WTI Oil Futures Overbought after Capturing One-Month High
WTI oil futures for January delivery closed above the 200-period moving average (SMA) on the four-hour chart on...
USD/JPY Outlook: Double Bear-Cross Maintains Pressure For Renewed Test Of 108.29 Fibo Support
The pair eases on Friday after double-Doji with the upside being capped by converged 10/20/30DMA’s. Fresh weakness comes...
XAU/USD Tested Medium-Term Channel
On Thursday, the XAU/USD exchange rate declined to the lower boundary of the medium-term ascending channel at 1,465.00....
USD/JPY Could Decline
Yesterday, the US Dollar consolidated against the Japanese Yen at 108.60. During Friday morning, the USD/JPY currency pair...
EUR/USD Outlook: The Downside Remains At Risk As Long As Daily Kijun-Sen Caps
The Euro advanced in early European trading on Friday, boosted by better than expected German data (GDP Q3...
USD Index Can See Further Bearish Developments
Similar to EURUSD, USD index has also been trading within a correction as part of a trend, however...
EUR/USD Trades Near 1.1090
On Wednesday, the EUR/USD currency pair tested the resistance level formed by the weekly R1 at 1.1078. During...
Gold Volatile Due To Trade Narrative
The precious metal was trading volatile on Wednesday. The trade talks, which seem to have stalled now, raise...
NZDJPY Consolidates Around Sturdy 50.0% Fibonacci Which Denies Advances
NZDJPY is in the process of pushing above the 69.75 restrictive level – which is the 50.0% Fibonacci...
GBPCAD Breaches Key Resistance in Effort to Maintain Bullish Picture
GBPCAD is pushing above a key resistance of 1.7133 from the swing high from May 29. The ascent,...
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