USD/NOK setbacks from buy

The 50-hour SMA has crossed the 200-hour SMA from below to the top. This represents a Golden Cross of the two SMAs and this speaks to the recent long scenario in USD/NOK. The USD/NOK should fall back in the vicinity of the interface, could be long placed in positions or increased. The USD/NOK falls back […]

EUR/USD: Test of 1.10 is less likely – UOB

FXStreet – A potential Test of the mid-1,10 has become, according to the UOB Group analysts are now less likely. Important Quotes “Contrary to our expectation, the Euro pulled back under 1,0950 resistance remained unaffected (High in 1,0936). Due to the lack of dynamism, a decline in the 1,0850 seems to be possible. At this […]

Gold before U.S. data in the vicinity of the 6-week low

FXStreet – the important 200-day SMA is breached, Gold its downward movement further expanded and so the trade is now 1235 in the vicinity of the 6-week deep. The FOMC Statement on Wednesday has strengthened the market’s expectations in terms of a June interest rate increase and with the rising US Treasury bond yields, the […]