After reports of a preliminary agreement been reached by the two largest economies, China and U.S broke out; the bulls tested European markets in which it reached the 2015 peak. Recall in the last 16 months, the U.S. and China had been in a trade war in which both countries slapped tariffs on their respective […]
AUDUSD Price Analysis – November 7 The Aussie dollar pair moves ahead as the pair finds buyers early in the European session while still stuck in a tight trading range. Although the FX pair had appreciated about 48 pips versus the US Dollar, the dominant indicators display its likely the exchange rate may attempt to […]
GBPJPY Price Analysis – November 6 GBP has gone to and fro versus JPY in the course of the most recent few weeks, essentially processing additions from the enormous spike higher that we had seen beforehand. However, the pair has been in a consolidating trend since the start of the trading session and therefore we […]
The dollar had a slight bounce after a ray of optimism following speculations of a preliminary agreement been reached in the U.S.-China trade talks. There seems to be progress made in the talks between the two countries as the U.S. is considering dropping some tariffs on Chinese goods, a report says. The trade war which […]
USDCHF Price Analysis – November 5 USDCHF is beginning to flash fresh positive trends and has kicked off the resumption of its recent rally over the next few days if the present support levels hold. The rebound took the price from a low of the level at 0.9851 to the intraday high on the level […]
Toplines: In the wake of plunging 0.2% prior in the session, spot gold was stable at $1,512.93 per ounce Up 0.2% at $1,514.80 per ounce was U.S. gold futures The price for gold was stable early Monday as the greenback eased on light manufacturing survey, while indications of a U.S.- China economic bargain getting past […]
The week started on a quiet note for major currencies after the Tokyo event while investors eagerly await the first official speech from Christian Lagarde, the new head of ECB. Dollar For currency pairs, the dollar maintained a significant price of 97.218, having dropped to 97.107 on Friday which is a low recorded between august […]
EURUSD Price Analysis – November 4 The euro enlisted higher when the US dollar fell. The FX pair, albeit marginally unstable, was cited close to the recently settled highs. Financial data for the euro region is yet to be released. This left the greater part of the overwhelming effect in the US data release. Numerous […]
GBPUSD Price Analysis – November 3 Due to recent news release, the GBPUSD pair may recover further past the horizontal line on the level at 1.30 handle. The pair exited the prior week higher at the level 1.2940. Trending about 28 pips higher after the open, the Cable was unable to hold its gains as […]
