andrewnezer13

The dollar index (DXY) is currently trading at 94.64, having printed a low of 94.57 early Friday. That was the lowest level since September 2018.  The weekly chart MACD histogram is reporting the strongest bearish bias in three years. Meanwhile, the weekly chart relative strength index (RSI) is hove

Gold (XAU/USD) has stalled its five-day upsurge, entering a phase of consolidation before the next leg higher. The buyers have the life-time at $1921.17 on their radar but a break above the 1900 level is critical for the further upside. So far this Friday’s Asian trading, the persistent weakness in

AUD/JPY remains mildly positive, extends pullback from 76.11, after Aussie data. Australia’s preliminary Retail Sales for June slipped below 7.1% forecast and 16.9% prior to 2.4%. Risk dwindles as clues of US stimulus join another round of precious metal surge to confront the coronavirus woes. Pande

GBP/USD Cable is holding within narrow range below new 6-week high at 1.2767 in early Thursday's trading, after repeated close above 200DMA (Tue/Wed) generated bullish signal. On the other side, Wednesday's long-tailed Doji signaled that the downside is so far protected, but also pointed to indecisi

GOLD Spot gold extends steep ascend into sixth straight day and posted new highest since Sep 2011 ($1888) on Thursday. Global concerns about post-pandemic recovery that prompted investors into safety, were boosted by rising political tensions between the US and China. Also, the dollar continues to t