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USD/ZAR reverses its course and drops below the 20-day SMA
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USD/ZAR dropped below the 20-day SMA after peaking at a high near 19.150.
South African CPI from…
EUR/USD sees choppy Friday, testing 1.06
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The EUR/USD is catching some minor lift but mostly flat for Friday near 1.0600.
Broad market…
GBP/USD looking for a Friday recovery as market sentiment firms up
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The GBP/USD is looking to squeeze out some gains before the Friday closing bell, stretching into…
How to build a Renko chart. Renko chart examples – Analytics & Forecasts – 22…
A type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, "renga". A renko chart is constructed by…
XAG/USD hovers above the 200-DMA as buyers gather momentum
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Silver price tests 200-day simple moving average at $23.38, with daily low/high of $22.88/$23.69.…
A Dead-Cat Bounce or Game Changer?
Gold, XAU/USD, Silver, XAG/USD – Outlook:Gold and silver have jumped on account of escalating geopolitical tensions.Both gold and silver are testing major resistance.What is the outlook and what are the key levels to watch in XAU/USD and…
GBP/JPY reclaims the 182.00 handle on Friday bump and run
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The GBP/JPY is seeing a bounce from near-term lows at 181.30 to settle out the trading week in…
EUR/GBP jumps into five-month high at 0.8740, but bump quickly reverses direction to go red for…
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The EUR/GBP climbed to a fresh five-month high at 0.8740 on Friday, but the Euro bid proves…
AUD/NZD closes out the week near 1.0840 as Aussie steps over battered Kiwi
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The AUD/NZD saw firm gains on the week, Aussie gains nearly 1.3% from Monday opening bell.
Kiwi…
NZD/JPY falls below the 100-day SMA, towards 87.30
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NZD/USD saw 0.30% losses declining near 87.30 .
The cross tallies a four-day losing streak and will…