GBP/USD and EUR/GBP: British Pound Surging
GBP/USD is gaining momentum and it recently climbed above the 1.3080 resistance area. EUR/GBP is declining and it seems like it could decline further below 0.8400.
GBP/USD Technical Analysis
The British Pound started a strong rise from the 1.2880...
Gold Price And Crude Oil Price Likely To Rise Further
Gold price is trading nicely in a positive zone above the $1,475 support area. Crude oil price is also showing positive signs and it could continue to rise above $59.00 and $60.00.
Gold Price Technical Analysis
Earlier this week, gold...
EUR/USD Recovering While USD/JPY Tumbling
EUR/USD started a fresh increase and it recently traded above the 1.1035 resistance area. Conversely, USD/JPY is under a lot of selling pressure and it traded below the 109.00 support area.
EUR/USD Technical Analysis
The Euro remained well bid above...
GBP/USD And USD/CAD Are Likely To Continue Higher
GBP/USD is holding the 1.2900 support area and it could continue higher. USD/CAD is also climbing higher, but it might struggle to clear the 1.2950 resistance area.
GBP/USD Technical Analysis
This past week, the British Pound declined below...
EUR/JPY and GBP/JPY Primed For More Gains
The Euro and British Pound are gaining bullish momentum against the Japanese Yen. Both EUR/JPY and GBP/JPY are likely to continue higher above 120.50 and 142.00 respectively.
EUR/JPY Technical Analysis
After a bearish reaction, the Euro found support...
EUR/USD Could Extend Decline While USD/CHF Is Rising
EUR/USD is currently trading in a bearish zone below the 1.1035 and 1.1055 resistance levels. USD/CHF is currently consolidating gains above the 0.9965 support and it could continue to rise.
EUR/USD Technical Analysis
This past week, the...
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Changes to CFD Trading Hours on Thanksgiving 2019
Dear Traders,
Please be aware of the Trading Hour Schedule for the Thanksgiving Holiday from 28th November 2019 to 29th November:
Thursday, November 28th, 2019
Forex pairs - normal trading hours;
Metals - trading ends at 20:00 (GMT+2);
Oil...
GBP/USD and EUR/GBP: British Pound Trimming Gains
GBP/USD is currently correcting higher after a sharp decline towards the 1.2820 support area. EUR/GBP is currently holding supports and it could rise towards 0.8600 in the near term.
GBP/USD Technical Analysis
The British Pound made a couple...
Gold Price Under Pressure While Crude Oil Price Is Rising
Gold Price Technical Analysis
Recently, gold price failed the break the $1,478 and $1,480 resistance levels against the US Dollar. It failed to continue higher and started a renewed bearish wave below the $1,470 level.
Moreover, there...
EUR/USD Could Rise Further, USD/JPY Facing Hurdles
EUR/USD Technical Analysis
The Euro formed a decent support base near the 1.1010 level and started an upward move against the US Dollar. The EUR/USD pair gained bullish momentum after it broke the key 1.1040 resistance area.
The upward move...
GBP/USD Rising While USD/CAD Is Correcting Gains
GBP/USD Technical Analysis
This past week, the British Pound found support near the 1.2815 and 1.2820 levels against the US Dollar. As a result, the GBP/USD pair started a fresh upward move and climbed above the key 1.2860 resistance area.
The...
AUD/USD Is Tumbling While NZD/USD Is Recovering
AUD/USD is under a lot of pressure below the 0.6850 and 0.6820 support levels. Conversely, NZD/USD is climbing higher and it could even surpass the 0.6400 resistance area.
AUD/USD Technical Analysis
In the past few days, there was a steady...
EUR/USD and USD/CHF Are Showing Bearish Signs
EUR/USD is currently under pressure and it recently broke the 1.1065 support area. USD/CHF is also declining and it might move down towards the 0.9900 support area.
EUR/USD Technical Analysis
In the past few days, the Euro followed a bearish path...
GBP/USD and EUR/GBP: British Pound Could Decline Further
GBP/USD faced an increase in selling pressure below the 1.2880 pivot level. EUR/GBP is currently correcting higher and it might trade towards the 0.8650 resistance area.
GBP/USD Technical Analysis
The British Pound started a fresh...
Gold Could Correct Higher While Crude Oil Price Might Decline
Gold price declined recently and broke the key $1,485 support area. Crude oil price is also under pressure and it seems like it could decline below the $56.50 support.
Gold Price Technical Analysis
Recently, gold price made a few...
EUR/USD Dives Again, USD/JPY Breaking Down
EUR/USD topped near the 1.1175 level and started a fresh decline below 1.1120. USD/JPY is also showing bearish signs and it could continue to move down towards 108.70.
EUR/USD Technical Analysis
The Euro made a few attempts to break the 1.1175 and...
GBP/USD Could Continue Higher, USD/CAD Is Correcting Lower
GBP/USD remained well bid above the 1.2800 area and recently started a fresh increase above 1.2875. USD/CAD topped near the 1.3200 area and it is currently correcting lower.
GBP/USD Technical Analysis
After a downside correction, the...
AUD/USD AND NZD/USD CLIMBING STEADILY
AUD/USD started a decent upward move and broke the key 0.6880 resistance area.
NZD/USD is also moving higher and likely to continue its upward move towards the 0.6460 level.
Important Takeaways for AUD/USD and NZD/USD
The Aussie Dollar is trading nicely...
EUR/USD COULD CLIMB HIGHER WHILE USD/CHF MIGHT DECLINE
EUR/USD is showing positive signs above the 1.1080 level and it could rise steadily.
USD/CHF is currently correcting lower and it might start a major downside correction.
Important Takeaways for EUR/USD and USD/CHF
The Euro is...