0.0 00 Last week, the widely traded spot gold futures contract managed to keep its bullish momentum, which started last Tuesday, going into the weekly closing. Still, gold closed below its highest yearly price point which …
Read More »Australian Dollar Trades around the 20 & 100 SMAs
0.0 00 The Australian dollar is looking weak against the U.S. dollar as we head into a new week. The AUD/USD currency exchange rate is trading just below the short-term twenty (20) day simple moving average …
Read More »Euro Daily Chart forms a Bullish Doji Candlestick
0.0 00 The euro currency is quietly trading below 1.22 against the U.S. dollar during the Asian trade session as Forex traders head into the weekend. The EUR/USD currency exchange rate is trading between 1.2215 and …
Read More »Dollar continues to Consolidate against the Loonie
0.0 00 The almighty U.S. dollar is catching a bid against the Canadian currency around 1.2078 as we head into the weekend. The USD/CAD currency exchange rate is looking to recover some of yesterday’s losses as …
Read More »British Pound remains under Pressure against the Dollar
0.0 00 The British pound us under pressure headed into Thursday’s trade session. Price action in the benchmark GBP/USD currency exchange rate is trading below 1.4110 and challenging the monthly rising trend line as well a …
Read More »Euro looks to continue its Rally against the Yen
0.0 00 The euro currency continues its rally against the safe haven Japanese yen. The headline EUR/JPY currency exchange rate is trading below 133 yen. There is some upside resistance in that area but this Forex …
Read More »Dollar Looks for Direction against the Swiss Franc
0.0 00 The U.S. dollar continues to consolidate around 0.8965 to 0.8950 against the Swiss franc. The USD/CHF currency exchange rate is also trading below the one hundred and two hundred (100, 200) day simple moving …
Read More »Euro could Correct Lower before Coiling Higher
0.0 00 Looking at the euro currency in the benchmark EUR/GBP currency exchange rate, price action is edging higher and trading near 0.8960. Prices, yesterday, broke above the two hundred (200) hour simple moving average overnight …
Read More »The Euro Currency Looks Firm above 1.2220
0.0 00 Looking at the benchmark EUR/USD currency exchange rate, the euro currency is trading above 1.2220 during the Asian trade session on Tuesday. The EUR/USD continues to trade higher against the U.S. dollar but remains …
Read More »British Pound Trades within a Descending Triangle
0.0 00 Looking at the British pound trading against the safe haven Japanese yen, the GBP/JPY currency exchange rate is still trading within a descending triangle chart pattern. Price action is also above a key support …
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