GBP/USD Pressured By 200-Hour SMA
During the previous trading session, the GBP/USD exchange rate tested the weekly PP at 1.2574. During today’s morning,...
USD/JPY Showing Signs Of Weakness Below 108.50
Key Highlights The US Dollar topped near 109.00 and recently declined against the Japanese Yen. USD/JPY traded below...
EURNZD Touches 200-Day SMA; Next Support at 1.68
EURNZD has been declining considerably since yesterday, after the bounce off the 23.6% Fibonacci retracement level of the...
WTI OIL Outlook: Fresh Bulls Extend Above Important Fibo Barrier At $60.47
WTI oil price hit the highest level since 23 May and establishing above psychological $60 barrier, in today’s...
USD/CHF Correcting Lower Before Fresh Increase
Key Highlights The US Dollar struggled to break the 0.9950 resistance against the Swiss Franc. There are many...
Loonie Falls after BoC but Unable to Clear initial Support
The Canadian dollar fell after BoC kep interest rate unchanged at 1.75% as expected but soured the sentiment...
EURJPY Rests Near 23.6% Fibonacci, Ascending Triangle Holds
EURJPY is testing the 23.6% Fibonacci region from the high on 126.80 to the low on 120.77, around...
Gold – Pares Gains on Dollar Rebound
The dollar is continuing to enjoy a post-jobs report bounce today, up around 0.2%, as Fed interest rate...
EURAUD Runs Towards 23.6% Fibo; Bullish Outlook
EURAUD finally reversed to the upside last Thursday after printing higher lows and higher highs in the preceding...
GBPUSD Flirts With 6-Month Low, Holds In Descending Channel
GBPUSD plunged to a six-month low of 1.2480 on Friday, continuing the strong sell-off from March 13. The...
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