USD/JPY Extends Losses By 1.5% Amid Increased Market Volatility
The USD/JPY currency pair on Friday extended the current weekly losses to trade at around 107.910 after experiencing session declines of 1.5%. The currency pair…
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AUD/USD Recovery Continues Towards 0.6200 On USD Weakness
The AUD/USD currency pair on Friday extended the current weekly gains towards 0.6200 amid the weakening of the US dollar. The currency pair is trading…
Bitcoin Price Trades Shy of $7,000 Amid Trendline Resistance
The bitcoin price on Friday continued to experience strong resistance below the key level $7,000 in a consolidative triangle pattern. The price of the pioneer…
US Dollar Index Extends Losses Below 99.00 After Jobless Claims
The US Dollar Index (DXY) on Friday plunged to trade at a new weekly low of about 98.81 following yesterday’s release of the jobless claims…
GBP/USD Extends Weekly Gains Towards 1.2500 After UK Data
The GBP/USD currency pair on Friday extended the current weekly gains towards the 1.2500 key level following the latest round of UK data. The currency…
EUR/USD Finds Resistance Around 50% Fib Level After Recovery
The EUR/USD currency pair on Friday continued to recover from last week’s declines before finding strong resistance at the 50% Fib level at 1.1075. The…
EUR/CHF Plunges Towards 1.0560 After The EU PMI Data
The EUR/CHF currency pair on Friday plunged to trade at around 1.0563 on the back of the release of yesterday’s latest round of EU PMIs….
WTI Crude Oil Could Hit Sub-$20 Levels Soon On Country Lockdowns
The price of WTI Crude oil could hit sub-$20.00 levels soon amid the impact of the coronavirus pandemic and country lockdowns. The price of light…