0.0 00 The Australian dollar is consolidating losses from a five week high price point against the U.S. dollar. The AUD/USD currency exchange rate is trading around the 38.2 percent Fibonacci level and 0.7235 as we …
Read More »British Pound Moves Higher as Golden Cross Forms
0.0 00 The British pound continues to own the safe haven Japanese yen. The GBP/JPY Forex pair is trading around 154.28 yen as we head into Tuesday. Volatility remains thin as many markets remain closed for …
Read More »Euro Currency Remains at the Mercy of the Greenback
0.0 00 The euro currency began the current year (2021) trading at 1.2240 against the U.S. dollar. The EUR/USD Forex pair then, by November, hit a low price point of 1.1185. As we head into this …
Read More »Gold Futures look to Stay Above $1,800 per Ounce
0.0 00 The spot gold futures contract is trading back above $1,800 per ounce after hitting an intraday high price level of $1,791.63 during Wall Street hours. Traders are assessing the delay of President Joe Biden’s …
Read More »Dollar Looks to Extend Losses against the Loonie
0.0 00 The almighty U.S. dollar is extending Tuesday’s losses from a yearly high price point. The USD/CAD currency exchange rate is falling towards 1.29 as price action is now challenging 1.13. This Forex market has …
Read More »British Pound Remains on the Defense against the Yen
0.0 00 The British pound is on the defensive against the safe haven Japanese yen as we head into Tuesday’s trade session. The GBP/JPY currency exchange rate is edging lower trading near 115.10 yen as risk …
Read More »Gold Buyers Send Price above $1,800 per Ounce
0.0 00 Last week, the spot gold futures contract was range bound at first before dipping to its lowest price point in two months at $1,753 per ounce on Wednesday. The metal then recovered going to …
Read More »Dollar Trades Sideways around the 50% Fibo. Level
0.0 00 The U.S. dollar remains trading sideways around the fifty (50) percent Fibonacci retracement level. The USD/CAD currency exchange rate is quietly range trading near 1.2775 going into Friday’s trade session. U.S. dollar traders are …
Read More »Australian Dollar Moves Above 81.75 Yen
0.0 00 The Australian dollar has broken higher against the safe haven Japanese yen. The AUD/JPY Forex pair is now trading above 81.75 yen and above a falling trend line in play since the beginning of …
Read More »New Zealand Dollar Looks to Challenge 0.6732
0.0 00 The New Zealand dollar is challenging the intraday low at 0.6732. This is also the yearly low price point for the NZD/USD Forex pair. Forex and financial market traders will be glued to the …
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