0.0 00 The euro currency (EUR) has come under pressure against the British pound (GBP) after the EUR/GBP currency exchange rate traded near a three month high price point at the end of last week. Today’s …
Read More »Asian Markets Flat as Covid-19 Cases Surge Higher
0.0 00 The Asian and Pacific Rim financial and equity bourses were mixed during the early morning trade session. Asian and regional traders are watching a growing number of Covid-19 (coronavirus) pandemic cases grow in the …
Read More »British Pound Trades Below Trend Line
0.0 00 The GBP/USD currency exchange rate and above daily MT 4 chart note that the British pound (GBP) is now trading below a upward sloping trend line in play since the end of March. The …
Read More »Euro Currency forms Series of Doji Candlesticks
0.0 00 Looking at the widely traded EUR/USD currency exchange rate and above daily MT 4 chart, the euro currency (EUR) is starting the week with a Doji candlestick pattern. The EUR/USD Forex market posted a …
Read More »WTI Crude Oil Chart forms a Head and Shoulders
0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract and above four (4) hour MT 4 chart, the WTI crude contract is trading near $39.25 per barrel. This contract has also …
Read More »Gold forms a Series of Doji Candlesticks
0.0 00 Looking at the widely traded spot gold futures contract and above daily MT 4 chart, the yellow metal has put in a set of Doji candlesticks. This indicates traders are rather indecisive about price …
Read More »Euro Struggles against the British Pound
0.0 00 Looking at the benchmark EUR/GBP currency exchange rate and above four (4) hour MT 4 chart, the euro currency (EUR) is struggling to follow through with recent gains against the British pound (GBP). The …
Read More »Asian Markets Fall as IMF Delivers a Warning
0.0 00 Asian and Pacific Rim sentiment in the financial markets dipped lower Wednesday morning after the chief economist from the International Monetary Fund (IMF) delivered a warning about the global economy. IMF Chief Economist Gita …
Read More »Euro forms a Head and Shoulders Pattern
0.0 00 Looking at the world’s most liquid currency exchange rate, the EUR/USD, on the above four (4) hour MT chart, the euro currency (EUR) has formed a head and shoulders pattern against the U.S. dollar …
Read More »WTI Crude Oil Fails at the Trend Line
0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract and above four hour MT 4 chart, crude oil is trading around the downside support level in play at $37.81 per barrel. …
Read More »