0.0 00 Looking at the British pound on the above hourly MT 4 price action chart, the benchmark GBP/USD currency exchange rate is consolidating just below the key psychological level of 1.37. Fundamentally British pound traders …
Read More »New Zealand Dollar breaks above Key Trend Line
0.0 00 Looking at the above hourly NZD/USD MT 4 price action chart, the New Zealand dollar has broken above a key falling trend line. This happened on Thursday. This trend line linked the 6, 8 …
Read More »WTI Crude Oil trades around $52 per Barrel
0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract on the above hourly MT 4 price action chart, oil is trading around $52 per barrel in a choppy price pattern as …
Read More »Australian Dollar trades within a Pennant Pattern
0.0 00 Looking at the benchmark AUD/USD currency exchange rate on the above four (4) hour price action chart, the sentiment and commodity linked Australian dollar (AUD) closed on Wednesday down about half (0.5) percent on …
Read More »Euro Currency Trades between the 100 & 200 EMAs
0.0 00 The euro currency bulls are taking a breather during the early Asian trade session on Wednesday. Looking at the benchmark EUR/USD currency exchange rate on the above hourly MT 4 price action chart, there …
Read More »Spot Gold forms a Bearish Chart Pattern
0.0 00 Looking at the popular spot gold futures contract on the above four (4) hour MT 4 price action chart, gold is trading around $1,860 per ounce during the morning Asian trade session. The spot …
Read More »Euro Falls below the key 0.90 Price Level
0.0 00 Looking at the benchmark EUR/GBP currency exchange rate and the above hourly MT 4 price chart, the euro currency has broken below the short-term 21 hour simple moving average (SMA). This Forex market has …
Read More »WTI Crude Oil could Challenge the 50 Hour SMA
0.0 00 Despite the pullback seen yesterday, the benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract remains in an uptrend seen on the above hourly MT 4 price chart. There are global demand worries …
Read More »Spot Gold Challenges the Key 200 Day SMS
0.0 00 Looking at the spot gold futures contract and above daily MT 4 price action chart, gold is on the defensive and looking to challenge the two hundred day (200) simple moving average, which is …
Read More »British Pound Looks Good on the Daily Chart
0.0 00 Looking at the benchmark GBP/USD currency exchange rate on the above daily MT 4 price chart, the British pound is still seeing some upside momentum as this Forex market is trading within a broad …
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