The pound is consolidating the recent massive gains as the market is trading above the 50 and 100 SMAs but below the 200 SMA. Buyers want a continuati
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Gold Price News and Forecast: XAU/USD is back in favour with but in the short term
Gold has been pulling back up since the recent low on March 16th. It's amazing to think that in these uncertain times the price fell to hit a low to U
GBP/USD Price Analysis: Pound bulls taking a breather after massive surge to 1.2400 handle
After hitting 1985 lows in March, GBP/USD is reversing up sharply while the spot trades below the main daily simple moving averages (SMAs).
USD/MXN rises further to 24.61; Mexican peso is the worst-performing EM currency
The USD/MXN has been rising constantly in the European session. Recently it spiked to 24.61, hitting the highest level in a week. As of writing, trade
Coronavirus update Italy: Death toll rose by 727 to 13,155, 110,574 confirmed cases
COVID-19-related fatalities in Italy increased by 727 to 13,155, the country's Civil Protection Agency announced on Wednesday. Although this was the s
Coronavirus update NY: Confirmed cases rose to 83,712 from 75,795
The total number of confirmed coronavirus infections in the state of New York rose to 83,712 from 75,795 on Tuesday, Governor Andrew Cuomo said on Wed
EUR/USD Price Analysis: Euro pressuring 4-day’s lows, approaching 1.0900 handle
EUR/USD is pulling back down from last week’s highs as the spot is trading below the 1.1000 figure and the main DMA (daily simple moving average) while DXY is
Gold Price Analysis: USD 1600 is the major pivot level but is the retracement over?
Gold has been pulling back up since the recent low on March 16th. It's amazing to think that in these uncertain times the price fell to hit a low to U
US ISM Manufacturing: Orders and employment at their lowest level since 2009 tell the real story – Wells Fargo
Data released on Wednesday, showed the US Manufacturing ISM Index dropped modestly to 49.1, against expectations of a more significant decline. Accord
USD/JPY Price Analysis: US dollar struggles vs. Japanese yen as bears approach the 107.00 handle
USD/JPY is pulling back down from the March’s tops as the spot broke below the 200 SMA on the daily chart.