WTI Oil Outlook: Oil Prices Rise on Reduced Output by Tropical Storms
WTI Oil Outlook: Oil prices rise on reduced output by tropical storms / trade optimism but struggle again...
EURCHF Underperforms Below 200-SMA; Neutral Bias
EURCHF has been underperforming, breaking back below the key 200-period simple moving average (SMA) in the 4-hour chart....
GBP/USD At Risk Of Sharp Decline Below 1.3000
Key Highlights GBP/USD failed to clear the 1.3260 resistance and declined below 1.3150. A key bullish trend line...
WTI Oil Outlook: Formation of Golden Cross May Underpin for Renewed Attack at Key $43.05 Barrier
Monday’s action was so far without clear direction, as WTI price initially rose, dragged by advance of riskier...
Euro Quietly Growing
The major currency pair is pretty quiet early in a new August week and trading around 1.1820. Investors,...
Market Morning Briefing: Pound Has Not Been Able To Break Above 1.3265
STOCKS Dow is inching higher and may attempt to breach 28000. It will have to be seen if...
EUR/USD Outlook: Fresh Bearish Extension Increases Downside Risk
Strong bearish acceleration in European session on Friday was sparked by downbeat PMI data of the eurozone the...
USD Index Outlook: Dollar Regains Traction But More Action Higher Needed To Signal Stronger Correction
The dollar regained traction on Friday and cracks initial barriers at 93.16/22 zone (20DMA / Thursday’s high /...
EUR/USD Trades Below Moving Averages
On Thursday, the EUR/USD currency pair traded between the 100– and 200-hout moving averages. During today’s morning, the...
GBP/USD Continues To Be Volatile
Yesterday, the GBP/USD exchange rate raised to the weekly R2 at 1.3216. During Friday morning, the rate drop...
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