GBP/JPY – Covid-19 Vaccine Updates & More

Good day and welcome back to another article traders. Today we are going to be providing an update on the prior article on GBPJPY and what we can expect next. In our prior article, we anticipated a move lower seeing a rejection on the 3rd bounce of the trend line and our favoured fibonacci levels.Continue reading “GBP/JPY – Covid-19 Vaccine Updates & More”

GBP/JPY – Potential Negative Rates & Safe Haven Flows

Good day traders and welcome back to another article from AspireFX. Today we will be going over the current themes effecting GBPJPY as well as the technical analysis. Looking at the weekly timeframe, we see a bearish marubozu the prior week closing back below the psychological key level of 130.000. Upon the opening of theContinue reading “GBP/JPY – Potential Negative Rates & Safe Haven Flows”

GBP/AUD – Major Sell Off On The Pound

Welcome back to another article from AspireFX. Today we are looking at the past movements on GBPAUD and where price could potentially head next. Starting on the weekly timeframe, we can see after a clear break of 1.95000 we had indecision printing a doji candle with properties of a bullish hammer. Since then we haveContinue reading “GBP/AUD – Major Sell Off On The Pound”

USOIL – Price Hits $0.00 & Even Further Below

USOIL has presented us with a modern day black swan as of yesterday with prices crashing through the floor of $0.00, with the lowest chart reading of $0.01 and contracts reaching roughly -$40 per barrel. For those of you who don’t know what a black swan is, it is an event with the 3 followingContinue reading “USOIL – Price Hits $0.00 & Even Further Below”