0.0 00 Looking at the U.S. dollar (USD) on the above daily USD/CAD MT 4 price chart, this Forex market continues to lose ground as it is now trading below 1.3120 and has broken below a …
Read More »New Zealand Dollar Challenges a Rising Trend Line
0.0 00 Looking at the New Zealand dollar (NZD) on the above four (4) hour NZD/USD MT 4 price action chart, price action has fallen towards 0.6580 during the early Asian trade session on Tuesday. The …
Read More »Crude Oil Falls Lower within an Ascending Triangle
0.0 00 Looking at the West Texas Intermediate (WTI) crude oil futures contract on the above MT 4 four (4) hour chart, price action has fallen below $41 per barrel and below $40.80 per barrel. The …
Read More »Asian Markets Gain ahead of Economic Data
0.0 00 The financial markets in the Asian and Pacific Rim were trading higher during the morning trade hours. Regional traders are waiting on China to release their gross domestic product (GDP) data for the third …
Read More »Gold Consolidates around the 21 Day SMA
0.0 00 Looking at the widely popular spot gold futures contract on the above daily MT 4 price action chart, the price of the spot contract is consolidating at the short term 21 day simple moving …
Read More »British Pound Trades around the 50 Day SMA
0.0 00 Looking at the British pound (GBP) on the above GBP/USD daily MT 4 chart, the headline GBP/USD currency exchange rate, is trading back below the short term fifty (50) day simple moving average (SMA). …
Read More »Euro Currency continues to Sell Off against the Dollar
0.0 00 Looking at the euro currency (EUR) on the above daily EUR/USD MT 4 chart, the world’s most liquid currency exchange rate is looking to extend its selloff as we head into the weekend. This …
Read More »Silver Breaks Lower as the Recover Fizzles Out
0.0 00 Looking at the spot silver futures contract and the above MT 4 daily chart, the spot contract’s recent recovery has now fizzled and price action is now consolidating at $24.295 per ounce. Overnight, the …
Read More »British Pound Tries to Break above $1.3028 Again
0.0 00 Looking at the British pound (GBP) on the above daily GBP/USD MT 4 chart, this Forex market is trying to challenge 1.3028 during the early Asian trade session. This key upside barrier held yesterday …
Read More »Crude Oil Trades near the Weekly High at $41.56
0.0 00 Looking at the West Texas Intermediate (WTI) crude oil futures contract and above four (4) hour MT 4 chart, price action is trading around the weekly high price point at $41.56 per barrel during …
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