The GBP/USD continues to lose ground in early trading today and the depths of the forex pair are bringing into view long term perspectives. The GBP/USD is traversing near the 1.17500 level…
When you see this chart, you can also see that we have been in a long-term downtrend, and it’s worth noting that the US dollar itself is strengthening based on…
The GBP/USD pair has fallen significantly during the trading session on Friday as we ended the week. The market now looks likely to continue dropping given enough time, but ultimately, it’s a…
The AUD/USD pair has dropped during the Friday session to test the 0.69 level. This is a market that continues to be highly sensitive to the overall risk appetite around the world,…
European indices are deepening losses across the board with US futures also slumping more heavily now on the day. S&P 500 futures are down 35 points, or 0.8%, as the…
Despite the narrow range on the day, there is a lot to digest when it comes to looking at the EUR/USD chart at the moment. The most glaring detail is…
The Canadian dollar has rallied a bit during the trading session on Wednesday to show signs of life again, as we are now threatening the ¥105 level. Furthermore, the 50-Day EMA is sitting…
The Bitcoin market had initially tried to recover during the trading session on Wednesday. It then gave back gains to show signs of exhaustion. The Bitcoin market has been relatively positive for…
The price of gold fell after the largest decline in a month, as investors sought to buy the US dollar, amid increasing signs of an economic slowdown. Accordingly, bullion prices took a downward…
Sterling received support near recent levels against the euro and dollar after new data from the Office for National Statistics showed UK wages were faster than expected in June, with…