Throughout Wednesday and Thursday the price of gold (EURUSD) barely changed the pattern of movement, kept horizontal in the range that is thinner than the normal daily movements in commodity prices. It seems the market is waiting for event and important data such as Janet Yellen’s speech this afternoon, the GDP of Germany and France …
EUR/USD Current price: 1.2475 The EUR/USD pair remains stubbornly flat, trading within a narrow range for fourth day in a row. In fact, ever since the week started the pair has moved half its average amount of pips, measuring between the low and the high barely 110 pips. A light calendar following all the excitement …
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Since yesterday until this morning gold price movement patterns (XAUUSD) hardly changed. XAUUSD trying to maintain ride waves (rebound) from 1131.05 to 1177.05. However, market conditions are in this consolidation phase seems to have no great upward momentum. See indications on 4-hour chart, for short-term intraday XAUUSD still has the potential to fall. If the …
EUR/USD Current price: 1.2421 The EUR/USD didn’t acknowledge market came back to full activity mode, confined to an even tighter range than earlier on the week, for most of the day. The greenback has been under pressure for most of the European session and early US, as stocks markets were in red. However, US indexes …
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