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lloyd97 lloyd97 USDCHF, 30,
USDCHF: Fundamental analysis for U.S. Crude Oil Inventories
14 0 1
USDCHF, 30
Fundamental analysis for U.S. Crude Oil Inventories

One of the economic releases of the day was the U.S. Crude Oil Inventories which helps measures the weekly change in the number of barrels of commercial crude oil held by US firms. The way it works is that the amount of inventories helps influence the price petroleum products which can have an encounter with the inflation rates. Traders have got two things which ...

LukeFagan LukeFagan NZDUSD, 60, Short ,
NZDUSD: 117pip CyPHER move in 1 hour!
55 0 4
NZDUSD, 60 Short
117pip CyPHER move in 1 hour!

Price action formed a Bearish Cypher formation (D Completion around the 0.69321 level found the pattern late but luckily and happend to give me a better risk reward. price action was consolidating for most of the day at a loss until RBNZ Press Conference and RBNZ Monetary Policy news took place then price rolled over and both target 1 and 2's got taken out in less ...

LeeThompson97 LeeThompson97 GBPUSD, D, Long ,
GBPUSD: Upcoming General Election & Brexit Related Analysis (GBP)
92 0 3
GBPUSD, D Long
Upcoming General Election & Brexit Related Analysis (GBP)

See chart for fundamental and technical analysis. I have given a timeline of Brexit events and the reasoning for its effects on the Pound Sterling. The combination of technical analysis and a strong likelihood of a Conservative landslide (Soft Brexit) should see the GBP surge, and hopefully see GBP recover to its pre-Brexit highs.

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