0.0 00 After the core U.S. consumer price index (CPI) for the month of July fell less than expected, the U.S. dollar fell sharply lower against the Japanese yen. The benchmark USD/JPY currency exchange rate fell …
Read More »Australian Dollar Looks to Extend Gains
0.0 00 The commodity linked Australian dollar saw a weekly recovery against the U.S. dollar fall short. The benchmark AUD/USD currency exchange rate saw gains capped by a bearish sloping twenty (20) day simple moving average …
Read More »Euro falls Sharply after the July U.S. NFP Jobs Report
0.0 00 On Friday, the euro currency fell sharply lower against the U.S. dollar after better than expected labor data out of the United States. The EUR/USD currency exchange rate is looking ready to challenge the …
Read More »Australian Dollar falls against Stronger Greenback
0.0 00 The Australian dollar fell on Friday after better than expected U.S. jobs numbers. The U.S. currency was broadly stronger which sent the benchmark AUD/USD currency exchange rate lower. The economic calendar is quiet on …
Read More »British continues Gaining against the Dollar
0.0 00 The British pound made some nice headway against the U.S. dollar last week. However, the GBP/USD currency exchange rate was unable to conquer the 61.8 percent Fibonacci level from 1 June to 20 July …
Read More »Euro Currency Corrects Higher against the Dollar
0.0 00 The euro currency corrected higher last week. The rise being seen with the EUR/USD Forex market seems more of a correction than a broad move higher. There is little substance to back this current …
Read More »Spot Gold Remains below the 200 Day SMA
0.0 00 Overall, the popular spot gold futures contract for front month delivery looks bearish while below the two hundred (200) day simple moving average. After four weekly losses, the yellow metal is consolidating near the …
Read More »Euro Currency is Retracing Gains from 1.1975
0.0 00 The euro currency is looking to complete retracing its gains lower against the U.S. dollar. The EUR/USD Forex market looks ready to challenge the downside support level and one hundred percent Fibonacci level at …
Read More »British Pound Trades in a Broad Range
0.0 00 The British pound remains within a broad range against the U.S. dollar. However, the GBP/USD currency exchange rate remains pressured to the downside as Forex traders worry about rising price pressures and the spread …
Read More »Spot Gold Daily Chart Forms Golden Cross
0.0 00 Looking at the popular spot gold futures contract, price action is seeing a “golden cross” forming. This happens when the fifty (50) and two hundred day simple moving averages (SMA) cross. More specifically when …
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