EUR/USD Outlook: Near-Term Bias Remains Negative Below Broken Neckline
The Euro weakened on Monday, remaining at the back foot, despite strong rally on Friday (up 0.89% for...
Gold Fails To Increase Buying Interest, Holds In Descending Channel
Gold has been holding in a bearish sloping channel over the last six months, developing beneath the simple...
GBPUSD Restores Positive Tone; Bullish in Near-Term
GBPUSD is currently stepping above the 50-period simple moving average (SMA) at 1.3686 after the price was violently...
WTI Oil Outlook: Improved Sentiment Lifts Oil Price To One-Year High
WTI oil cracked $57 barrier and hit new one-year high on Friday, lifted by hopes that economic recovery...
EUR/USD Outlook: Technical Studies Point To Further Weakness But US Jobs Data Likely To Be The Key Driver
Spot gold is consolidating above new two-month low ($1785) posted on Thursday after 2.2% daily drop (the biggest...
GBP/USD Trades At 1.3700
During Friday morning hours, the GBP/USD exchange rate pierced the weekly PP at 1.3694. It is likely that...
USD/JPY Tests 105.60 Level
Since today’s early morning hours, the USD/JPY currency pair has been testing the 105.60 level. It is unlikely...
XAU/USD Could Decline In Short Term
Yesterday, the XAU/USD exchange rate declined to the 1,790.00 level. It is likely that some downside potential could...
LTCUSD Correction Over
Litecoin appears to be looking more bullish in the short-term, following a short-lived technical correction towards the $140.00...
BTCUSD Holds Support
Bitcoin is starting to look ready to rally once again after bulls were able to defend key technical...
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