GBP/USD Tests Resistance Level
Yesterday, the GBP/USD exchange rate dropped to the 1.2550 level. During Friday morning, the rate was testing the...
EUR/USD Revealed Short-Term Channel
On Thursday, the EUR/USD currency pair revealed a short-term ascending channel. During today’s morning, the pair reversed north...
Market Morning Briefing: Dollar Index Has Bounced Back From 95.72
STOCKS As we have been cautioning over the last few days the correction in the equity segment has...
Copper Futures Give Up Some Gains; Positive Picture Stands
Copper futures retreated slightly from their freshly plotted four-and-a-half month high of 2.6959. Confirming the bullish sentiment that...
USDCHF Set For A Painful Weekly Close, Enters Oversold Zone
USDCHF is set to close deep in the red sea this week following the sharp pullback off the...
Can Gold Price Overcome This Hurdle To Continue Higher?
Key Highlights Gold price started a fresh increase from the $1,670 support. A key bearish trend line is...
USD/JPY Outlook: Dollar Remains Under Heavy Pressure ahead of Fed
The pair extends steep fall into third consecutive day (so far down 2.1% since Monday’s opening) as traders...
GBP/USD Outlook: Cable Rises To New 3-Mth High, Firm Bullish Stance Above 200DMA
Cable hit new highest since 12 March (1.2786) in European trading on Wednesday after cracking important Fibo barrier...
USD Continues To Slide, USD/CHF Update
The US Dollar was bearish against most of its major pairs on Tuesday with the exception of the...
USDCAD Rebounds on 3-Month Low, Surpassing 20-Period SMA
USDCAD has been in declining movement over the last month but is currently trading above the three-month low...
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