GBP / USD is trading above 1.3550 again
GBP / USD has gradually recovered from the 1.3520 lows reached during the European session and is now trading above 1.3550, which is 0.1% or 10 pips below its opening price. Trading volumes have declined…
GBP / USD has gradually recovered from the 1.3520 lows reached during the European session and is now trading above 1.3550, which is 0.1% or 10 pips below its opening price. Trading volumes have declined…
The AUDUSD pair broke the bullish channel’s support line clearly and settled below it, approaching to complete forming double top pattern that its signs appear on the chart, its confirmation line located at 0.7665, which…
After falling at the open of the week, gold declined, but later resumed growth. Gold dipped below the 200-day MA on Friday and then declined in Asia this morning to hit a low of $…
China notches up positive full-year growth in 2020 As most major economies struggle under the weight of the pandemic, China is demonstrating to the world that a full recovery from the virus slump is possible.…
AUD / USD bounced back early in the North American session and hit 0.7688 after falling to a low since January 4 at 0.7658 during the European session. Meanwhile, price action is limited today amid…
USDJPY remains under pressure and risk is still to the downside as prices continue to drift lower from the 140.00 psychological level and are hovering around the 38.2% Fibonacci retracement level of the down leg…
A new day brought a new rollback EUR/JPY… The cross is now approaching 125.00 on the back of continued demand for the US dollar. The cross declined for the 7th straight session earlier in the…
AUDUSD has dipped below the 100-period simple moving average (SMA) and appears to be testing the lower boundary of a minor consolidation pattern at 0.7666. The directionless Ichimoku lines and the slightly slowed upward pace…
EUR / USD continued its decline towards 1.2053 and is now trading near this level amid low market activity due to the US holidays. FXStreet chief analyst Valeriya Bednarik notes that the bears will try…
EURUSD started the week in a neutral tone, consolidating last week’s losses around the 50-day simple moving average (SMA), which happens to be near a key restrictive line and the 38.2% Fibonacci retracement of the…