USDJPY continues the sideways consolidation
Trades above and below its 100 hour moving average today The USDJPY continues to consolidate in up and down trading action. Looking at the hourly chart above, a top side trendline… Read more »
Tag: continues
XAU/USD Forecast : Gold Continues to Find Support in Round N
Gold markets initially pulled back during the New York trading session on Wednesday, reaching down towards the $1500 level before finding a bit of support. At the moment, the market… Read more »
GBP/USD Continues To Faces Corrective Recovery Risk
continues to face corrective recovery risk as it eyes further bullishness. Support comes in at 1.2100 with a turn below that level shifting focus to the 1.2050 level. Further down,… Read more »
GBP/USD Forecast August 12-16 – Wobbly pound continues to head south
GBP/USD posted sharp losses for a third straight week, as the pair fell 1.1% last week and fell to its lowest level since January 2017. The upcoming week will be… Read more »
GBP/USD Forecast August 12-16 – Wobbly pound continues to head south
GBP/USD posted sharp losses for a third straight week, as the pair fell 1.1% last week and fell to its lowest level since January 2017. The upcoming week will be… Read more »
EUR/USD moves off the lows as price continues to pivot around the 1.1200 handle
EUR/USD moves back up to 1.1215 ForexLive But it’s still the same old story for EUR/USD over the past week. Price is continuing to consolidate and pivot around 1.1200 with… Read more »
EUR/USD: Tight Trading Range Continues
Today is the 5th day in a tight trading range on the daily Forex chart. This is a Breakout Mode pattern. That means that there is about a 50% chance… Read more »
GBP/USD Forecast Aug. 12-16 – Pound continues to head south, is 1.20 next?
GBP/USD posted sharp losses for a third straight week, as the pair fell 1.1% last week and fell to its lowest level since January 2017. The upcoming week will be… Read more »
USD/JPY Forecast Aug. 12-16 – Yen rally continues as 105 within striking distance
Key news updates for USD/JPY Updates: USD/JPY Technical Analysis 109.73 (mentioned last week) has held in resistance since the end of May. 109.35 is close by. 108.70 follows. 108.10 was a… Read more »
Ripple Ramps Up Investment Plans But XRP Continues to Tank
San Francisco based fintech firm Ripple is reportedly working on a number of potential investments and acquisitions following its acquisition of MoneyGram. Meanwhile its native token, XRP, continues to slide… Read more »