AUDUSD: The Critical Ingredient for Head and Shoulders Pattern

Head-and-shoulders patterns are some of the most recognizable charting formations, yet there is one element that I consider critical to the practicality of trading it. I highlight the critical dist…

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British Pound Eyes 2021 High Ahead of Bank of England (BoE) Testimony

Fresh remarks from BoE officials may keep the British Pound afloat amid the growing discussion within the central bank to scale back the emergency measures.

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British Pound (GBP) Outlook – Strong UK Sales Data Further Underpins GBP/USD

UK households celebrated the re-opening of parts of the economy in April by going on a spending spree, boosting the positive economic outlook narrative.

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Crude Oil Prices May Keep Falling as PMI Data Shows Inflation Swell

Crude oil prices may continue to decline if UK and US PMI data highlight a sharp inflation pickup that may not be as temporary as central bankers now believe.

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