Gold continues gradual descend towards $1,700 as the downtrend stays the course
Gold is down 0.4%, falling to a low of $1,707 earlier in Asian trading Invest in yourself. See our forex education hub. A firmer dollar is also part of the… Read more »
Tag: continues
Bitcoin continues the consolidation below $50,000
Bitcoin rebounds from two week low Bitcoin fell as low as $44,150 earlier today but has bounced back to $47,180, down 1.75% on the day. For all the drama in… Read more »
Franc meltdown continues as risk tones keep calmer in European trading
EUR/CHF climbs to 1.1050 levels, nearing the October 2019 highs The franc is the biggest loser on the week so far in the major currencies space and that owes somewhat… Read more »
The crypto rout continues ahead of North American trading
Bitcoin down 17% on the day to near $45,000 The equities selloff is abating somewhat but the rout in cryptocurrencies is still continuing, with altcoins also taking a plunge alongside… Read more »
Rotation out of the large-cap Nasdaq high flyers continues
Dow industrial average is higher on the day The rotation continues with the NASDAQ large-cap high flyers moving lower. Investors are moving into the Dow 30 stocks. Taking a snapshot of the current… Read more »
EUR/GBP Continues To Trend South
traded in a consolidative manner on Monday morning, staying fractionally above the 0.8635 level. Overall, the pair is printing lower highs and lower lows below the downside resistance line drawn… Read more »
GBP/USD Forecast Feb. 22-26 – Pound rally continues
GBP/USD had its best week in three months, climbing 1.1 percent last week. The upcoming week has just two releases. Here is an outlook for the highlights and an updated… Read more »
NZD/JPY Continues To Trade In Uptrend Mode
traded higher during the European morning Monday, breaking above the peak of Feb. 9, at 76.13, thereby confirming a higher high. However, the rise did not last for long, as… Read more »
EUR/GBP on track towards fresh nine-month lows as technical breakdown continues
Sellers stay poised to target the 0.8700 level next In some ways, the pair is trading as more of a divergence in the virus/vaccine narratives as things are progressing far… Read more »
Gold continues to struggle for direction to start the week
The technicals suggest that gold price action is in no hurry to go anywhere as we get things going in the new week The drop lower at the end of… Read more »