0.0 00 The euro currency spiked high on Friday against the U.S. dollar. However, this gain could be corrective for the EUR/USD Forex market. The twenty day simple moving average looks a bit bearish in slope …
Read More »British Pound Remains on Defensive against the USD
0.0 00 The sentiment linked British pound is on the back foot against the almighty U.S. dollar. The benchmark GBP/USD currency exchange rate has broken below 1.3725 and is below the fifty, one hundred and two …
Read More »Euro Currency Trades below the 20 Day SMA
0.0 00 The euro currency is trading quietly just under the short-term twenty (20) day simple moving average vs the U.S. dollar headed into Thursday. The benchmark EUR/USD currency exchange rate has seen four day of …
Read More »Crude Oil Trades near the 20 Day Simple Moving Average
0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract, the price of the black gold found upside technical resistance at the 20 day simple moving average and inched lower. This comes …
Read More »Dollar finds Support at the 50 Day Simple Moving Average
0.0 00 The U.S. dollar broke towards the downside and lower from its trading range with the Swiss franc. The benchmark USD/CHF currency exchange rate broke lower but has found some support at the fifty (50) …
Read More »Gold Holds up against a Resurgent Greenback
0.0 00 Looking at the popular and widely traded spot gold futures contract, the yellow metal saw gains last week despite a stronger U.S. dollar. On Wednesday, the bullion was trading near $1,800 per ounce before …
Read More »British Pound Trades under the 200 DMA vs the Dollar
0.0 00 Looking at the GBP/USD currency exchange rate, the British pound remains under pressure against the almighty U.S. dollar. Price action is also below the two hundred (200) day simple moving average as we head …
Read More »Silver Prices Suffer from a Stronger U.S. Dollar
0.0 00 Precious metals like the spot silver futures contract has come under selling pressure after the U.S. Federal Board published their monthly monetary policy meeting minutes. The minutes revealed a divided monetary board. Tapering of …
Read More »Dollar Recovers against the Canadian Loonie
0.0 00 The U.S. dollar is recovering against the Canadian currency on Thursday. The USD/CAD Forex market is inching higher and now trading above 1.2650 and above the 50, 100 and 200 day simple moving averages. …
Read More »Euro Currency Recovers from the low price at 0.8535
0.0 00 The euro currency had hit a fresh high price level of 0.8535. The EUR/GBP currency exchange rate then retraced some of its gains to trade near 0.8525/6. This key Forex market looks to make …
Read More »