AlphaGroupFX

AlphaGroupFX Updated 

GBPUSD US Advance GDP for July 28 could put the current push of GBPUSD into the top of it's range at the 1.3180 level. Cycle Bottoms tapering higher at 92 and 63 candle intervals tell me the next bottom and resulting accelerating advance should be around August 2 @ 8 AM GMT. Top side cycles at 99 and 67 candles point to 45 being the expected, yet the buy of #...

AlphaGroupFX Updated 

EURUSD As of this writing EURUSD is showing some taper off of a stronger move upward. I think the longer term picture is certainly going to maintain upward bias with current USD weakness. At the moment volumes are giving USD some strength as it works the pair lower towards the 1.1626/30 mark. Depending on US Advance GDP with a prior of 1.4 and expectations of...

AlphaGroupFX Updated 

This is a top forming on a 28 Minute Cycle.. price movement lower should continue to prior low deviation equivalent (at bottom of drawn trend line)

AlphaGroupFX Updated 

Clearing offers above the 1.1682/3 level should spike bids and carry the pair slightly above the figure.. USDCHF correlation - pushing Swissy a bit to the upside at the moment so we'd want to see it drop to the 52 offer for EUR to regain climb into the 1.1705 range before volume tapers off.