The emergence of some fresh USD selling assisted AUD/USD to regain traction on Thursday. The set-up favours bulls and supports prospects for a move towards reclaiming 0.6700 mark. The intraday… Read more »
Technically speaking, the major U.S. benchmarks continue to trend higher, rising amid constructive, but still jagged, post-crash price action. Against this backdrop, the S&P 500 has rallied to a potentially… Read more »
A move above or below a 200-day moving average — a proxy for changes in an asset’s long-term trend — is always closely watched by traders, but the S&P 500’s… Read more »
It has been a rough day for the benchmark cryptocurrency. After flashing some signs of weakness, Bitcoin briefly dipped below $9,000 earlier today before incurring enough buying pressure to propel… Read more »
EUR/USD The euro is nearing the 200-day moving average for the first time since March 30. There was a squeeze higher in EUR/USD after it broke the April 15 high… Read more »
GBP/USD is retracing its overnight gains on the day See here for global coronavirus case data The pair saw a wild run higher from levels just under 1.2500 to hit… Read more »
EUR/JPY trims gains after testing the key 200-day SMA near 120.30. The cross remains volatile and keeps looking to risk trends for direction. Volatility has picked up around EUR/JPY on… Read more »
EUR/GBP declines from a three-month high. Bullish MACD favors confrontation to 61.8% Fibonacci retracement. December 2019 top acts as immediate support. EUR/GBP declines 0.05% to 0.8615 during the pre-Europe session… Read more »