Gold is trading in the red at the time of writing but the bias remains bullish. The yellow metal is traded at 1,860.27 level at the time of writing far below 1,870.56 today’s high. The rate slipped lower only because the Dollar Index has managed to rebound after its temporary decline. Also, the …
GBP/JPY Attracting More Bullish Energy!
GBP/JPY moves somehow sideways in the short term. The price action signaled that the downwards movement could be over, so personally, I’m looking for new long opportunities. It’s traded at 152.67 level at the moment of writing. The pressure remains high as the Japanese Yen Futures tries to …
USD/CHF Upside Reversal Needs Confirmation!
The USD/CHF pair moves somehow sideways in the short term after finding strong support. Unfortunately, the price failed to develop a strong upwards movement as the immediate dynamic resistance continues to hold. Still, as long as it stays near the upside obstacle, an upside breakout is …
