NZD/USD in the short-term extremely overbought

The RSI in the 4-hour chart has fluctuated in the last 3 weeks most of the time below the 50% mark, and only recently, he climbed over the 60% mark. The NZD/USD was in the descent of the 50SMA it was in the 4-hour chart below the 200SMA until the slide were averages not more […]

The price of gold in a falling trend

Summary of the week that has passed After having gone in motståndszonen, respected the gold level of 1295 USD, and began to move south. The price we reached an important price level at 1225 USD. After having reached this support occurred a volymspik and the price falls marginally. This may indicate the beginning of the […]

Basmetallmarknaden noted additional cases

Basmetallmarknaden noted overall, further falls in price a bit in Tuesday’s trading. If base metals: Despite the fact that steel is, without competition, the most used and dominant basmetallen on the physical market, it is aluminum, copper, nickel, zinc, lead, and tin, which are mainly traded on the commodity exchanges. China’s foreign trade generated a […]

EUR/GBP is the 2. Session offered

FXStreet The EUR/GBP is building its Failure to 0,85 from Friday, and so he falls now to the 4-days deep under the middle of the 0,8400. The Pro-EU candidate, Emmanuel Macron was the 2. Round of the French presidential election to decide what was already priced in completely, and so profit-taking is now being followed […]

GBP/USD bullish closing above 1.3000 – UOB

FXStreet – The UOB Group team of Analysts is that the prospects of the Cable with a daily closing price above 1.3000 on a bullish switch. Important Quotes “We have not underestimated the strength of the GBP, as the strong level of 1,2965 offered a lot of resistance (Friday’s High at 1,2984). The strong daily […]

EUR/JPY rally fails to 124,00

FXStreet – The better dynamics of the Japanese currency leads to a decline in the EUR/JPY, away from the day high in the field of 124,00. EUR/JPY gains limited in the vicinity of the 124,10 According to the the new 5-month high formed over 124,00, fell of course to the 123,30, while the demand for […]