USD/JPY Rebounds Ahead of June Low to Keep RSI Out of Oversold Zone
[ad_1] Japanese Yen Talking Points USD/JPY appears to be reversing ahead of the June low (128.60) as it attempts to halt a four-day decline, and the exchange rate may stage…
Gold Price to Mirror June on Failure to Push Above 50-Day SMA
[ad_1] Gold Price Talking Points The price of gold approaches the 50-Day SMA ($1793) as it extends the series of higher highs and lows from last week, but the precious…
US, Canada Employment Reports in Focus
[ad_1] Canadian Dollar Talking Points USD/CAD trades to a fresh monthly low (1.2789) as it carves the series of lower highs and lows following the Federal Reserve interest rate decision,…
AUD/USD Holds Above 50-Day SMA Ahead of RBA Rate Decision
[ad_1] Australian Dollar Talking Points AUD/USD trades to a fresh monthly high (0.7014) as it initiates a series of higher highs and lows, and the exchange rate may continue to…
Oil Price Breaks Out of Descending Channel After Testing 200-Day SMA
[ad_1] Crude Oil Price Talking Points The price of oil retraces the decline from earlier this week following another contraction in US inventories, and crude appears to be breaking out…