WTI Oil Outlook: Bulls May Correct Further After Initial Failure At Psychological $60 Barrier
WTI oil stands at the back foot on Friday and eases to $59.30 after bulls ran out of...
GBPJPY Loses Ground, Neutral In Near Term
GBPJPY had another bearish start on Friday, with the price breaking the crucial 23.6% Fibonacci retracement level of...
EURGBP Runs To 1-Month Highs, Tests Upper Bollinger Band
EURGBP pierced the 50-day moving average and a key support and resistance area around 0.8690 on Thursday to...
EUR/JPY Declines After German Data Release
Downside risks have continued to dominate the single European currency against the Japanese Yen since yesterday’s trading session....
AUD/USD Finds Support At 0.7090
Downside risk dominated the Australian Dollar against the US Dollar on Thursday. The Aussie depreciated about 1.07% in...
USD/CAD Moving Towards Target
Upside risks dominated USD/CAD on Thursday. The currency pair bounced off a support level formed by the weekly...
NZD/USD Decline Likely To Continue
The New Zealand Dollar depreciated about 78 base points against the US Dollar on Thursday. The decline was...
AUD/USD Outlook: Aussie Extends Weakness After Bulls Were Strongly Rejected
The Aussie dollar remains in red on Friday and cracks significant technical support at 0.7095 (converged 10/20SMA’s, following...
EUR/USD Analysis: Trades Sideways
During Thursday’s trading session, the European Single Currency passed the support levels of the 55-hour and the 100-hour...
GBP/USD Analysis: Highly Volatiles
During Thursday’s trading session, the currency exchange rate dropped by 107 pips or 0.81% to reach the weekly...
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