<p>Today MPs will discuss amendments including one intended to ensure government ignore European court of human rights’ injuctions Good morning. Rishi Sunak faces another difficult day over his Rwanda bill, but it seems much more likely than not that by the time he goes to bed he will have got the legislation through the House […]
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Minister rejects claim of deep split in Tory party over Rwanda policy
<p>Michael Tomlinson says ‘there’s a difference of about an inch’ between Tory MPs, despite resignation of two deputy chairs The illegal migration minister has rejected suggestions of a deepened split within the Conservative party over the prime minister’s Rwanda bill, saying “there’s a difference of about an inch” between MPs. On Tuesday nig
EURGBP Plunges Below Support: Anticipated Movements and Target Points
The EURGBP pair has dipped below the 0.8585 support mark, indicating a renewed downside movement from its 0.8714 high. Over the next few trading sessions, a further decline can be expected. The pair could be eyeing the 0.8570 support next. If it falls below this level, the downward journey might extend to the 0.8548, the […]
EURCAD Rides the Rising Channel: Short-term Projections and Key Levels
EURCAD continues to navigate a rising price channel on the 4-hour chart, firmly keeping its short-term uptrend stance from 1.4548. As long as the pair remains within this channel, we can expect a continuation of the upside move. A breach of 1.4726 resistance might serve as a catalyst for a further ascent towards the 1.4763 […]
GBPJPY Continues Upward Post-Consolidation: Key Points to Note
After a period of consolidation, GBPJPY has broken through the 186.14 resistance level and kept its bullish position from the 178.72 level. As it currently stands, GBPJPY remains inside the ascending price channel on the 4-hour chart. If it continues to confront the boundaries of this channel, we can expect the upward move to persist, […]
GBPUSD Dips Below Support: A Test and Possible Outcomes
GBPUSD has plunged below the 1.2673 support and is currently challenging the 1.2610 support level. If GBPUSD breaks below this 1.2610 support, it could suggest that the pair is caught in a downtrend wave from 1.2827. This situation could then precipitate a further drop towards the 1.2500 support mark. However, there is an immediate resistance [&hel
EURUSD Breaks Support: The Downside Resumption and Potential Scenarios
Breaking news in the Forex market: EURUSD has crashed through the 1.0876 support level. This signifies a resumption of its downward movement, originally from 1.1139. A fresh resistance level has now formed at 1.0900. Should this line hold firm, we could potentially see a continued decline in the ensuing days. The prime target for this […]
AUDUSD Technical Analysis And Short Term Forecast
<p>Hi Traders! AUDUSD technical analysis and short-term forecast is here. We do our analysis on the MetaTrader4 platform (MT4). Some very interesting and useful tips and hacks about the MT4 platform could be found here. If you would like to learn more about the way we trade and the technical analysis we use then check out […]
Elliott Wave Update of USDCAD – January 17th, 2024
Dashed rate cut hopes coupled with languishing crude oil prices have helped push USDCAD higher for the third week in a row. Is this a good time to join the bulls? Read in our latest Elliott Wave update. <div> <div> To access this article you need to have an active <a href="https://ewminteractive.com/elliott-wave-pro/">su
Elliott Wave Update of USDJPY – January 17th, 2024
USDJPY is surging as hopes for both a Fed rate cut in March and a hike by the BOJ were dashed by inflation data and officials' remarks. In today's Elliott Wave update we pinpoint the key level to watch for trading purposes. <div> <div> To access this article you need to have an active <a […]