0.0 00 Looking at the widely traded spot gold futures contract and the above daily MT 4 chart, the yellow metal is trading directionless in a tight trading range around the key barrier of $1,900 per …
Read More »Japanese Yen Fails to Close above 104.95
0.0 00 Looking at the Japanese yen (JPY) on the above hourly USD/JPY MT 4 price chart, this Forex market was unable to close above 104.95 yen on Monday. This sent the USD/JPY currency exchange rate …
Read More »Asian Markets fall as Covid-19 Spikes Higher
0.0 00 The Asian and Pacific Rim financial and equity markets were mostly lower during the early morning trade session to kick a new week off. Trader sentiment is taking a hit as there is a …
Read More »British Pound Remains above the 50 day SMA for Now
0.0 00 Looking at the British pound (GBP) and the above daily GBP/USD MT 4 price action chart, this Forex market, for now, is trading above the fifty (50) day simple moving average (SMA). Price action …
Read More »Euro Currency Remains above the 20 Day SMA
0.0 00 Looking at the world’s most liquid currency exchange rate, the euro currency (EUR) on the above daily MT 4 chart, continues to look in control in the EUR/USD Forex market. The euro currency is …
Read More »Canadian Dollar Losses being Capped against the USD
0.0 00 Looking at the Canadian dollar (CAD) on the above USD/CAD hourly MT 4 price action chart, this key Forex market is still being capped below the upside congestion zone in play at 1.3175 to …
Read More »Crude Oil Trades in a Narrow Price Range
0.0 00 Looking at the West Texas Intermediate (WTI) crude oil futures contract on the above daily MT 4 chart, saw its fall lower capped by the short term 21 day simple moving average (SMA) and …
Read More »British Pound sees its Largest Daily Gain in 7 Months
0.0 00 Looking at the British pound (GBP) on the above daily GBP/USD MT 4 chart, this Forex market is extending its largest daily gain in seven months during Wednesday’s trade session. There is a level …
Read More »Euro Looks to Challenge the Support Level at 0.90
0.0 00 The euro currency (EUR) on the above daily EUR/GBP MT 4 chart tried a false breakthrough above the five week long bearish channel earlier this week. This Forex market then started losing ground. The …
Read More »Euro Breaks above the 1.1830 Price Point
0.0 00 Looking at the euro currency (EUR) on the above four (4) hour EUR/USD MT 4 price chart, prices action is trading above 1.1830 during the early Asian trade session on Wednesday. The euro gained …
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