Tag: 50Day
Gold Price Outlook Mired by Failure to Push Back Above 50-Day SMA
Gold Price Talking PointsThe price of gold slips to a fresh monthly low ($1720) as it carves a series of lower highs and lows, and bullion may contin [...]
Slices Through the 50-Day EMA
We are getting relatively close to “The Merge” but is becoming increasingly obvious to me that perhaps we are “buying the rumor and selling the news” [...]
Gold Price Rebound Susceptible to Negative Slope in 50-Day SMA
Gold Price Talking PointsThe price of gold extends the rebound from the monthly low ($1728) as it snaps the series of lower highs and lows from last [...]
EUR/USD to Track 50-Day SMA After Testing Former Support Zone
EUR/USD Rate Talking PointsEUR/USD threatens the opening range for August as it trades to fresh weekly low (1.0122), and the exchange rate may track [...]
USD/JPY Eyes Monthly Low After Failing to Push Back Above 50-Day SMA
Japanese Yen Talking PointsUSD/JPY trades to a fresh weekly low (131.73) following the slowdown in the US Consumer Price Index (CPI), and the exchang [...]
Gold Price to Track 50-Day SMA on Failure to Clear August Opening Range
Gold Price Talking PointsThe recent recovery in the price of gold appears to be stalling as it trades in a narrow range, and the precious metal may c [...]
USD/JPY Rate Struggles to Hold Above 50-Day SMA Ahead of US CPI
Japanese Yen Talking PointsUSD/JPY pulls back from a fresh monthly high (135.58) to largely track the recent weakness in US Treasury yields, and the [...]
Gold Price Outlook Mired by Failure to Push Above 50-Day SMA
Gold Price Talking PointsThe price of gold snaps the series of higher highs and lows from last week as it pulls back from the monthly high ($1788), a [...]
Gold Price to Mirror June on Failure to Push Above 50-Day SMA
Gold Price Talking PointsThe price of gold approaches the 50-Day SMA ($1793) as it extends the series of higher highs and lows from last week, but th [...]
AUD/USD Holds Above 50-Day SMA Ahead of RBA Rate Decision
Australian Dollar Talking PointsAUD/USD trades to a fresh monthly high (0.7014) as it initiates a series of higher highs and lows, and the exchange r [...]
USD/JPY Susceptible to Larger Correction on Break Below 50-Day SMA
Japanese Yen Talking PointsUSD/JPY appears to be tracking the weakness in US Treasury yields as it snaps the opening range for July, and failure to h [...]
USD/CAD Climbs Back Above 50-Day SMA Ahead of Fed Rate Decision
Canadian Dollar Talking PointsUSD/CAD trades back above the 50-Day SMA (1.2854) as it bounces back from a fresh monthly low (1.2816), and the Federal [...]
AUD/USD to Mirror June Price Action on Failure to Hold Above 50-Day SMA
Australian Dollar Talking PointsAUD/USD trades to a fresh monthly high (0.6983) to largely track the advance across the commodity bloc currencies, bu [...]
AUD/USD Stalls at 50-day SMA as APAC Markets Weigh Growth Concerns
Australian Dollar, AUD/USD, Earnings, Crude Oil, Technical Outlook - TALKING POINTSAsia-Pacific traders face a light economic calendar ahead of a bus [...]
NZD/USD Faces Test of 50-Day SMA Ahead of Fed Rate Decision
NZD/USD stages a five day rally after clearing the opening range for July, and the exchange rate appears to be on track to test the 50-Day SMA (0.631 [...]