Tag: day trading forex
The Craze for Silver
Silver mining stocks were, inevitably, the standout winners in European markets on Monday morning after a slew of reports highlighting a surge in interest for the metal by retail traders, …
Read More Will Silver Set to Dive Back Below 26.00?
XAG/USD traded in a consolidative manner on Monday and during the European morning Tuesday, staying slightly above the 26.00 support zone, hit on Friday. Overall, although the white metal continues …
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Could NZD/CAD be Poised to Continue with the Downtrend?
NZD/CAD traded lower on Friday, after hitting resistance near the 0.8640 barrier. That said, today, the pair rebounded somewhat, even before hitting Thursday’s low of 0.8575. Overall, NZD/CAD continues to …
Read More NZD/JPY what is in store
NZD/JPY traded lower on Monday, after hitting resistance slightly below the 70.70 hurdle, which prevented the rate from drifting higher between July 6th and 13th. Overall, since July 2nd, the …
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Is Gold Heading Up
XAU/USD traded higher on Friday, after it hit support near the 1712 level. The recovery drove the price above the downside resistance line drawn from the high of May 18th, …
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