EUR/USD Is Supported By 55-Hour SMA
During Thursday’s trading session, the European Single Currency was supported by the 55-hour simple moving average to keep...
GBP/USD Surges To R2 At 1.3355
During Thursday’s trading session, the British Pound traded sideways to stay at 1.3200. On Friday morning, the rate...
USD/JPY Might Reach R1 At 111.95
During Thursday’s trading session, the currency exchange rate was supported by the 200-hour simple moving average to end...
XAU/USD Will Surge To 1,300.00
During Thursday’s trading session, the yellow metal passed the 55-hour and the 100-hour simple moving averages to end...
Gold Correction Continues On Trade Optimism
Despite the reversal seen near $1312 on Wednesday, prices head back up. Chinese data supported the bearish move...
GBPUSD Falls Despite Article 50 Extension
With parliament supporting an extension of the Brexit date, market participants expected to see prices reacting positively to...
EURUSD Retreats From 10-day High
Following a 3-day streak, eurodollar finally saw a rejection at $1.1340. German inflation CPI data added a negative...
Gold To Continue Consolidation In Short Term
Gold is trying to recover Thursday’s losses, which emerged after a failure to surpass the 20-day moving average...
Elliott Wave View: Nasdaq Correction In Progress
Rally in Nasdaq (NQ_F) from December 26, 2018 low remains in progress as an impulse Elliott Wave structure....
GBPAUD Hits 1.88 after 2 ½-Years; Gains Could be Limited in Short Term
GBPAUD entered the 1.88 zone twice this week after more than 2 ½-years but the market was unable...
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