EUR/USD Outlook: Bulls Lose Traction at Pivotal Fibo Barrier and Generate Initial Signs of Stall
Bulls started to lose steam on approach to 1.1900 barrier as the uptrend from 1.1745 struggles at 1.1878...
GBPJPY Holds Within Squeezed Bollinger Band, Lacks Direction
GBPJPY has been moving in a horizontal trajectory over the last week, failing to improve the rebound on...
Gold Price Approaching Next Key Break, Dollar Weakens
Key Highlights Gold price is trading above the $1,850 and $1,860 support levels. A major bullish trend line...
XAU/USD Remains Below 200-Hour SMA
Yesterday, the XAU/USD exchange rate touched the 1,870.00 level. During Tuesday morning, the rate was trading at 1,900.00....
USD/JPY Could Decline In Short Run
On Monday, the USD/JPY currency pair reversed south from the Fibo 23.60% at 105.03. During today’s morning, the...
GBPUSD: Bulls Expected to Remain Intact above Daily Cloud, but Initial Negative Signals Developing on Weekly Chart Require Caution
Attempts to extend last Friday’s 0.65 advance stalled on Monday, as jump to the session high (1.3241) was...
Currency Pair of the Week: USD/TRY
The Coronavirus is raging throughout the United States. The US is now consistently reporting over 150,000 new daily...
EUR/USD Outlook: Bulls Eye November’s High As Risk Sentiment On Vaccine Persists
The Euro extends recovery on Monday and hit one-week high, boosted by risk appetite on corona-virus vaccine and...
Dr. Copper Giving Clues about USD/CNH?
The price of cooper is said to be a sign of economic growth and weakness. Hence, it is...
GBP/USD Outlook: Cable Rebounds after 1.2% Drop, But On Track to End Week in Doji Candle
Cable rebounds on Friday, inflated by news of resignation of Dominic Cummings, British PM Boris Johnson’s most powerful...
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