Copper Retreats From Eight-Week High on Oversupply, Coronavirus Fears
Copper futures are retreating from their highest levels in eight weeks as investors’ oversupply and coronavirus concerns weighed on the industrial metal. Copper had been…
Posts Tagged: trade war
GBPAUD Bullish Correction Opportunity
GBPAUD continues to trend higher as it broke past the resistance around 1.7700 and reached the 1.8050 minor psychological mark. However, sellers jumped in at…
AUDUSD Bounce or Break from Major Support
AUDUSD is trading sideways on its 4-hour time frame as found support at 0.7325 and resistance around .7450. Price just recently bounced off the top…
USDJPY Aiming for Upside Targets
USDJPY recently made an upside break and pullback to the 111.00 major psychological mark, and the retest seems to be completed. Price could gain bullish…
CHF/JPY Showing Classic Reversal Pattern Ahead of SNB Decision
CHF/JPY seems done with its climb as price formed a double top on its 1-hour chart. This is a classic reversal signal but price has…
European Union threatens to impose additional tariffs on US goods
European Union will announce in the next few hours countermeasures in response to US President Donald Trump’s tariffs on US steel and Aluminum imports from…