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Gold in bullish consolidation

Gold Technical Analysis: In a bullish consolidation phase - Gold is trapped in a narrow range of $1,220 to $1,230, as the bulls are likely having a breather, having pushed the metal to a 2.5-month high of $1,233 last week. - Also, the consolidation is happening in the positive zone above the six-mo...

EUR/GBP bear flag 4H Chart

EUR/GBP Technical Analysis: Creating a bear flag on 4-hour chart - The EUR/GBP is likely charting a bear flag - a bearish continuation pattern - on the 4-hour chart. - A break below the lower edge of the bear flag, currently seen at 0.8787, would signal a revival of the sell-off from the Sept. 21 h...

USD/JPY Dips below 50-hour EMA

USD/JPY Technical Analysis: Dips below 50-hour EMA as S&P 500 futures drop 0.5% - The USD/JPY cut through rising trendline support earlier today, the hourly chart shows and is now trading below the 50-hour exponential moving average (EMA) of 112.63. - The anti-risk JPY seems to have picked up a...

NZD/USD dips below 200-hour EMA

NZD/USD dips below 200-hour EMA, Asian markets sell risk - The NZD/USD is down 0.32 percent in Asia, while the S&P 500 futures are reporting a 0.48 percent drop. - The USD is on the rise against most majors as the USD/CNH remains bid, despite the rally in the Chinese stocks. The NZD/USD pair is...

EURUSD trades to new session lows

EURUSD trades to new session lows Dips below the next target levels The EURUSD has moved to new session lows as London/European traders look toward the exits. 2018-10-22_9-12-57.jpg In the move, the price has moved below a swing area at 1.1459-63 (see chart above). Stay below and the double bottom ...

GBP fall continues

GBPUSD fall continues. Trades at lowest level since October 4th Moves away from 100 day MA The latest headline from a Sky source says an unnamed Tory centrist has sent PM May a vote of no-confidence letter. 2018-10-22_5-58-42.jpg Looking at the hourly chart of the GBPUSD, the price of the pair stal...

Breaking: Italy Is Taking EU Hostage

"Austria FinMin Loeger: Italy Is Taking EU Hostage, Breaching Budget Rules Would Open Door To Other Countries To Do The Same $EURUSD" Source: https://twitter.com/LiveSquawk --------------------------------------------------------- Italian yields fall sharply to support euro and risk Marke...

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