GBP/CAD Price Forecast: Possibly extending higher in Rising Wedge pattern
GBP/CAD continues trading higher in what looks like a Rising Wedge pattern.
Silver Price Forecast: XAG/USD climbs closer to $34.00, remains below multi-year peak
Silver (XAG/USD) attracts some buyers during the Asian session on Thursday and for now, seems to have stalled its corrective slide from the $34.85-$34.90 area, or the highest level since October 2012 touched this week.
Silver Price Forecast: XAG/USD bounces back above $34 on safe-haven bid
Silver price (XAG/USD) rebounds strongly above $34.00 in Thursday’s European session after declining to near $33.40 on Wednesday.
NZD/USD Price Analysis: Bears in control as selling momentum intensifies
The NZD/USD pair continued its downward trajectory on Wednesday, falling towards the 0.6000 psychological level as selling momentum resumed.
NZD/JPY Price Analysis: Bullish momentum strengthens, threatens 92.00
Wednesday's trading session witnessed sustained buying pressure in NZD/JPY, leading to a 0.45% increase to 91.65.
Silver Price Forecast: XAG/USD tumbles after hitting 12-year peak, bearish engulfing looms
Silver price retreats after posting a multi-year high at $34.86, yet erases more than Tuesday’s gains, and is down over 3.30 percent.
Australian Dollar plunges as demand veers back to the USD
The AUD/USD pair declined by 0.97% to 0.6620 in Wednesday's session, driven by intensified US Dollar buying and concerns over China's stimulus measures.
Gold drop as US yields rise, markets await Retail Sales data
Gold price plunges from all-time high of $2,758 on Wednesday as US Treasury yields climbed, while the Greenback refreshes a two-month high, according to the US Dollar Index (DXY).
USD/JPY Price Forecast: Clears key-technical levels, turns bullish above 152.00
The USD/JPY extended its gains sharply during Wednesday in the North American session, sponsored by the close positive correlation with the US 10-year T-note yield, while traders remain concerned about US elections.
EUR/GBP Price Analysis: Buyers make a stride, outlook remains negative
The EUR/GBP pair continues to consolidate its position, experiencing a mild uptick in Wednesday's session to 0.8330.
Silver Price Forecast: XAG/USD corrects below $34.50 as US Yields surge
Silver price (XAG/USD) corrects sharply below $34.50 in Wednesday’s New York session after registering a fresh more than 12-year high slightly below $35.00 on Tuesday.
EUR/GBP Price Forecast: Reaches major support level at historic lows
EUR/GBP has fallen to a key support line at the level of the October 1 and 18 lows, in a zone between 0.8295 - 0.8310.
USD/CHF Price Prediction: Extends uptrend towards 100-day SMA
USD/CHF extends its uptrend from the late September lows and approaches resistance at the 100-day Simple Moving Average (SMA), currently situated at 0.8697.
AUD/USD Price Forecast: Downtrend resuming, odds favor bears
AUD/USD resumes its down move which began at the September 30 highs.
last updated on 24 Oct 15:22