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 »Dollar Remains in Control of the Japanese Yen
0.0 00 The dollar remains in bullish over the Japanese yen. Since the benchmark USD/JPY currency exchange rate opened at 109.22 yen on 22 September, the greenback has climbed 4.68 percent. Last week, this Forex marked …
Read More »Gold Trades below $1,800 per ounce as Dollar Recovers
0.0 00 Last week, the popular spot gold futures contract started off calm over the first two trading days. The spot contract was trading in a narrow range above $1,750 per ounce. Then the yellow bullion …
Read More »British pound Trades below a Key Falling Trend Line
0.0 00 The British pound remains below a falling trend line as well as below the fifty, one hundred and two hundred (50, 100, 200) day simple moving averages. The benchmark GBP/USD Forex market has been …
Read More »Euro Currency Remains well below 1.16 against the Dollar
0.0 00 On Friday, the euro currency ticked higher on weak monthly U.S. labor data. However, the benchmark EUR/USD currency exchange rate was not able to fully take advantage of a broadly weaker U.S. dollar and …
Read More »Gold falls as the US Dollar Strengthens
0.0 00 A stronger U.S. dollar has sent the spot gold futures contract lower. The yellow metal is trading well below the key fifty, one hundred and two hundred (50, 100, 200) day simple moving averages …
Read More »British Pound Remains under Selling Pressure
0.0 00 The British pound has been crushed by the U.S. dollar. The GBP/USD currency exchange rate has fallen out of a long term trade range, towards the downside. The so called death cross chart pattern …
Read More »Gold Loses Ground thanks to a Stronger US Dollar
0.0 00 The widely traded spot gold futures chart shows that the yellow metal remains on the defensive. The key simple moving averages look flat. However, the bullion is trading below all three simple moving averages …
Read More »Euro Currency Looks to Extend Losses this Week
0.0 00 The euro currency fell for the third week in a row against the U.S. dollar. The EUR/USD currency exchange rate is near a yearly low price point at 1.1663 but still above the key …
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