0.0 00 The benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract was crushed overnight. So was the international Brent crude oil futures contract. The WTI futures contract, as seen on the above daily MT …
Read More »Spot Gold Looks Indecisive as the Week Begins
0.0 00 Last week, the widely traded spot gold futures contract, saw some wild price swings. However, key support and upside barrier from last week remain in play this week. The spot contract will remain influenced …
Read More »Australian Dollar Defies Strong Treasury Yields
0.0 00 Looking at the sentiment and commodity linked Australian dollar, this currency seems to be brushing off the current strength of the almighty U.S. dollar. With that said, looking at the AUD/USD currency exchange rate …
Read More »Euro Challenges Bottom of Ascending Triangle
0.0 00 Looking at the euro currency and the above EUR/USD four hour MT4 price action chart, price action remains on the defensive below 1.19. The EUR/USD Forex market turned lower, on Thursday, after challenging the …
Read More »British Pound Challenges a Rising Trend Line
0.0 00 Looking at the benchmark GBP/USD currency exchange rate, on the above four hour MT 4 price chart, the British pound continues to lose ground against the U.S. dollar. This Forex market, during the Asian …
Read More »Dollar Spikes Higher against the Japanese Yen
0.0 00 The U.S. dollar has gotten a boost from the monetary policy statement from the overnight decision from the Federal Reserve Board. Looking at the benchmark USD/JPY currency exchange rate price action, during the Asian …
Read More »Spot Gold Moves Higher after the FOMC Decision
0.0 00 Looking at the widely traded spot gold futures contract on the above one hour MT 4 price action chart, gold prices have spike higher. This futures contract is consolidating gains above $1,750 per ounce …
Read More »Euro Currency Moves Lower against the US Dollar
0.0 00 Looking at the benchmark EUR/USD currency exchange rate, the euro currency is on the defensive against the U.S. dollar as price action has dipped below 1.19 during the early Asian trade session. Forex traders …
Read More »Spot Silver Trades Below the 50 Day SMA
0.0 00 Looking at the spot silver futures contract, price action has seen an intra-day low of $25.75 per ounce during the early Asian trade session. Right now price is trading around $25.85 per ounce. Also …
Read More »WTI Crude Oil Remains above the 200 Hour SMA
0.0 00 Looking at the benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract, oil remains supported above the two hundred (200) hour simple moving average as price consolidate below $65 per barrel around $64.60 …
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