0.0 00 The benchmark EUR/GBP currency exchange rate has seen three days of gains and the euro currency is trading near a three day high price point above 0.8655 during the Asian trade session on Friday. …
Read More »British Pound breaks below a 2 Month Old Rising Channel
0.0 00 Looking at the benchmark GBP/JPY currency exchange rate, the British pound has reversed a corrective bounce against the Japanese yen and has fallen below the fifty (50) day simple moving average and 149.44 during …
Read More »Dollar Consolidates Gains around 108.08 Yen
0.0 00 Since spiking higher at the beginning of the week, the US dollar is consolidating against the Japanese yen on either side of 108.08. Traders appear quite indecisive in the benchmark USD/JPY currency exchange rate. …
Read More »British Pound Starts to Lose Steam around 1.3940
0.0 00 Looking at the headline GBP/USD currency exchange rate, the British pound is cooling off near 1.3940 and above the key level at 1.3930. This Forex market is running out of steam and having difficulty …
Read More »Dollar Loses some Steam around $1.2590
0.0 00 Looking at the headline USD/CAD currency exchange rate, the U.S. dollar has made some good gains against the Canadian currency over the last trade day. These gains have been fueled by weakness in the …
Read More »Spot Silver takes a Breather around $25.80 per Ounce
0.0 00 Spot silver has made some significant gains over the last day or so thanks to a broadly weaker U.S. dollar. Price action during the morning Asian trade session has cooled down as we see …
Read More »Euro Currency Breaks above a Falling Trend Line
0.0 00 Looking at the headline EUR/USD currency exchange rate, the euro currency is taking advantage of the broad weakness in the safe haven U.S. dollar. The EUR/SD Forex market is taking some time to consolidate …
Read More »WTI Crude Oil Buys Time above the 200 Day SMA
0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract, oil is trading just below $63.60 per barrel during the early Asian trade session on Tuesday. The black gold is also trading …
Read More »Spot Gold Gains as Treasury Yields Fall
0.0 00 The widely traded and popular spot gold futures contract got a nice boost at the end of last week, as noted on the above daily MT 4 price action chart. This was thanks to …
Read More »British Pound Trades above Key Support at 1.3670
0.0 00 Looking at the benchmark GBP/USD currency exchange rate, the British pound is setting up, on the above daily MT 4 price chart, a series of lower highs. The British pound is also trading above …
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