FxNews—The pound sterling traded at about $1.275 against the U.S. Dollar in today’s trading session. The GBP/USD 4-hour chart below shows that the pair ranges in a bullish channel, stabilizing...
FxNews—The EUR/USD sharp downtrend eased near the 61.8% Fibonacci retracement level at $1.072. The bearish trajectory drove the RSI and the stochastic oscillator into the oversold area, which could mean...
FxNews—Silver has been in a downtrend since April 29, when it was at $32.2. As of this writing, the XAG/USD pair formed a longwick bullish candlestick pattern near the lower...
FxNews—The gold price slumped from the 61.8% Fibonacci level at $2,387 on June 7. The bearish trajectory cooled after the market neared May’s lowest rate at approximately $2,284. As of...
FxNews—The crude oil pullback from the lower line of the bearish flag at $72.6 cooled down after the black gold reached the upper line of the flag. As of writing,...