clear direction until it breaks one of those levels.

AUD/USD

Good rally on the USDJPY but the current daily candle is showing a long upper shadow, which is an indication that the pair may drop back down to the 114.00 zone.

USD/JPY Discussion

WTI oil was not able to break below its 55 day EMA, around the 50.84 level. The price may stay consolidated between the 50.84 and the 52.00 levels.

Oil and Natural Gas

The GBPUSD pulls back during possible profit taking. Therfore, the pair may try to go back up, maybe breaking above the 1.2372 level, where the 55 day EMA is at the moment.

Cable Update (GBPUSD)