<p>USDJPY has been creating an upward sloping channel since the bounce off the more than three-year bottom on 101.15, achieved on March 9, in the 4-hour chart. Currently, the price is capped by the red Tenkan-sen line and finds support at the 20-period simple moving average (SMA), looking forward for a potential positive session. According [&

<p>EURUSD re-activated its two-year old downtrend after forcefully clearing the 1.0777 floor last week to print fresh lows at 1.0635 on Monday. The price is currently pushing efforts to recoup some lost ground but the slight improvement in the RSI and the Stochastics, which are still well into the bearish area and near oversold terittory, [&h

<p>Gold appears to have found some support around the November 2019 lows from 1446 to 1455 – pivoting from this region – and is currently capped by the 200-day simple moving average (SMA). Both the declining Tenkan-sen line and the MACD are continuing to back the drop, with the Tenkan-sen line completing a bearish crossover […]

<p>The US Dollar declined by 375 pips or 2.58% in value against the Canadian Dollar on Friday. The currency pair tested the lower boundary of an ascending channel pattern during Friday’s trading session. The exchange rate bounced off the bottom border of the channel pattern at the end of Friday’s session. Most likely, the USD/CAD

<p>The Australian Dollar surged by 303 pips or 5.35% in value against the US Dollar on Friday. The currency pair tested the upper boundary of a descending channel pattern during Friday&#8217;s trading session. As for the near future, the exchange rate could slide lower in the descending channel pattern. The AUD/USD pair might aim for [&he

<p>The common European currency has continued to trade within range against the Japanese Yen. The currency pair has been trading between the range of 119.29/117.15 since last week’s trading sessions. All things being equal, the exchange rate could aim for the 117.15 area within this session. However, technical indicators flash buy signa

RKI also insists that Germany have enough test kits at their disposal Looking at the confirmed cases curve, there is a minor shift in the delta but surely it is tough to say that it is starting to flatten:

GBP/USD eases back under the 1.1600 level ForexLive The pair was trading close to the 1.1700 level at the start of the European morning about three hours ago but has now eased back lower under 1.1600 as the greenback keeps firmer and erases its earlier losses against the likes of the euro and franc as […]

<p>Crude oil prices fell over 6% into Friday’s close following a brief rally to the 28.00 handle which previously marked a bottom. Following the declines down to the 22.00 handle, price action is close to this level. A break down below 22 could see WTI crude oil pushing through into new lows. The minor trend […]

<p>Gold prices marked a modest recovery, rising 1.71% into Friday’s session close. With the lower levels seeing higher demand, XAUUSD is firmly trading above the 1462 and 1483 levels. The upside correction in the near term could see XAUUSD rising back to test the 1534 region, with further breakout likely to send gold towards the [&helli