Gold was into a downside movement after its last swing higher. Now, the rate has signaled that the downside movement could be over and that the bulls could take the lead again. In the short term, it could move sideways before really offering a great trading opportunity. It’s trading in the red at …
GBP/AUD – Is This A Continuation Pattern?
GBP/AUD continues to move sideways in the short term. It’s located at 1.8529 level above the broken downtrend line. Staying above it could bring new long opportunities. The Pound remains strong as the UK Flash Manufacturing PMI and the Flash Services PMI were reported better than expected in …
USD/CAD Attracted By The Median Line!
The USD/CAD pair rallies at the time of writing as the Dollar Index has managed to reach fresh new highs. The bias was still bullish, so the currency pair could extend its upside journey. Despite better than expected Canadian retail sales data, USD/CAD is targeting new highs. Later, the US …
