EUR/USD Consolidates in a Technical Triangle
The EUR/USD continues to consolidate despite trading to a new weekly highs.
The EUR/USD continues to consolidate despite trading to a new weekly highs.
BoC Kept Unchanged Its Interest Rate At 0.50%. CAD/JPY Short-Term Golden Cross, Important Long-Term Support Zone Level For CAD/JPY.
The price of WTI Crude Oil has bounced from daily lows on BOC news.
NZD/CAD Fails To Break Previous Week High Level, RSI Starts To Show Momentum Loss To The Upside. Support And Resistance Trend Lines Mark Importance Zone Level For NZD/CAD.
The EUR/USD opened higher, but has failed to convincingly break out above last Friday’s NFP high at 1.1120.
Dow Jones Industrial Average continued its winning ways with 7 out of the past 9 trading sessions closing higher. Today's action is poised to open higher as well.
Forex technical analysis 101 teaches when support is broken it becomes new resistance. GBP/JPY is pressing into such a zone to start the trading week.
Gold prices have begun to swing lower, after failing to break daily resistance near $1,375.00.
Silver prices declined early Friday, in reaction to a surging US Dollar and better than expected NFP data.
Mexican Peso Trades Stronger after NFP results. Negative Divergence looks positive for Mexican Peso.