EUR/USD is trading lower today after yesterday’s loss. The pair continues its move down making a low of 1.1190. It appears that bears are regaining control over the pair. First bear target can be expected at 1.1152. First resistance can be expected at 1.1242.
Gold has traded down since last week when its price was near to $1,345. The precious metal continues to depreciate and it seems that Gold is losing momentum and fast. Gold has passed the support line on the long-term at $1,313. Current market price: $1,311.
Calm day so far for the EUR/USD. The pair has been trading in a range of 1.1220-1.1200 as there isn’t anything strong enough to motivate either of the camps. We have been gliding on the resistance level for a several days now and this might be an indicator that a move down is probable.
Gold witnessed a massive sell off yesterday going from $1,312 to $1,267. The precious metal is now very vulnerable to bearish attacks and if we break the $1,255 level today this would invalidate a potential bullish move this week.
EUR/USD is trading lower in today’s session as market participants are already anticipating the latest NFP and jobs data scheduled for tomorrow 8:30AM Eastern. Current market price 1.1188.
AUD/CHF is its third day of losses going from a high of 0.7522 to a low of 0.7395. The pair is now slightly higher at 0.7415 but the momentum might continue driving the price down to a support of 0.73.
EUR/USD is trading lower today after it was gravitating towards 1.12 yesterday. The pair is now around 1.11, currently 1.1122, which is not surprising considering yesterday’s positive US data and today’s anticipated NFP and jobs data.
GBP/USD slumps 6% in 2 minutes overnight. The selling came as a surprise for bulls and the reason behind the sell off remains unclear. Some say it’s due to an algo seeking out stops, others say it’s a fat-finger error. While no one can give you an answer, best strategy now would be to stay out until events take a calmer course.
EUR/USD lost some of its value in today’s session due to a strengthening of a rate hike expectations. The pair is now 1.1152, down from 1.1203.
USD/CAD is down significantly after Friday’s gain to a high of 1.3313. The pair reacted bearishly to Friday’s high and is now trading at 1.3141. Further continuation of the downward move can be expected to a first support at 1.3120.
EUR/USD looks a bit beaten in today’s session. The pair is now slightly lower than yesterday’s level and is trading at 1.1120. In less than three hours the EU news might bring some volatility in the market.
Gold is trading below $1,260 for more than a day now. Market participants are waiting for some fresh news to stir the market. These could come on Friday when we have important US data and a statement by Janet Yellen. Current market price of the precious metal $1,258.
EUR/USD is trading sharply lower this week. Today the pair reached a low of 1.1015. This comes after a few days of depreciation and it looks like it will not stop here. Important news on Friday might create more volatility.
GBP/USD had yet another crisis, this time more timid and mild. The pair went from 1.12330 to a low of 1.2088 in yesterday’s late European hours. This appears to be the after effect of the surprise flash crisis that occurred on Friday night.
EUR/USD is having another day of losses. The pair is now 1.1014 and it appears that there isn’t anything to stop it from depreciating further. Important US news tomorrow. First support is the psychological level of 1.10.
USD/CAD has been very difficult to trade in the past few weeks. The choppy environment is a true test for your risk management. Being able to handle all the uncertainty and not lose any money is a good sign that in calm and steady times your strategy will work wonders.
EUR/USD was lightly impacted by the positive US data earlier today and broke the psychological 1.10 level. Current market price: 1.0996. Main trend remains bearish.
Gold continues to trade sideways gravitating towards $1,250. Price is now $1,253 as Gold bugs wait for fresh news to stir the market. Silver is also range bound around $17.40.
EUR/USD is trading slightly higher in today’s early European hours. The pair made a high of 1.1280 a couple of weeks ago and has been downgrading since then. Current market price 1.0979.
Gold is trading in consolidation between $1,260 and $1,250. The precious metal has been in a downmarket since the end of September. Major support zone is seen at $1,200-$1,210.