0.0 00 The U.S. dollar has gotten a boost from the monetary policy statement from the overnight decision from the Federal Reserve Board. Looking at the benchmark USD/JPY currency exchange rate price action, during the Asian …
Read More »Spot Gold Moves Higher after the FOMC Decision
0.0 00 Looking at the widely traded spot gold futures contract on the above one hour MT 4 price action chart, gold prices have spike higher. This futures contract is consolidating gains above $1,750 per ounce …
Read More »Euro Currency Moves Lower against the US Dollar
0.0 00 Looking at the benchmark EUR/USD currency exchange rate, the euro currency is on the defensive against the U.S. dollar as price action has dipped below 1.19 during the early Asian trade session. Forex traders …
Read More »Spot Silver Trades Below the 50 Day SMA
0.0 00 Looking at the spot silver futures contract, price action has seen an intra-day low of $25.75 per ounce during the early Asian trade session. Right now price is trading around $25.85 per ounce. Also …
Read More »WTI Crude Oil Remains above the 200 Hour SMA
0.0 00 Looking at the benchmark U.S. West Texas Intermediate (WTI) crude oil futures contract, oil remains supported above the two hundred (200) hour simple moving average as price consolidate below $65 per barrel around $64.60 …
Read More »Dollar Trades Near the February 2018 Low Price
0.0 00 Looking at the benchmark USD/CAD currency exchange rate, the U.S. dollar is trading sideways around 1.2477. The bears are taking a break after the USD/CAD fell sharply lower. This Forex market, on Monday, hit …
Read More »British Pound Remains in the Rising Trend Channel
0.0 00 Looking at the benchmark GBP/USD currency exchange rate and above daily MT 4 price action chart, the British pound is still trading in the rising trend channel against the U.S. dollar. However, the U.S. …
Read More »Dollar Rides Yields Higher against the Yen
0.0 00 On Friday the dollar closed above 109.35 yen as the benchmark USD/JPY currency exchange rate spiked north. This Forex market has been recovering over the last few weeks. It rose 1.7 percent one week, …
Read More »Euro Currency Sees Tough Upside Resistance at 1.1990
0.0 00 The euro currency, overnight during the North America trade session challenged the upside barrier lining up at 1.1990. This is key upside barrier because it retraces the recent selloff from the 25 February high …
Read More »Spot Gold Remains Capped by $1,740 per Ounce
0.0 00 Looking at the widely traded spot gold futures contract, on the above hourly MT 4 price chart, gold is trading lower from the intra-session low of $1,726 per ounce. The yellow metal has stiff …
Read More »