0.0 00 Looking at the widely traded spot gold futures contract on the above daily MT 4 chart, the bullion is trading lower and below $1,685 per ounce during the morning Asian trade session. Price action …
Read More »Euro Remains on the Defensive against the USD
0.0 00 Looking at the headline EUR/USD currency exchange rate on the above four hour MT 4 price action chart, the euro currency is still on the overall defensive against the safe haven U.S. dollar. During …
Read More »Australian Dollar Finds Support at the 100 Day SMA
0.0 00 Looking at the sentiment linked and commodity Forex pair, the AUD/USD, the Australian dollar has found some support at the one hundred day (100) simple moving average near 0.7642. During the early Asian trade …
Read More »British Pound Falls Below Rising Trend Channel
0.0 00 Looking at the widely traded GBP/USD currency exchange rate, the British pound remains on the defensive against the U.S. dollar (USD). The GBP/USD Forex market, as seen on the above daily MT 4 price …
Read More »Dollar Gains Ground as Treasury Yields Rise
0.0 00 Looking at the U.S. dollar against the Japanese yen, the greenback has been inching higher. The USD/JPY Forex market has found support from rising Treasury yields as well as worsening coronavirus pandemic conditions in …
Read More »Euro Currency follows Sour Sentiment Lower
0.0 00 Looking at the benchmark EUR/GBP currency exchange rate, the euro currency has been falling lower from weekly high price points since Thursday. Trader sentiment has soured and this Forex market has fallen from 0.8645 …
Read More »Spot Silver begins to Consolidate Recent Losses
0.0 00 Looking at the spot silver futures contract, silver has started to lose some downward momentum after bouncing off a multi-day low price point. The white metal is currently trading around $25.15 per ounce during …
Read More »British Pound Remains under Pressure vs the Dollar
0.0 00 Looking at the benchmark GBP/USD currency exchange rate, the British pound was unable to recover falling to a low price point at the early-February lows. This benchmark Forex market is currently trading just above …
Read More »Spot Gold Trades in a Narrow Price Range
0.0 00 Looking at the popular spot gold future contract, on the above one hour MT 4 price action chart, the yellow metal continues to trade in a narrow price band around $1,375 per ounce. The …
Read More »Euro Currency falls Lower Challenging the 200 DMA
0.0 00 Looking at the above daily EUR/USD MT 4 price action chart, the euro currency had reversed its correction lower only to fall back to earth. Overnight, the headline EUR/USD Forex market rose from last …
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