EUR/USD Emerging from Long Term Downtrend?

The Euro rallied to its highest levels against the U.S. dollar since March 21st in early trading on Monday – entering a fourth consecutive day of gains. EUR/USD had been in a long term downtrend dating back to February of 2018 when it reached its recent high of 1.2555. Since April, the pair began to … Read more

Gold Spikes to Fresh 5 Year Highs, Bitcoin Eyes 10K

Gold continued to rally on Friday, reaching its highest levels since September of 2013 before beating a retreat. The yellow metal powered higher after Wednesday’s FOMC meeting, where the US central bank left interest rates unchanged, but adopted a more dovish stance.

EUR/NZD Soars to 7-Month Highs

EUR/NZD rallied to its highest levels since late October in early trading on Wednesday. Looking at the daily chart above we can see that price has been in a steady uptrend since March 27th. Kiwi Slides The New Zealand Dollar drifted lower this week as the market remained focused on trade tensions between the US … Read more