0.0 00 The Australian dollar has found a bid against the U.S. dollar. The AUD/USD currency exchange rate looks to extend recent gains as the greenback remains broadly weaker. Price action is finding resistance at the …
Read More »Gold Falls Below the 200 and 100 Day Moving Averages
0.0 00 The spot gold futures contract saw a bit of a tumble on Friday. Price action fell below the two hundred (200) day simple moving average. The spot contract is also trading below the one …
Read More »Euro Currency Shoots Higher against the US Dollar
0.0 00 The euro currency has jumped higher against the almighty U.S. dollar. As trading begins on Friday, the EUR/USD currency exchange rate is meeting some resistance near the fifty (50) percent Fibonacci level as upside …
Read More »Silver Looks to Extend Wednesday’s Losses
0.0 00 The spot silver futures contract is trading between $23.95 and $24 per ounce as the Thursday trade session begins. The spot contract has already refreshed daily low price points as the white metal looks …
Read More »British Pound Picks up a Bid against the Japanese Yen
0.0 00 The British pound continues to pick up some bids against the safe haven Japanese yen. The benchmark GBP/JPY currency exchange rate is trading quietly around 157 yen ahead of Thursday’s Bank of Japan and …
Read More »British Pound Loses Steam and Falls Towards 1.3765
0.0 00 The British pound has fallen lower against the U.S. dollar after ending a two day downtrend. The headline GBP/USD currency exchange rate has fallen towards 1.3765 after bouncing off the three month old former …
Read More »Euro Currency Consolidates Indecisive Gains
0.0 00 The euro currency is trading between two Fibonacci levels with the 23.6 percent Fibonacci level acting as support. Also, the EUR/USD Forex market is trading above the twenty (20) day simple moving average and …
Read More »Gold Looks Indecisive below $1,800 per Ounce
0.0 00 The popular spot gold futures contract has been on a bit of a ride as has the U.S. dollar. The spot contract saw solid gains last Wednesday before consolidating gains. Then the yellow metal …
Read More »British Pound Wobbles around 1.38 before Data
0.0 00 The British pound is wobbling around 1.38 against the U.S. dollar. Forex traders are waiting on key UK retail sales data as well as purchasing managers’ indices from the United Kingdom and United States. …
Read More »Crude Oil Soars Higher on Supply Weakness
0.0 00 The U.S. West Texas Intermediate (WTI) crude oil futures contract is headed into Thursday trading around $83.50 per barrel. This is the highest price level since October 2014. The WTI contract has been climbing …
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