0.0 00 Looking at the USD/CHF currency exchange rate on the above hourly MT 4 price action chart, the US Dollar (USD) is consolidating around 0.88. This is a multi-year old low price point. The US …
Read More »Spot Gold Trades around the 5 Hour SMA
0.0 00 Looking at the widely traded spot gold futures contract and above hourly MT 4 price action chart, gold is trading around $1,944 per ounce and below the short term five (5) hour simple moving …
Read More »Euro Currency Challenges a Rising Trend Line
0.0 00 Looking at the benchmark EUR/USD currency exchange rate and above daily MT 4 price action chart, the euro currency (EUR) during the early Asian trade session on Tuesday is trading near 1.2268 as this …
Read More »British pound is Trades below a Rising Trend Line
0.0 00 Looking at the benchmark GBP/USD Forex market on the above four (4) hour MT 4 price action chart, the British pound is consolidating losses below a rising trend line. Price action is trading between …
Read More »Asian Financial Market start 2021 Mostly Higher
0.0 00 Asian and Pacific Rim equity and financial markets kicked off 2021 mostly higher. Traders were watching regional economic data which came in better than expected. In Japan the Asian benchmark bourse, the Nikkei …
Read More »US Dollar Fails to Break above 1.2735 and Falls
0.0 00 Looking at the US dollar (USD) on the above hourly USD/CAD MT 4 price action chart, is failing to extend is recovery above 1.2735. The US dollar has fallen, during today’s morning Asian trade …
Read More »Euro Currency loses Ground against the Pound
0.0 00 Looking at the euro currency and the benchmark EUR/GBP currency exchange rate on the above four (4) hour MT 4 price chart, this Forex market has fallen below 0.8960 as momentum has faded during …
Read More »US Dollar is Capped by the 21 Day SMA
0.0 00 Looking at the US dollar (USD) on the above daily USD/CHF MT 4 price action chart, the short-term twenty one (21) day simple moving average (SMA) continues to cap gains in this benchmark Forex …
Read More »WTI Crude Oil Trades above $48 on U.S. Inventories
0.0 00 Looking at the benchmark the U.S. West Texas Intermediate (WTI) crude oil futures contract on the above hourly MT 4 price action chart, oil is trading below $48.40 and towards $48.25/20 per barrel despite …
Read More »US Dollar Falls back from the 200 Hour SMA
0.0 00 Looking at the US dollar (USD) on the above USD/CAD hourly MT price action chart, the greenback cannot catch a break and break out of the doldrums against the Canadian dollar (CAD). The US …
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