FxNews—Ripple (XRP) trades in a bullish channel, but the 4-hour chart has formed a bearish butterfly pattern, a sell signal. The MACD value is declining, and the indicator is about...
FxNews—The British pound traded bullishly against the U.S. dollar and tested the 100-period simple moving average in today’s trading session. As a result, the British pound bounced from the 1.314...
FxNews—The American currency is in a bear market against the Danish Krone, trading below the 50- and 100-period simple moving averages at approximately 6.7 in today’s session. This decline in...
FxNews—The euro is in a bear market against the Japanese Yen, trading at approximately 157 in today’s trading session. The primary trend is bearish because the EUR/JPY price is below...
FxNews—The British pound is consolidating against the Japanese yen at approximately 186.5, testing the 50-period simple moving average as resistance. The GBP/JPY 4-hour chart below demonstrates the price, support, resistance...
FxNews—WTI Crude Oil is surpassing the immediate resistance at $70.5 and is trading at approximately $70.8 as of this writing. The Oil 4-hour chart below shows that the bulls are...
FxNews—The U.S. dollar price is rising against the Canadian dollar from 1.343, the August 28 low. However, the currency pair has been sideways, slightly above the 23.6% Fibonacci retracement level...