MTrading app for Android to keep all operations regarding profile within your mobile!
Bank of Canada (BOC) turns may not entertain the USDCAD bears until forward guidance appears hawkish.
AUDUSD holds onto Friday’s recovery moves from a three-week-old support line around the 100-DMA as Aussie traders brace for the RBA monetary policy meeting.
USDCHF posted weekly gains but eased from the short-term key horizontal area as Ukraine-Russia headlines controlled safe-haven pairs.
The sour sentiment propelled prices of traditional safe-havens, like gold and USD, which in turn caused the EURUSD pair’s slump.
Despite reversing from an eight-month high, gold prices recently crossed the stated key resistance, also rallied beyond June 2021 peak.
GBPUSD bears flex muscles inside the one-month-old symmetrical triangle, recently easing from the resistance.
Silver had a sober start to the current week as it marked the first negative daily closing in four.
EURUSD keeps pullback from 50-SMA to kick-starts the key week comprising preliminary PMIs for February.
GBPUSD stays beyond a downward sloping resistance line from January 20, now support around 1.3590.
AUDUSD justifies its risk-barometer status, also backed by an upbeat Aussie jobs report for January, during Thursday.
Gold marked a stellar decline after refreshing eight-month top on Tuesday, forming a double top around $1,880.
Amid escalating tensions concerning the Russian invasion of Ukraine, crude oil prices rally to a multi-month high.
EURUSD during the last week portrayed multiple tops around 1.1480 before ending the week by resting on 200-SMA.
GBPUSD stays ready to reverse the month-start bearish signal, initially triggered by the 50-SMA’s break below 200-SMA.
Gold extends a fortnight-long recovery to stay comfortably beyond the 200-SMA and a horizontal area from early January.