Gold Analysis: Trades Sideways
The yellow metal has continued to trade almost flat. However, it has started to do so in a...
USD/JPY Analysis: Passes Support Levels
On Friday morning, the USD/JPY currency exchange rate passed the support levels near 104.20. Due to that reason,...
GBP/USD Analysis: Breaks Pattern
The resistance zone of 1.3380/1.3400 continued to hold on Thursday and Friday. The resistance caused a breaking of...
EUR/USD Analysis: Is Pushed By 55-Hour SMA
The common European currency has found support in the 55-hour simple moving average, which has been pushing the...
EUR/USD Outlook: A Low Is Formed Near 1.1885 And The Pair Is Currently Rising
The Euro remained in a positive zone above the 1.1880 pivot level against the US Dollar. The EUR/USD...
NZD/USD Analysis: Breaks 0.7014 Level
The New Zealand Dollar consolidated against the US Dollar below the weekly resistance level at 0.7014 on Thursday....
USD/CAD Analysis: Could Exceed 1.3040 Level
The US Dollar surged by 33 pips or 0.26% against the Canadian Dollar on Thursday. The currency pair...
Gold’s Decline Stalls Near 1800
The precious metal is consolidating into a sideways range after falling below the 1817.80 level of support. On...
Dollar Index Springs to Life Around Critical Floor
The US Dollar index (December) is nearing the capping mid-Bollinger band at 92.15, after improving slightly from the...
Interesting Pattern on GBP/CAD Points Lower
GBPCAD can be trading in a big triangle correction, visible on the weekly time frame, however in this...
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