Technical Analysis

0.0 00 Looking at the benchmark USD/CAD currency exchange rate, the U.S. dollar is trading sideways around 1.2477. The bears are taking a break after the USD/CAD fell sharply lower. This Forex market, on Monday, hit …

0.0 00 Looking at the benchmark GBP/USD currency exchange rate and above daily MT 4 price action chart, the British pound is still trading in the rising trend channel against the U.S. dollar. However, the U.S. …

0.0 00 On Friday the dollar closed above 109.35 yen as the benchmark USD/JPY currency exchange rate spiked north. This Forex market has been recovering over the last few weeks. It rose 1.7 percent one week, …

0.0 00 The euro currency, overnight during the North America trade session challenged the upside barrier lining up at 1.1990. This is key upside barrier because it retraces the recent selloff from the 25 February high …

0.0 00 Looking at the widely traded spot gold futures contract, on the above hourly MT 4 price chart, gold is trading lower from the intra-session low of $1,726 per ounce. The yellow metal has stiff …

0.0 00 Looking at the benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract on the above one hour MT 4 price action chart, price action has been fairly choppy since overnight and into the …

0.0 00 The British pound is trading around the intra-session high of 1.3928 during the Asian trade session on Thursday. This is also a weekly high price point. Looking at the above GBP/USD daily MT 4 …

0.0 00 Looking at the benchmark EUR/GBP currency exchange rate on the above daily MT 4 chart, the euro currency has fallen below 0.8610. This Forex market looks a bit directionless while below the short-term ten …

0.0 00 Looking at the GBP/JPY currency exchange rate, the British pound is challenging the 21 hour simple moving average as price action, on Tuesday broke above 151 yen for the first time since April 2018. …

0.0 00 Looking at the British pound on the above daily GBP/USD MT 4 price action chart, price is trading above 1.3802 and closer to 1.3810 during the morning Asian trade session. The British pound has …