0.0 00 Looking at the world’s most liquid currency exchange rate, the EUR/USD, on the above daily MT 4 price action chart, the euro currency (EUR) is consolidating recent losses just below the short term 21 …
Read More »WTI Crude Oil Looks to Challenge the 200 HMA
0.0 00 Looking at the popular U.S. West Texas Intermediate (WTI) crude oil contract and above four hour MT 4 price action chart, the WTI contract is down over 1.39 percent during the early Asian trade …
Read More »US Dollar eases off the 200 Day SMA
0.0 00 Looking at the US dollar (USD) on the above (USD/CAD) four (4) hour MT 4 price action chart, prices are bouncing between the one hour (100) simple moving average (HMA) on the bottom and …
Read More »Spot Gold Trades Between the 50 and 100 Day SMAs
0.0 00 Looking at the widely traded spot gold futures contract (XAU/USD), and the above daily MT 4 price action chart, the yellow metal is struggling to find direction during the Asian trade session on Tuesday. …
Read More »British Pound Challenges Upside Trend Line
0.0 00 Looking at the British pound (GBP) on the above daily GBP/USD MT price action chart, price action is challenging the upper barrier of an uptrend price channel in play this entire fall. There is …
Read More »Euro Currency Forms a Bearish Double Top
0.0 00 Looking at the world’s most liquid exchange rate on the above fifteen (15) MT 4 price action chart, the euro currency (EUR) has formed a bearish double top chart pattern as we head into …
Read More »WTI Crude Oil Trades above $48 per Barrel
0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract for front month delivery, the black gold had been focused more on broad macro level events which has fueled a broad risk …
Read More »Spot Gold looks to Confirm a Head and Shoulders
0.0 00 Looking at the widely traded spot gold futures contract (XAU/USD) on the above four (4) hour MT 4 price chart, the bullion is trading at the neckline of an inverse head and shoulders chart …
Read More »Australian Dollar Teases a Head and Shoulders
0.0 00 Looking at the Australian dollar (AUD) on the above hourly AUD/USD MT 4 price chart, this Forex market has is trading near the upside barrier in play at 0.7592. There is also an inverse …
Read More »British Pound stays in Control over the Dollar
0.0 00 Looking at the British pound on the above daily GBP/USD MT price action chart, also known as the Cable, has hit an intraday low, during the early Asian trade session at 1.3436. With that …
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