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XAU/USD shoots to near $1960 as higher US jobless claims eases labor market conditions
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Gold price has galloped to near $1,960.00 as US weekly jobless claims hit a 19-month high.
The…
EUR/USD, EUR/GBP and EUR/JPY Price Setups
Euro Setups: (EUR/USD, EUR/GBP, EUR/JPY)Revised data confirms technical recession in Europe provided there are no upward revisions to the Q1 figureEUR/USD: Sharp sell-off meets shorter-term supportEUR/GBP: Prior pivot points guide bearish…
FX Play of the Day: Is AUD/CAD Ready to Extend Its Uptrend?
Canada’s surprise rate hike got traders selling AUD/CAD yesterday!
In case you missed it, the Bank of Canada (BOC) raised its interest rates by 25 basis points to 4.75% after keeping it at 4.50% for three decisions in a row.
AUD/CAD,…
More sustained gains need to clear 151.00
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EUR/JPY adds to Wednesday’s uptick and revisits the 150.00 region.
Further upside targets the…
Gold Prices at Risk of Freefall Below the 100-Day MA
GOLD (XAU/USD) PRICE FORECAST:
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READ MORE: Bank of Canada Comes Out Swinging with 25bps Hike, USD/CAD SlidesGold prices fell around $30 from its high during…
Daily Forex News and Watchlist: NZD/CAD
NZD/CAD is clawing its way back up after yesterday’s downswing!
I’m checkin’ out the 15-min chart for opportunities to extend the pair’s longer-term trend.
Before moving on, ICYMI, yesterday’s watchlist checked out AUD/CAD’s triangle…
Natural Gas Futures: Extra gains appear limited
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Considering advanced prints from CME Group for natural gas futures markets, open interest dropped by…
USD/CAD, EUR/CAD, GBP/CAD Price Setups
Canadian Dollar Vs US Dollar, British Pound, Euro - Outlook:
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The Canadian dollar may have just received the boost to extend gains against some…
ADVANTAGES AND DISADVANTAGES OF THE BOLLINGER BANDS INDICATOR. – Analytics & Forecasts…
Advantages Bollinger Bands are visually easy to interpret They can be used both as a volatility indicator and a momentum oscillator Bollinger Bands can be applied on any underlying asset across any time frame The indicator…
Chart Art: WTI Crude Oil (USOIL) Still Stuck in a Range
Here’s one for the commodity traders out there!
Check out these near-term inflection points on WTI crude oil.
The commodity has been moving sideways for quite some time, and it looks like it’s stuck inside an even smaller range this…