Technical Analysis

0.0 00 The Australian dollar is consolidating losses from a five week high price point against the U.S. dollar. The AUD/USD currency exchange rate is trading around the 38.2 percent Fibonacci level and 0.7235 as we …

0.0 00 The British pound continues to own the safe haven Japanese yen. The GBP/JPY Forex pair is trading around 154.28 yen as we head into Tuesday. Volatility remains thin as many markets remain closed for …

0.0 00 The euro currency began the current year (2021) trading at 1.2240 against the U.S. dollar. The EUR/USD Forex pair then, by November, hit a low price point of 1.1185. As we head into this …

0.0 00 The spot gold futures contract is trading back above $1,800 per ounce after hitting an intraday high price level of $1,791.63 during Wall Street hours. Traders are assessing the delay of President Joe Biden’s …

0.0 00 The almighty U.S. dollar is extending Tuesday’s losses from a yearly high price point. The USD/CAD currency exchange rate is falling towards 1.29 as price action is now challenging 1.13. This Forex market has …

0.0 00 The British pound is on the defensive against the safe haven Japanese yen as we head into Tuesday’s trade session. The GBP/JPY currency exchange rate is edging lower trading near 115.10 yen as risk …

0.0 00 Last week, the spot gold futures contract was range bound at first before dipping to its lowest price point in two months at $1,753 per ounce on Wednesday. The metal then recovered going to …

0.0 00 The U.S. dollar remains trading sideways around the fifty (50) percent Fibonacci retracement level. The USD/CAD currency exchange rate is quietly range trading near 1.2775 going into Friday’s trade session. U.S. dollar traders are …

0.0 00 The Australian dollar has broken higher against the safe haven Japanese yen. The AUD/JPY Forex pair is now trading above 81.75 yen and above a falling trend line in play since the beginning of …

0.0 00 The New Zealand dollar is challenging the intraday low at 0.6732. This is also the yearly low price point for the NZD/USD Forex pair. Forex and financial market traders will be glued to the …