0.0 00 Looking at the widely traded spot gold futures contract, the price of the yellow metal is back below $1,765 per ounce. Price action is moving lower on Friday thanks to a stronger dollar. The …
Read More »Euro Currency Fails to Break above 1.20 Again
0.0 00 Looking at the benchmark EUR/USD currency exchange rate, the euro currency has put in a bearish spinning top candlestick formation below the key upside barrier in play at 1.20. During the morning Asian trade …
Read More »Euro Currency edges Higher against the British Pound
0.0 00 Looking at the headline EUR/GBP currency exchange rate, the euro currency has recovered from an earlier dip to the congestion zone at 0.8670 to 0.8675. The EUR/GBP Forex market is trading near the top …
Read More »Dollar Moves Lower as Oil Prices Support the Loonie
0.0 00 The U.S. dollar did manage to see some gains against the Canadian currency as Treasury yields moved higher. However, the USD/CAD currency exchange rate is still trading near a three week low price point …
Read More »Spot Gold Consolidates around $1,745 per Ounce
0.0 00 Price action with the widely traded spot gold futures contract is trading around $1,745 per ounce during Wednesday’s Asian trade session. Overnight, during the North American trade session, gold hit its weekly high price …
Read More »British Pound Looks to Extend the recovery above 1.3670
0.0 00 The British pound is extending its recovery against the U.S. dollar as price action challenges 1.3760 during the early Asian trade session. As a result, the benchmark GBP/USD currency exchange rate is staying within …
Read More »Euro Gains some Traction around 1.19
0.0 00 Looking at the headline EUR/USD currency exchange rate, the euro currency is moving higher from the downside barrier in play at 1.19. The EUR/USD Forex market started the week below this former upside barrier …
Read More »WTI Crude Oil Trades within a Symmetrical Triangle
0.0 00 U.S. West Texas Intermediate (WTI) Crude oil is still looking weak as we head into Tuesday. Price action appear subdued within a symmetrical triangle on the above four hour MT 4 price action chart. …
Read More »British Pound Trades above the Key Level at 1.3670
0.0 00 Looking at the benchmark GBP/USD currency exchange rate, the British pound is still trading above the key downside barrier in play at 1.3670. This is the low price point for March and a double …
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 …
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