0.0 00 Today is Good Friday so most of the European financial markets will be closed for the holiday. The GBP/USD currency exchange rate, is seeing the sentiment linked British pound drift a bit higher against …
Read More »Spot Silver Breaks above a Short Term Trend Line
0.0 00 Looking at the spot silver futures contract on the above four (4) hour MT 4 price action chart, the white metal has broken above a short term resistance line, which is now a downside …
Read More »Euro Currency Whipsaws around 1.1725 vs the Dollar
0.0 00 Looking at the benchmark EUR/USD Forex market, the euro currency is trading around either side of 1.1725 against the almighty greenback. This Forex market has been unable to maintain yesterday’s corrective bounce higher. Forex …
Read More »Euro Currency Trades below the 0.8530 to 0.8538 Zone
0.0 00 Overall, the sentiment linked euro currency is on the defensive in the Forex universe. The British pound also seems to be in favor against the single currency as the EUR/GBP currency exchange rate inches …
Read More »Dollar continues to Catch a Bid against the Loonie
0.0 00 Looking at the USD/CAD currency exchange rate on the above hourly MT 4 price action chart, the U.S. dollar continues to catch as bid as price action recovers from 1.2580. The USD/CAD is trading …
Read More »Spot Gold continues to inch Lower as thanks to the USD
0.0 00 Looking at the widely traded spot gold futures contract on the above daily MT 4 chart, the bullion is trading lower and below $1,685 per ounce during the morning Asian trade session. Price action …
Read More »Euro Remains on the Defensive against the USD
0.0 00 Looking at the headline EUR/USD currency exchange rate on the above four hour MT 4 price action chart, the euro currency is still on the overall defensive against the safe haven U.S. dollar. During …
Read More »Australian Dollar Finds Support at the 100 Day SMA
0.0 00 Looking at the sentiment linked and commodity Forex pair, the AUD/USD, the Australian dollar has found some support at the one hundred day (100) simple moving average near 0.7642. During the early Asian trade …
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 …
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