Gold is by all accounts prepared for a short-covering rally after the substantial plunge a week ago. The present news might be sufficient to oust the absolute weakest short sellers from the market. Gold prices are moving higher on Monday, supported by lower Treasury yields and lower demand for shares. Poor business conditions because of […]
EURUSD Price Analysis – November 11 In the European session, at GMT10:00 hrs, the pair is trading at 1.1032, with the EUR trading 0.13% higher against the USD from Friday’s close. And for the 24 hours to 23:00 GMT, the EUR plunged approximately 0.28% against the USD and closed at 1.1019 on Friday, amid the […]
GBPUSD Price Analysis – November 10 The pound sterling is currently registering a continuing weakness against the USD as observed in the previous session that ends the last week of trading down on Friday at the level at 1.2775 after losing 39 pips. The sellers took control of the FX pair, as it confirmed their […]
The week will undoubtedly be memorable for all trades. Let’s take a quick look at the expectations for the week. Politics and Others Making news will be the ongoing accusation saga in the White House that will be made public. Its impact has not yet been felt in the market, but it can be felt […]
EURJPY Price Analysis – November 8 The European common currency had a bullish rebound versus the Japanese yen in the last session while testing the horizontal zone on the level at 121.11. Meanwhile, the pair’s exchange rate may likely continue to fluctuate and lose strength within this session. The potential target next may be at […]
Following a break out of reports on a preliminary agreement almost been reached in the trade talks between the U.S. and China, the greenback was propped up as it neared a percent gain for the week. The U.S. dollar paired against 6 major currencies traded at 98.136 nearing a 1% market gain for the week. […]
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 […]
