0.0 00 The almighty U.S. dollar is catching a bid against the Canadian currency around 1.2078 as we head into the weekend. The USD/CAD currency exchange rate is looking to recover some of yesterday’s losses as …
Read More »British Pound remains under Pressure against the Dollar
0.0 00 The British pound us under pressure headed into Thursday’s trade session. Price action in the benchmark GBP/USD currency exchange rate is trading below 1.4110 and challenging the monthly rising trend line as well a …
Read More »Euro looks to continue its Rally against the Yen
0.0 00 The euro currency continues its rally against the safe haven Japanese yen. The headline EUR/JPY currency exchange rate is trading below 133 yen. There is some upside resistance in that area but this Forex …
Read More »Dollar Looks for Direction against the Swiss Franc
0.0 00 The U.S. dollar continues to consolidate around 0.8965 to 0.8950 against the Swiss franc. The USD/CHF currency exchange rate is also trading below the one hundred and two hundred (100, 200) day simple moving …
Read More »Euro could Correct Lower before Coiling Higher
0.0 00 Looking at the euro currency in the benchmark EUR/GBP currency exchange rate, price action is edging higher and trading near 0.8960. Prices, yesterday, broke above the two hundred (200) hour simple moving average overnight …
Read More »The Euro Currency Looks Firm above 1.2220
0.0 00 Looking at the benchmark EUR/USD currency exchange rate, the euro currency is trading above 1.2220 during the Asian trade session on Tuesday. The EUR/USD continues to trade higher against the U.S. dollar but remains …
Read More »British Pound Trades within a Descending Triangle
0.0 00 Looking at the British pound trading against the safe haven Japanese yen, the GBP/JPY currency exchange rate is still trading within a descending triangle chart pattern. Price action is also above a key support …
Read More »Dollar Remains Stuck against the Japanese Yen
0.0 00 Looking at the benchmark USD/JPY currency exchange rate, the U.S. dollar has been trading in a rather narrow range against the safe have Japanese yen. This range is from 108.60 yen to 109.70 yen …
Read More »Spot Gold looks Poised to Challenge $1900
0.0 00 Last week, the widely traded spot gold futures contract started the week looking for gains. Buyers came into the gold market and sent price action above the key two hundred (200) day simple moving …
Read More »British Pound Looks to extend Gains from Yesterday
0.0 00 The British pound is trading firm around 1.4190 against the U.S. dollar during the early morning Asian trade session on Friday. This comes after the GBP/USD currency exchange rate saw a good run on …
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