Gold Might Take Another Bullish Shot

USDJPY bulls face limitations ahead of the US CPI inflation figures Short-term risk tilted to the upside, but confirmation required above 156.60 USDJPY recouped more than half of its sharp losses that occurred at the start of the month thanks to the bounce off the 50-day simple moving average (SMA) near 151.84. But the bulls […]

USDCAD reversed from key support level 1.3600 Likely to rise to resistance level 1.3700 USDCAD currency pair recently reversed up from the key support level 1.3600, which has been steadily reversing the price from the start of May. The support level 1.3600 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci […]

EURGBP slides but remains within a range MACD and RSI detect negative momentum A dip below 0.8520 could turn the outlook bearish EURGBP has been drifting south recently, after it hit resistance slightly above the 0.8700 territory. That said, although the pair is currently trading below all three of the plotted exponential moving averages (EMAs) […]