0.0 00 Looking at the benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract on the above one hour MT 4 price action chart, price action has been fairly choppy since overnight and into the …
Read More »British Pound Trades between the 10 and 21 Day SMAs
0.0 00 The British pound is trading around the intra-session high of 1.3928 during the Asian trade session on Thursday. This is also a weekly high price point. Looking at the above GBP/USD daily MT 4 …
Read More »Euro Currency Slides below 86.10 Pence
0.0 00 Looking at the benchmark EUR/GBP currency exchange rate on the above daily MT 4 chart, the euro currency has fallen below 0.8610. This Forex market looks a bit directionless while below the short-term ten …
Read More »British Pound Challenges the 21 Hour SMA below 151 yen
0.0 00 Looking at the GBP/JPY currency exchange rate, the British pound is challenging the 21 hour simple moving average as price action, on Tuesday broke above 151 yen for the first time since April 2018. …
Read More »British Pound Breaks below Key Rising Trend Line
0.0 00 Looking at the British pound on the above daily GBP/USD MT 4 price action chart, price is trading above 1.3802 and closer to 1.3810 during the morning Asian trade session. The British pound has …
Read More »Spot Silver Trades Quietly in a Descending Price Channel
0.0 00 Looking at the spot silver contract, for front end delivery, price action is within a falling trend channel moving quietly around $21.15 to $21.20 per ounce. Right now, the silver futures contract is also …
Read More »Euro Looks Weak while Below the 20 Day SMA
0.0 00 Last week, the euro currency fell lower against the U.S. dollar for the second week in a row. Looking at the above daily EUR/USD MT 4 chart, there could be more losses ahead for …
Read More »Spot Gold Remains in Descending Channel
0.0 00 The spot gold futures contract (XAU/USD), continues to move lower in a descending price action channel. Gold is under pressure from a stronger U.S. dollar which has gotten a boost from rising Treasury yields. …
Read More »Euro Currency turns South against the Greenback
0.0 00 What goes up must come down. The euro currency is trading near a three month low price point against the U.S. dollar after market sentiment soured and Forex traders moved into safe haven asset …
Read More »Dollar Looks Higher after a Head & Shoulders Forms
0.0 00 Looking at the benchmark USD/CAD Forex market, the almighty dollar has seen some small gains against the Canadian currency. This currency exchange rate is above 1.2660 during the early Asian trade session on Friday. …
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