Oil Price Breaks Out of Bull Flag Formation to Eye Monthly High
[ad_1] Crude Oil Price Talking Points The price of oil trades back above the 50-Day SMA ($86.68) after defending the monthly low ($80.87), and crude may continue to retrace the…
Gold Price on Track to Test 50-Day SMA Ahead of US PCE Report
[ad_1] Gold Price Talking Points The price of gold trades to a fresh weekly high ($1675) as US Treasury yields fall to fresh weekly lows, and bullion may continue to…
EUR/USD on Track to Clear Monthly Opening Range Ahead of ECB Meeting
[ad_1] EUR/USD Rate Talking Points EUR/USD trades above the 50-Day SMA (0.9893) as it carves a series of higher highs and lows, and the exchange rate may stage a larger…
Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA
[ad_1] Gold Price Talking Points The price of gold initiates a series of higher highs and lows as it bounces back from a fresh monthly low ($1617), and the precious…
EUR/USD Rebound Fizzles Ahead of 50-Day SMA
[ad_1] EUR/USD Rate Talking Points EUR/USD carves a series of lower highs and lows as it continues to pull back from the weekly high (0.9876), and the exchange rate may…