USD/CHF 4H Chart: Decline To Continue
The US Dollar has declined by 2.94% against the Swiss Franc since December 1. The currency pair breached the lower line of a descending channel pattern at 0.8825 on December 8. All things being equal, the exchange rate could continue...
Oil Range Trades, Gold Rises Slightly
Oil’s range-trade continues With liquidity and volumes much reduced this week, oil continued to range trade overnight and through Asia, lacking the momentum to break one way or the other. Brent crude has risen 0.70% today to USD51.25 a barrel....
WTI Crude Oil Could Likely Form A Top
Oil prices maintained their bullish continuation with prices rising in early Monday trading. However, after rising to intraday highs of 48.94, the commodity gave back the gains, forming a lower high. If prices break down below the pivot lows of...
Dollar and Yen Weaken Again on Strong Risk-on Market
Dollar turns softer again in Asian session today as markets are back in full risk on mode. Following the record runs in US, Nikkei is also hitting new 30-year high. Yen is following as second weakest for now. However, risk...
China’s economy is still months away from a full recovery, business survey finds
Containers and trucks at the port of Qingdao, China on February 14, 2019. Reuters BEIJING — China has not fully recovered from the shock of the coronavirus pandemic, business leaders said in a survey by the China Beige Book released...
Bitcoin is on the Move – is 30K Next?
Bitcoin has started the week in positive territory, with gains of 3.0%. Currently, bitcoin is trading at USD27,043. Bitcoin punches past USD 29,000 The enthusiasm for bitcoin continued on the weekend, as the crypto punched above the USD 29,000 for the...
Silver Regains Bullish Desire with Bounce off 100-day SMA
Silver gapped higher, spiking above the 26.56 resistance today, continuing the recent traction the commodity found off the 100-day simple moving average (SMA). The climbing 200-day SMA is defending the positive structure, while the flattening 100-day SMA, is endorsing waning...
Sterling Retreats after Failing Breakout, Dollar Recovers
Global stock markets are lifted by US fiscal stimulus as well as Brexit trade deal. S&P 500 and NASDAQ are set to extend recent record runs, as indicated by futures. Though, the movements in the forex markets are relatively subdued....
BoJ Members Question Policy
The Japanese yen is flat in the Monday session. Currently, USD/JPY is trading at 103.61, down 0.04% on the day. BOJ to conduct policy review The BoJ has indicated that it will review its stimulus programme, but it is unclear...
Oil Remains Above $51 Per Barrel
Despite falling slowly, the oil price remains quite high on Monday, December 28th. Brent is trading at $51.16 – investors are back to the market after a Christmas break and fully prepared to respond to the external background. On one...
Signal2forex.com - Best Forex robots and signals




