Risk warning: Trading CFDs is risky and can result in the loss of your invested capital. Please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Disclosure. FT Global Ltd is regulated by the IFSC.
Risk warning: Your capital is at risk. It is possible to lose more than you invest.
  • Contact us
  • FAQ

Forex News Timeline

Saturday, March 25, 2017

GBP/USD SMA cross argues move higher

The recapture of previous swing highs has resulted in a cross of the GBP/USD 50-period above the 200 SMA.

The signal emerged on 4-hour charts further bolstering the near-term GBP/USD price structure. While breakout traders will wait for a close above recent tops to negotiate a new bull move, less conservative participants will expect a re-test of the crossing level to prove benevolent for continued upside.

United States CFTC Oil NC net positions: 418.5K vs previous 433.8K

United States CFTC USD NC net positions dipped from previous $161.9K to $89.1K

United States CFTC Gold NC net positions climbed from previous $106K to $116.3K