0.0 00 The euro currency is looking tired against the U.S. dollar as a new trade week and month begin. The EUR/USD currency exchange rate is trading below the short-term twenty (20) day simple moving average …
Read More »Australian Dollar Loses Steam against the Greenback
0.0 00 Looking at the commodity and sentiment linked AUD/USD currency exchange rate, the Australian dollar appears to be running out of steam against the U.S. dollar. This is in despite a bullish short-term twenty (20) …
Read More »Spot Gold Gains as Treasury Yields Fall
0.0 00 The widely traded and popular spot gold futures contract got a nice boost at the end of last week, as noted on the above daily MT 4 price action chart. This was thanks to …
Read More »British Pound Trades above Key Support at 1.3670
0.0 00 Looking at the benchmark GBP/USD currency exchange rate, the British pound is setting up, on the above daily MT 4 price chart, a series of lower highs. The British pound is also trading above …
Read More »Australian Dollar Trades below the 100 Day SMA
0.0 00 Looking at the weekly price action forecast for the AUD/USD currency exchange rate, the Australian dollar is at risk of seeing more losses this week. However, there would need to be a daily close …
Read More »Dollar Benefits from Higher Treasury Yields and Data
0.0 00 Looking at the benchmark USD/JPY currency exchange rate, the U.S. dollar remains in the driver’s seat over the Japanese yen. The improving situation in the United States with the coronavirus pandemic and added fiscal …
Read More »Spot Gold Recovers from 3 Week Low Price Point
0.0 00 Looking at the widely traded spot gold futures contract on the above daily MT 4 price action chart, the yellow metal has seen a recovery from the three week low price point of $1,678 …
Read More »British Pound Falls Below Rising Trend Channel
0.0 00 Looking at the widely traded GBP/USD currency exchange rate, the British pound remains on the defensive against the U.S. dollar (USD). The GBP/USD Forex market, as seen on the above daily MT 4 price …
Read More »Dollar Gains Ground as Treasury Yields Rise
0.0 00 Looking at the U.S. dollar against the Japanese yen, the greenback has been inching higher. The USD/JPY Forex market has found support from rising Treasury yields as well as worsening coronavirus pandemic conditions in …
Read More »Spot Gold Looks Indecisive as the Week Begins
0.0 00 Last week, the widely traded spot gold futures contract, saw some wild price swings. However, key support and upside barrier from last week remain in play this week. The spot contract will remain influenced …
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