2020

The precious metal is up over 1.2% intraday on Thursday. The gains came just a day after price action was bearish. But the current gains still keep price action confined within the previous session’s highs and lows. For the moment, a…
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WTI Crude oil prices are trading in the green after prices nearly closed flat on Wednesday. However, the current recovery is still below Wednesday’s highs. A breakout above 38.15 will potentially validate further gains in the commodity.…
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The British pound sterling is maintaining a steady pace of gains as it approaches the key price target of 1.2643. Following a brief pullback earlier in the week, the currency pair regained its momentum. The rise above the previous…
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The euro currency managed to maintain its bullish momentum. Prices are now up for nine consecutive daily sessions as EURUSD approaches the 1.1400 handle. Lack of any pullback, however, is likely going to see a correction in the price…
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We are expecting another massive drop in payrolls this time around. However, we don't expect it to be as dramatic as last month. Just how bad the numbers will be might have more to do with timing than the underlying situation in the…
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GBPJPY's 3-month high at 137.39 suggests that prices could extend higher. Having retraced back below the 61.80% Fibonacci at 136.95, however, marks the bullish attempt as a false-break for the time being. This means that a pullback can be…
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Gold prices are showing signs of downside momentum increasing. Prices fell to a four-week low of 1689.37 before pulling back intraday. The declines come following the failure to post any new higher highs. As a result, gold prices are…
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Crude oil prices are down by over 1.5% on Wednesday. The declines come right after prices soared to intraday highs of 37.25 a barrel. Price action is pulling back currently amid Saudi Arabia and Russia warning OPEC members not to cheat…
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The Pound sterling maintains a steady uptrend as price action briefly faltered near 1.2594. However, a quick recovery should put the currency pair on track for further gains. The next main target for GBPUSD is the 1.2643 level. This…
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