0.0 00 The U.S. West Texas Intermediate (WTI) crude oil futures contract fell to a low price point at $67.70 per barrel during the overnight North American trade session. The U.S. oil contract has since recovered …
Read More »Euro Trades around the 10 Day Simple Moving Average
0.0 00 The euro currency is trading around 1.1840 and just above the ten day simple moving average against the U.S. dollar. The benchmark EUR/USD currency exchange rate is also near the weekly low price point. …
Read More »Spot Gold Forms Bearish Gravestone Doji Candlestick
0.0 00 The widely traded spot gold futures contract was unable to extend gains made on Wednesday so far during the Asian trade session. The gold bullion looks a bit cautious ahead of a volatile economic …
Read More »British Pound Falters around the 61.8% Fibonacci Level
0.0 00 The British pound is trading around 151.55 to 151.60 yen during the Wednesday Asian trade session. The benchmark GBP/JPY Forex market looks a bit weak as safe haven currencies are getting a bid over …
Read More »Spot Gold Remains Stuck between 2 Key Daily SMAs
0.0 00 Looking at the widely traded spot gold futures contract, price action remains quite neutral between the two hundred and twenty (200, 20) day simple moving averages (SMA). Today’s economic calendar is pretty quiet today. …
Read More »British continues Gaining against the Dollar
0.0 00 The British pound made some nice headway against the U.S. dollar last week. However, the GBP/USD currency exchange rate was unable to conquer the 61.8 percent Fibonacci level from 1 June to 20 July …
Read More »Euro Currency Corrects Higher against the Dollar
0.0 00 The euro currency corrected higher last week. The rise being seen with the EUR/USD Forex market seems more of a correction than a broad move higher. There is little substance to back this current …
Read More »British Pound Trades above the 100 Day SMA
0.0 00 The British pound is trading around 1.3970 as we head into Friday’s trade session. The benchmark GBP/USD Forex market refreshed multi-day high price points on Thursday and is above the one hundred (100) day …
Read More »Australian Dollar inches Lower against the Kiwi
0.0 00 The Australian dollar continues to lose ground against the New Zealand dollar. The benchmark AUD/NZD Forex market is losing ground headed into Thursday’s trade session. During the early Asian session, the Australian dollar moved …
Read More »Euro Currency Defends 1.18 and inches Higher
0.0 00 The euro currency is defending 1.18 and is inching higher around 1.1818 against the U.S. dollar before today’s U.S. Federal Reserve’s monetary policy and rate decision. The EUR/USD currency exchange rate is drifting higher …
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