0.0 00 European equity futures are pointing to a negative opening for the headline bourses despite positive vaccine news surrounding the global coronavirus pandemic (Covid-19). Global financial markets, including European equities, closed mostly higher on Monday …
Read More »Asian Markets Cheer Giant Trade Deal
0.0 00 Asian and Pacific Rim equity and financial markets spiked higher early Monday morning. Regional traders were cheering a recently signed mega trade deal signed by fifteen countries in the region. This Asian area trade …
Read More »Euro Currency Opens the Week Looking Cautious
0.0 00 Looking at the world’s most liquid currency exchange rate, the EUR/USD, the euro currency (EUR) on the above daily MT 4 price action chart has formed a new higher high for the week and …
Read More »Spot Gold Trades below the 50 Day SMA
0.0 00 Looking at the spot gold futures contract and above daily MT 4 price action chart, the popular gold futures contract is now trading below the fifty and one hundred (50, 100) day simple moving …
Read More »British Pound finds Support at the 10 Day EMA
0.0 00 Looking at the benchmark GBP/USD currency exchange rate on the above daily MT 4 price action chart, the British pound (GBP) Forex traders are taking a breather just above the ten (10) day exponential …
Read More »Dollar Traders Challenge the 200 Hour SMA
0.0 00 Looking at the headline USD/CAD Forex market on the above four (4) hour MT 4 price chart, the U.S. dollar has recovered from a weekly low price point to trade just below the one …
Read More »Euro Finds some Support around 0.8865
0.0 00 Looking at the euro currency (EUR) on the above daily EUR/GBP daily MT 4 price action chart, this Forex market is attempting to find a bottom after some steep losses overnight. The EUR/GBP currency …
Read More »Crude Oil Takes a Breather around $41.75 to $41.95
0.0 00 Looking at the benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract on the above four (4) hour MT 4 price action chart, the spot WTI contract is trading around $41.75 to $41.95 …
Read More »British Pound Fails to Break above 1.3280 Again
0.0 00 Looking at the British pound (GBP) on the above four (4) hour GBP/USD price action chart, this headline currency exchange rate has eased back to 1.3268 during the early Asian trade session. The British …
Read More »Dollar Sellers Look Exhausted near 1.3022/20
0.0 00 Looking at the above USD/CAD currency exchange rate on the above daily MT 4 price action chart, the U.S. dollar is facing some exhaustion near 1.3020 as this Forex market trades at 1.3022. The …
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