Fibonacci

GOLD PRICES FORECAST:Gold prices were subdued on Wednesday after Fed chair Powell indicated that the central bank plans on hiking two more times this yearTaking into account recent weakness, the precious metal has fallen more than 2.5% in…

Share: Silver price has comfortably shifted above $24.00 as the USD Index remains weak. The USD Index is…

Share: AUD/USD fades upside momentum at the highest levels in three weeks, prods intraday low of late.…

Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk…

Share: EUR/USD is trading sideways above 1.0700, and remains lackluster despite approval of the US…

Share: NZD/USD has shifted its auction comfortably below 0.6200 amid negative market sentiment.…

Share: USD/CAD has found short-term support below 1.3550 after a vertical sell-off. A power-pack action is…

USD/CAD AND USD/JPY FORECAST:USD/CAD wavers after reaching a key technical resistance region, with bulls and bears fighting for control of the marketUSD/JPY heads lower and challenges trendline support as sellers eye a possible…

Forex traders utilize Fibonacci retracements to aid in identifying possible key levels of support and resistance. These levels are used as guidelines for traders looking to enter or exit the market along with appropriate risk…

Share: EUR/USD stays defensive after reversing from seven-week high, as well as snapping five-day uptrend.…