0.0 00 The almighty U.S. dollar is in control over the safe haven Japanese yen. The headline USD/JPY currency exchange rate has reversed higher over the course of February and is trading below the technical upside …
Read More »British Pound has Fallen to a new Weekly Low Price Point
0.0 00 Looking at the British pound on the above four hour MT 4 price action chart, the GBP/USD Forex market is bearish and trading around 1.3985 during the Asian trade session on Friday. The British …
Read More »Dollar Challenges the Highest Price since Dec. 2020
0.0 00 The US dollar is looking strong against the safe haven Swiss franc (CHF). The USD/CHF currency exchange rate is looking to gain some follow through on the above daily MT 4 price action chart. …
Read More »Dollar Trades near the February 2018 Low Price
0.0 00 Looking at the US dollar on the above USD/CAD daily MT 4 price action chart, the greenback is on the defensive in this Forex market. The almighty US dollar has fallen to a new …
Read More »Euro Challenges Top of Rising Wedge Pattern
0.0 00 The headline EUR/USD currency exchange rate has fallen to an intra-day low of 1.2159/60 during the early Asian trade session on Thursday. The euro currency has found some support and since turned higher towards …
Read More »Australian Dollar Loses Ground after the RBNZ
0.0 00 Looking at the widely traded commodity linked currency exchange rate, the AUD/NZD, the Australian dollar inched up to 1.8020 before falling back to 1.0773 during the Asian trade session on Wednesday. Forex traders were …
Read More »British Pound Trades near a 34 Month High Price Point
0.0 00 The British pound is trading at a 34 month high price point against the U.S. dollar. The benchmark GBP/USD currency exchange rate is near its highest price point since April 2018 as price action …
Read More »Euro Currency Breaks above the 50 Day SMA
0.0 00 Looking at the world’s most liquid currency exchange rate, the EUR/USD, the euro currency is above the fifty day (50) simple moving average (SMA). There are also bullish signals on the above daily MT …
Read More »WTI Crude Oil Surges Higher on Positive Covid News
0.0 00 Looking at the front month U.S. West Texas Intermediate (WTI) crude oil futures contract has soared higher and above $62 per barrel overnight. The U.S. oil futures contract surged $3.00 yesterday as prices rallied from …
Read More »Dollar Challenges the 200 Day SMA
0.0 00 Looking at the benchmark USD/JPY Forex market, the dollar hit a five month high at 106.23 on Wednesday. The greenback was supported by better than expected monthly US retail sales data as well as …
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