0.0 00 Looking at the euro currency (EUR) on the above daily MT 4 EUR/JPY price action chart, this Forex market formed a Doji candlestick pattern as price action was rejected at the falling trend line …
Read More »British Pound is Stuck between the 100 and 200 HMA
0.0 00 Looking at the British pound (GBP) on the above GBP/USD four (4) hour MT 4 chart, the Cable is trading between the one hundred (100) hourly and two hundred (200) hourly simple moving averages …
Read More »Dollar Trades around the 200 Hour SMA against the Franc
0.0 00 Looking at the U.S. dollar (USD) in the benchmark USD/CHF currency exchange rate and four hour MT 4 four hour price chart, this Forex market is trading quietly at the two hundred (200) hourly …
Read More »Silver Loses Ground as Sentiment Shifts
0.0 00 Looking at the spot silver futures contract and above daily MT 4 chart, the spot contract is starting to pick up bids near $23.30 per ounce during the early Asian trade session on Wednesday. …
Read More »Australian Dollar Turns South against the Yen
0.0 00 Looking at the Australian dollar (AUD) on the above daily AUD/JPY MT 4 chart, this currency market fell 1.16 percent yesterday. This was its largest percentage loss since 11 June as a bearish engulfing …
Read More »Euro is Trading at the 200 Hour Simple Moving Average
0.0 00 Looking at the euro currency (EUR) on the above four (4) hour EUR/USD price action chart, the single currency is running out of steam near the two hundred (200) simple hourly moving average (HMA). …
Read More »Dollar Loses Steam against the Canadian Currency
0.0 00 Looking at the U.S. dollar (USD) on the above USD/CAD four hour (4) MT chart, risk sentiment improved after news that the American President had been released from the hospital. This sent this currency …
Read More »Gold Notes Stiff Resistance at $1,920.40 per Ounce
0.0 00 Looking at the widely traded spot gold futures contract and above weekly MT 4 chart, traders are noting a stiff layer of resistance in play at the September 2011 high price point at $1,920.40 …
Read More »British Pound Capped by 1.30 towards the Upside
0.0 00 Looking at the British pound on the above GBP/USD MT 4 hour chart, the technical upside barrier lining up at 1.30 is key as this benchmark Forex market has formed a bearish flag char …
Read More »Euro Fails to Break above 1.1750 Several Times
0.0 00 Looking at the world’s most liquid currency exchange rate, the EUR/USD, on the above four (4) hour M 4 chart, the euro currency (EUR) remains pressure against the U.S. dollar. Forex traders are still …
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