The greenback ended sharply higher against most of its major peers on Friday, but failed to hold most of the gains against the Loonie, thus the USDCAD pair
The Financial Market Supervision Department in Austria (FMA) has recently issued a warning against the forex trading firm Universe Markets, for compliance
Gold rallies back above 1400 after a big drop to 1387. The following technical insight is based on the Elliott wave theory
EURUSD tanked to 1.12 after a much improved US employment data. The following looks at what could happen next based on the Elliott wave theory.
Gold price is currently unchanged as it is just below $1401.62, and the momentum is still weak and bearish as the RSI points out.
The euro has opened the new trading week with a bearish tone against the US dollar, following the strong Non-farm payrolls headline number last Friday.
The British pound is attempting to recover above the 1.2500 level against the US dollar, after finding interim support from the 1.2480 level on Friday.
The USDJPY pair found support around 107.70s and the 50-day moving average, and now it looks like the momentum has been picked up.
Ahead of NFP report, Gold price is currently trading above the $1410.78 support level with a descending momentum.
The USDJPY pair bounced after finding support just above the 107.50 level. Currently, the bulls are attempting to break above 107.85.
Wall Street ended the day at record highs as investors cheered the prospect of a weaker monetary policy among the world’s largest banks.
Dow Jones index notches a fresh all-time high as it rose 0.67% to end at 26966. Will the index may turn lower in response to the higher moves?