US Dollar Index (DXY) Looks to Extend Weekly Gains after Recovery
The US Dollar Index (DXY) is soaring again after recovering from its latest plunge. On Wednesday, the USDX took a temporary detour below the 95.80…
Author Archive
AUD/USD Attempting Unstable Short-Term Consolidation
The AUD/USD currency pair appears to be anchoring around the 0.7100 region, following yesterday’s sharp pullback. The currency pair took a momentary detour above 0.7150…
BTC/USD (Bitcoin) Targets New Weekly High at $4,150
The BTC/USD (Bitcoin) has finally broken clear through the key level of $4,000 after a string of positive news from the market. Bitcoin had found…
EUR/CHF Looking to Bounce Off New Week Low of 1.1320
The EUR/CHF currency pair declined on Tuesday and Wednesday to hit a new weekly low at around 1.1320. The currency pair has been on a…
XAG/USD (Silver) Recovery Facing Strong Resistance at $15.50
The price of Silver XAG/USD appears to be consolidating around the $15.20 range after facing strong resistance at $15.50/65. The XAG/USD has been on a…
USD/CAD Bounces from 2-Week Low Ahead of FOMC Statement
The USD/CAD currency pair bounced back on Wednesday morning following a short-term pullback that took the pair to 2-weekly lows. The pair remains largely on…
WTI Crude Oil Rejects $60 Amid Strong Resistance
The price of WTI Crude Oil has been on a rally since last week. It seemed set to breach the key resistance level of $60.00…
GBP/USD Looks to Pull Back after Finding Resistance
The GBP/USD currency pair appears to have found a strong resistance after advancing in the last few trading session to make a full rebound from…