0.0 00 Looking at the euro currency (EUR) on the above EUR/USD daily MT 4 chart, the euro has recovered off a monthly low price point. The EUR/USD Forex market is still trading above the two …
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 »Gold Futures Spot Contract Look for a Direction
0.0 00 The spot gold futures contract has been in consolation mode over the last month. Federal Reserve commentary also did not inspire traders to take action one way or the other last week. Looking at …
Read More »Euro Looks for Direction around the 20 Day SMA
0.0 00 Looking at the headline EUR/USD currency exchange rate and above daily MT 4 chart, the euro currency (EUR) is trading near where it began the month of September and around the short term twenty …
Read More »British Pounds Sinks on Brexit Drama
0.0 00 Looking at the headline GBP/USD currency exchange rate and above daily MT 4 chart, the British pound (GBP) is on the defensive against the almighty U.S. dollar. Forex traders are reacting to escalating tensions …
Read More »Euro Looks in Good Shape against the USD
0.0 00 Looking at the above EUR/USD daily MT 4 chart, the euro currency (EUR) managed to finish the week fairly unchanged against the U.S. dollar (USD). Last week, currency traders reacted to market sentiment over …
Read More »British Pound Positioned to take a Fall Lower
0.0 00 Looking at the British pound (GBP) on the above daily GBP/USD daily MT 4 chart, the sellers are trying to enter this Forex market as there are some overbought signals with the technical indicators. …
Read More »Japanese Yen looks Vulnerable as Week Starts
0.0 00 Looking at the headline USD/JPY currency exchange rate, the Japanese yen (JPY) has depreciated against the U.S. dollar (USD). The yen is trading below the fifty day moving average as well as below the …
Read More »Japanese Yen continues to Look for Direction
0.0 00 Looking at the headline USD/JPY currency exchange rate and above daily MT 4 chart, the Japanese yen (JPY) remains trading within the same broad range against the U.S. dollar (USD). While the greenback remains …
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