Forex Marketz Daily Forex News – Fully Markets Update

0.0 00 The British pound is trading around the 23.6 percent Fibonacci level at 1.3740 as a new month begins during the Asian trade session on Wednesday. Price action in the GBP/USD currency exchange rate is …

0.0 00 The popular U.S. West Texas Intermediate (WTI) crude oil futures contract has been under selling press since the beginning of a descending trend channel from the high price of $76.40 per barrel set on …

0.0 00 The widely traded spot gold futures contract spiked higher on Friday. This upswing followed hawkish commentary from Federal Reserve Chair Jerome Powell at the Federal Reserve’s annual Jackson Hole economic symposium. Mr. Powell said …

0.0 00 The euro currency spiked high on Friday against the U.S. dollar. However, this gain could be corrective for the EUR/USD Forex market. The twenty day simple moving average looks a bit bearish in slope …

0.0 00 The sentiment linked British pound is on the back foot against the almighty U.S. dollar. The benchmark GBP/USD currency exchange rate has broken below 1.3725 and is below the fifty, one hundred and two …

0.0 00 The euro currency is trading quietly just under the short-term twenty (20) day simple moving average vs the U.S. dollar headed into Thursday. The benchmark EUR/USD currency exchange rate has seen four day of …

0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract, the price of the black gold found upside technical resistance at the 20 day simple moving average and inched lower. This comes …

0.0 00 The U.S. dollar broke towards the downside and lower from its trading range with the Swiss franc. The benchmark USD/CHF currency exchange rate broke lower but has found some support at the fifty (50) …

0.0 00 Looking at the popular and widely traded spot gold futures contract, the yellow metal saw gains last week despite a stronger U.S. dollar. On Wednesday, the bullion was trading near $1,800 per ounce before …

0.0 00 Looking at the GBP/USD currency exchange rate, the British pound remains under pressure against the almighty U.S. dollar. Price action is also below the two hundred (200) day simple moving average as we head …