AUDJPY Stabilizes Near 6-Month Low; Outlook Still Negative
AUDJPY touched a 6-month low of 73.90 last week, with price action taking place below both the 50-...
Dollar Index Futures Scope for Further Losses but Short-term Downside Softer
The position in the US dollar index futures is on the back foot for the fourth consecutive day...
Market Morning Briefing: Euro-Yen Has Bounced Well From 121
STOCKS Asians are trading lower on increasing concerns/uncertainty over the US-Iran conflict. On the one hand, the US...
Silver Pulls Back from 3-Month High
Silver reversed to the downside early on Friday but the 20-period simple moving average (SMA) in the four-hour...
EURUSD Still Bullish Above 1.1290
The euro continues to trade above the 1.1300 level against the US dollar, with the single currency receiving...
USDJPY Now Oversold
The US dollar has found technical support from the 107.00 level against the Japanese yen, following a major...
AUDUSD Capped Below 200-SMA
The 200-period simple moving average (SMA) in the four-hour chart seems to be a hurdle for the AUDUSD...
EUR/USD Could Extend Gains
The EUR/USD currency pair has been trying to surpass the resistance level formed by the weekly R1 at...
GBP/USD Likely To Reverse South
During the previous trading session, the GBP/USD exchange rate tried to breach the medium-term descending channel north. From...
XAU/USD Should Go Downside
During Thursday, the XAU/USD exchange rate reached the 1,390.00 level. During today’s morning, the rate reversed south from...
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