Gold Storms to Fresh Lows as Negative Momentum Strengthens
Gold has been in a sustained downtrend after it failed to cross beyond the 1,857 region. Moreover, in...
USD/JPY Technical Analysis 29th June 2022
The US Dollar started a fresh increase from well below the 132.00 level against the Japanese Yen. The...
AUD/USD: Aussie Remains Capped by 10DMA, Keeping Bearish Bias
The Aussie dollar eases from one-week high on Tuesday after failing to benefit more from positive news that...
EURJPY Posts Double Top Near 7-Year High
EURJPY has posted a double top around the more-than-seven-year high of 144.25 over the last couple of weeks....
Crude Oil Is Consolidating
On Monday morning, the Brent price is balancing at $113 per barrel The commodity marker remains uncertain –...
CHFJPY – Taking Advantage of Weakening Yen
First time since 2007, SNB have increased their interest rate by 50 basis points. This occured as soon...
GBP/USD: Quiet and Directionless Phase Likely to Precede Fresh Weakness
Cable trades in a quiet and narrow-range mode in European session on Friday, with directionless action (long-legged Doji...
GBPJPY Bullish Trend Dims; 20-SMA in Focus
GBPJPY is mirroring fading buying interest as negative momentum escalated on Thursday, confirming a lower high at 167.82....
USDCAD Shows Weak Signs Below Double Top at 1.2960
USDCAD is showing some weak signs today with the technical indicators confirming this view. The RSI indicator is...
AUD/USD: Aussie Remains in Red as Weak Data Boost Growth Slowdown Fears
The Aussie dollar holds in red for the second consecutive day, following a double-rejection under psychological 0.70 barrier...
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