Tag: SMA
Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA
Gold Price Talking PointsThe price of gold initiates a series of higher highs and lows as it bounces back from a fresh monthly low ($1617), and the precious metal may attempt to test...
EUR/USD Rebound Fizzles Ahead of 50-Day SMA
EUR/USD Rate Talking PointsEUR/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 depreciate over the coming days...
EUR/USD Rate Rebounds Ahead of Yearly Low to Approach 50-Day SMA
EUR/USD Rate Talking PointsEUR/USD carves a series of higher highs and lows following the kneejerk reaction to the US Consumer Price Index (CPI), and the exchange rate appears to be on track to...
EUR/USD Reverses Ahead of 50-Day SMA to Snap Monthly Opening Range
EUR/USD Rate Talking PointsEUR/USD trades in a narrow range after snapping the series of lower highs and lows from last week, but failure to defend the opening range for October may lead to...
Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA
Crude Oil Price Talking PointsThe price of oil extends the advance from the start of the week as the Organization of Petroleum Exporting Countries (OPEC) announce plans to cut production, but crude may...
Gold Price Climbs Above 50-Day SMA to Approach September High
Gold Price Talking PointsThe price of gold clears the former-support zone around the July low ($1681) as it extends the series of higher highs and lows from last week, with bullion on the...
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