Gold Maintains Positive Structure Despite Negative Pressures
Gold appears to be breaching the 1,678 level, that being the 23.6% Fibonacci retracement of the up leg...
NZD/USD Dilemma: Lockdown Lift And Dampened Commodity Sentiment
NZD/USD does not seems to be benefiting from New Zealand’s planned lockdown lift and upbeat CPI data… Yesterday...
GBP/USD Outlook: Cable Eases on Monday but Remains Within Three-Day Range and Without Clear Near-Term Direction
Cable edged lower on Monday, pressured by rising coronavirus death toll and no signs of any easing of...
EUR/USD Facing Uphill Task Near 1.0950
Key Highlights EUR/USD failed to break 1.1000 and declined below 1.0900. A crucial resistance is forming with resistance...
USD/CAD Trades Inside a Classic Technical Pattern
The US Dollar was bearish against all of its major pairs on Friday. On the U.S. economic data...
Gold’s Safe-Haven Appeal Fades on Signals of US Economy Gradual Restart
Spot gold extended pullback from new multi-year high ($1747) on Friday to initial support at $1683, marked by...
GBPUSD Uptrend Runs Out of Steam above 61.8% Fibonacci
GBPUSD is struggling to recapture positive momentum after its rebound from the 35-year low of 1.1410 ran out...
GBP/USD Outlook: Cable Stands At The Back Foot But Bears Need Confirmation On Close Below 10DMA
Cable fell to new one-week low at 1.2406 on Friday after attempts above 1.25 barrier stalled at 1.2522....
GBPJPY’s Appreciation Finds Some Footing From SMAs, Indicators Seem Weak
GBPJPY is turning slightly lower over the last few days touching the 40-day simple moving average (SMA) and...
EUR/USD Declined To Weekly S1
On Thursday, the EUR/USD currency pair tested the support level – the weekly S1 at 1.0823. During today’s...
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