0.0 00 The sentiment linked Australian dollar, last week, edged higher against the almighty U.S. dollar during the back half of the week. The headline AUD/USD currency exchange rate retraced about half of its earlier losses. …
Read More »Dollar faces Key upside Barriers Worrying Buyers
0.0 00 The U.S. dollar is trading around 1.2325 against the Canadian currency during the early Asian trade session on Friday. The USD/CAD currency exchange rate has found support at the fifty hour simple moving average …
Read More »Spot Gold Remains on the Bearish Headed into Friday
0.0 00 Spot gold futures were choppy during Thursday’s trade session. This benchmark gold futures contract remains overall bearish headed into the end of the week. This comes as key upside barrier remain intact leaving the …
Read More »Euro has Formed a Bearish Flag Chart Pattern
0.0 00 The euro currency, during Thursday’s early Asian trade session, has fallen from the intraday high price point at 1.1930. On the four hour price action chart, seen above, the benchmark EUR/USD currency exchange rate …
Read More »British Pound continues to inch Higher against the Yen
0.0 00 The British pound continues to inch higher against the safe haven Japanese yen. The GBP/JPY currency exchange rate is trading near a fresh year to date high at 156.08 yen then drifted lower. This …
Read More »British Pound waits on Key Flash PMI Data
0.0 00 The British pound is trading around 1.3940 as the GBP/USD currency exchange rate trades in a narrow range ahead of key monthly flash purchasing managers’ indices (PMI). This benchmark Forex market is also trading …
Read More »Dollar Takes Bids at 110.80 Yen as it Recovers
0.0 00 The U.S. dollar is trading higher against the Japanese yen. The USD/JPY currency exchange rate is taking bids near 110.80 yen and is above the key daily simple moving averages. This includes the near-term …
Read More »Euro Currency Looks for Direction against the Pound
0.0 00 The euro currency is wallowing at a falling short term trend line against the British pound. The benchmark EUR/GBP currency exchange rate is trading below the two hundred (200) hour simple moving average and …
Read More »Dollar Trades below Key Simple Moving Averages
0.0 00 The almighty U.S. dollar (USD) is trading quietly against the Canadian currency as we head into Tuesday. The benchmark USD/CAD Forex market is trading around 1.2370 and below the one hundred (100) day simple …
Read More »Spot Gold Sinks on Hawkish Fed Commentary
0.0 00 Primarily thanks to hawkish commentary from the U.S. central bank last week, which shocked the global financial markets, the widely traded spot gold futures contract fell sharply lower as the greenback strengthened. The U.S. …
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