Author Archives   /   656 articles found

Usman Ahmed

Gold Rallies As Bulls Remain in Control

Gold inched higher on Wednesday, increasing the price of yellow metal to more than $1340.00 an ounce after some key economic releases. The technical bias remains bullish because of a higher high in the ongoing upside move. XAU/USD Technical Analysis As of this writing, the precious metal is [Read more...]

Aussie Dollar Plunges As Bears Gain Momentum

The Australian Dollar (AUD) inched lower against the US Dollar (USD) on Monday, decreasing the price of AUDUSD to less than 0.8000 following some key economic releases. The technical bias shall remain bearish because of a lower low in the ongoing downside move. AUD/USD Technical Analysis As of [Read more...]

Cable Rallies amid US Housing Data

The Great Britain Pound (GBP) inched higher against the US Dollar (USD) on Friday, increasing the price of GBPUSD to more than 1.3900 following some key economic events. The technical bias remains bullish because of a higher low in the recent downside move. GBP/USD Technical Analysis As of this [Read more...]

Euro Rises after Germany’s Consumer Prices Data

The Euro (EUR) inched higher against the US Dollar (USD) on Wednesday, increasing the price of EURUSD to more than 1.2250 following some key economic events. The technical bias has turned bullish because of a higher high in the recent upside rally. EUR/USD Technical Analysis As of this writing, [Read more...]

Euro Rallies amid US Consumer Price Index News

The Euro (EUR) inched higher against the US Dollar (USD) on Monday, increasing the price of EURUSD to more than 1.2150 following some key economic events. The technical bias has turned bullish because of a higher high in the recent upside rally. EUR/USD Technical Analysis As of this writing, [Read more...]

Gold Rallies As Bulls Gain Momentum

Gold inched higher on Friday, increasing the price of yellow metal to more than $1320.00 an ounce after some key economic releases. The technical bias remains bearish because of a lower low in the recent downside move. XAU/USD Technical Analysis As of this writing, the precious metal is being [Read more...]

Aussie Dollar Remains Vulnerable amid Jolts Job Opening News

The Australian Dollar (AUD) inched higher against the US Dollar (USD) on Wednesday, increasing the price of AUDUSD to more than 0.7800 following some key economic releases. The technical bias shall remain bearish because of a lower low in the ongoing downside move. AUD/USD Technical Analysis As [Read more...]

GBPUSD Poised for Downside Move amid NFP News

The Great Britain Pound (GBP) inched lower against the US Dollar (USD) on Monday, decreasing the price of GBPUSD to less than 1.3550 following some key economic events. The technical bias remains bullish because of a higher low in the recent downside move. GBP/USD Technical Analysis As of this [Read more...]

Euro Inches Lower amid US Jobless Claims News

The Euro (EUR) inched lower against the US Dollar (USD) on Friday, decreasing the price of EURUSD to less than 1.2100 following some key economic events. The technical bias has turned bullish because of a higher high in the recent upside rally. EUR/USD Technical Analysis As of this writing, the [Read more...]

Gold Slides Down After US Manufacturing PMI News

Gold inched lower on Wednesday, decreasing the price of yellow metal to less than $1320.00 an ounce after some key economic releases. The technical bias remains bearish because of a lower low in the recent downside move. XAU/USD Technical Analysis As of this writing, the precious metal is being [Read more...]