0.0 00 The British pound is trading around 153 to 150.25 yen during the morning Asian trade session on Tuesday. This is around a falling trend line seen on the above GBP/JPY price action chart. This …
Read More »WTI Crude Oil Looks to Challenge $73.80 per Barrel
0.0 00 The popular U.S. West Texas Intermediate (WTI) crude oil futures contract is edging higher on Tuesday as traders look to challenge the key upside barrier in play at $73.80 per barrel. Tuesday is all …
Read More »Spot Gold Daily Chart Forms Golden Cross
0.0 00 Looking at the popular spot gold futures contract, price action is seeing a “golden cross” forming. This happens when the fifty (50) and two hundred day simple moving averages (SMA) cross. More specifically when …
Read More »British Pound Remains Under Pressure Against USD
0.0 00 Overall, headed into a new trade week, the British pound remains pressured lower against the U.S. dollar. The GBP/USD currency exchange rate is trading below the fifty, one hundred and two hundred (50, 100, …
Read More »Dollar Loses Ground against the Swiss Franc
0.0 00 The almighty U.S. dollar has lost ground against the safe haven Swiss franc. The USD/CHF currency exchange rate is trading in a narrow trade range and challenging both the one hundred (100) day simple …
Read More »Euro Currency Looks Weak Below the 50 Day SMA
0.0 00 The euro currency is trying to mount a challenge of the fifty (50) day simple moving average while within a falling trend channel against the British pound. The benchmark EUR/GBP Forex market has lost …
Read More »Dollar Struggles for Direction around 1.25
0.0 00 The almighty U.S. dollar has broken above a crucial falling trend line and looking to challenge 1.25 against the Canadian Loonie. The benchmark USD/CAD currency exchange rate is trading around 1.2480 to 1.25 entering …
Read More »British Pound Looks Sidelined around 1.38
0.0 00 The British pound is trading sideways against the greenback around 1.38 during the early Asian trade session. This follows a day of a lot of price action volatility and the appearance of a Doji …
Read More »Euro Currency Remains Under Pressure near 1.1820
0.0 00 The euro currency is under selling pressure against the U.S. dollar. Right now the sellers seem to be taking a breather around 1.1820 as we head into the Wednesday trade session. Yesterday, the benchmark …
Read More »WTI Crude Oil Sells Off as the Rift in OPEC Continues
0.0 00 The benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract remains under selling pressure despite recovering off the one week low price point. On Tuesday, U.S. crude hit their highest price point since …
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