0.0 00 Looking at the euro currency (EUR) on the above daily MT 4 chart, the single currency has defended a key support level and continues to expand a sideways channel. The world’s most liquid currency …
Read More »Gold Consolidates above a Key Support Level
0.0 00 Looking at the popular spot gold futures contract, the yellow metal is in full on consolidation mode as there is a fairly quiet economic calendar on Wednesday. There are some headlines surrounding geopolitical events …
Read More »Euro Tries to Challenge the Key 0.90 Price Level
0.0 00 Looking at the EUR/GBP currency exchange rate and above daily MT 4 chart, the British pound (GBP) came under selling pressure which pushed this Forex market higher. The euro currency (EUR) is currently finding …
Read More »Crude Oil Straddles the 100 Day EMA
0.0 00 Looking at the West Texas Intermediate (WTI) crude oil contract on the above daily MT 4 price chart, the WTI contract is taking aim at $39.45 per barrel but finding support at the one …
Read More »Asian Markets Mostly Mixed Monday Morning
0.0 00 The Asian and Pacific Rim equity and financial markets are mostly mixed by mid-morning, Monday, as market participants are being rattled by increased geopolitical tensions. Especially between China and the United States of America. …
Read More »British Pound Positioned to take a Fall Lower
0.0 00 Looking at the British pound (GBP) on the above daily GBP/USD daily MT 4 chart, the sellers are trying to enter this Forex market as there are some overbought signals with the technical indicators. …
Read More »Japanese Yen looks Vulnerable as Week Starts
0.0 00 Looking at the headline USD/JPY currency exchange rate, the Japanese yen (JPY) has depreciated against the U.S. dollar (USD). The yen is trading below the fifty day moving average as well as below the …
Read More »British Pound Trades around the 10 DMA
0.0 00 Looking at the British pound (GBP) on the above GBP/USD daily MT 4 chart, this key Forex market tried to bounce off the one week low price point on Thursday but this Forex market …
Read More »Gold Trades above a Key Falling Trend Line
0.0 00 Looking at the widely traded spot gold futures contract and above hourly MT 4 price chart, the price of the yellow metal is oscillating around $1,940 per ounce as traders wait on key labor …
Read More »Euro Currency Forms a Bearish Candlestick
0.0 00 Looking at the euro currency (EUR) in the world’s most liquid currency exchange rate, the EUR/USD Forex market, this key Forex market seems to have had a bearish trend change. On the above daily …
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