0.0 00 Looking at the U.S. West Texas Intermediate (WTI) crude oil futures contract, crude remains in a steady upwards price trend. The U.S. contract has found strength to climb comfortably above some key layers of …
Read More »Spot Gold Trades Below the 20 Day SMA
0.0 00 The widely traded spot gold futures contract, closed last week below the short-term twenty day simple moving average. Gold remains above the fifty, one hundred and two hundred (50, 100, 200) daily simple moving …
Read More »Euro Tries to Correct Higher against the British Pound
0.0 00 The euro currency is on the back foot against the British pound trading around 0.8590 as we head into the weekend. The EUR/GBP currency exchange rate saw its biggest daily sell off in two …
Read More »Euro Catches its Breath around 1.2180
0.0 00 The euro currency is trading sideways around 1.2180 against the U.S. dollar as Forex traders start the last trading day before the weekend. On Thursday, the EUR/USD currency exchange rate was under pressure and …
Read More »Euro Range Trades against the Japanese Yen
0.0 00 The euro currency is trading quietly today throughout the Forex universe. The single currency is currently range bound against the safe haven Japanese yen. Forex traders are waiting on the European Central Bank (ECB). …
Read More »Spot Silver is Under Heavy Selling Pressure
0.0 00 The spot silver futures contract remains under heavy selling pressure headed into Thursday. Silver is trading near $27.70 per ounce. For now price action remains well within the bearish chart formation. This is the …
Read More »Euro Currency comes Under Pressure against the Dollar
0.0 00 The euro currency is under pressure against the U.S. dollar. The benchmark EUR/USD currency exchange rate is trading near 1.2150 after breaking two days in a row of gains. The above daily EUR/USD MT …
Read More »WTI Crude Oil Trades around a 32 Month High
0.0 00 Looking at the popular U.S. West Texas Intermediate (WTI) crude oil futures contract, prices have caught a bid and started moving higher. Price action is trading back above $70 per barrel after trading sideways …
Read More »British Pound Fails to Break above 1.42 Again
0.0 00 The British pound is still trading below 1.42. The benchmark GBP/USD currency exchange rate has failed to break above this key level and is currently trading around and just below 1.4180. This benchmark Forex …
Read More »Australian Dollar Edges higher against the Yen
0.0 00 The Australian dollar has edged higher against the Japanese yen during the Asian trade session on Tuesday. The AUD/JPY currency exchange rate looks constructive to challenge a descending trend line as it consolidates in …
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