Gold Reaches Highest Peak? Bulls managed to push price above $1562 area. Let's check Gold Technical Analysis for more levels and insights.
The significant 1.10 level capped EURUSD three times in the past few days. Look how the US-Sino trade talks have an impact on EURUSD currency pair.
EURUSD pair is trading alongside an uptrend support line since the beginning of the month. Here is the EURUSD outlook after German factory orders dropped.
The New Zealand Dollar or Kiwi was tumbled during early trading on Wednesday as investors responded to a Reserve Bank of New Zealand interest rate cut.
Gold price is taking bids around the $1390 level this morning after dropping towards the $1382.76 support level during yesterday’s session.
Crude oil price is hovering below the $53.26 resistance level, however, a huge divergence between the price and the momentum points towards a recovery in prices.
As USDJPY Fails to Defend 110 Level, technical analysis doesn’t look very positive either as the pair is quickly declining toward May’s lows near 109.00.
In this USDJPY analysis, the pair fell huge yesterday as investors lost patience and turned risk-averse. Will the bearish momentum continue?