Archived IMT (2009.06.09)
Gold managed to hold above $940, prompting modest dollar selling but forex traders remain cautious ahead of fresh risk aversion and resulting dollar-strength (especially on rising short term yields which is negative for equities. The $1.3770-90 support in the euro is further validated by the trend line extending from the April low as well as the neckline of the neckline acting for the head-&-shoulder formation, whose right shoulder suggests an interim resistance at $1.4050-60.
Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
3 Charts for GBP Traders
by Ashraf Laidi | Feb 21, 2020 13:18
Is Yen-Centric Risk Back?
by Adam Button | Feb 20, 2020 17:34
Why the Euro Keeps on Falling
by Adam Button | Feb 19, 2020 16:37
Forex Brokers' Share Price Performance
by Ashraf Laidi | Feb 19, 2020 12:17