US Pushes For Iran Arms Embargo Extension
US Applying Pressure Tensions between the US and Iran are running hot again this week as Iran responds to the US effort to extend the current UN...
Posted On 05 May 2020
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//May 5, 2020
WTI Crude Oil Rally Continues For The Fourth Consecutive Session
WTI Crude oil prices are up nearly 12% on the day. It was the fourth consecutive session of gains. With the price level at 17.80 being cleared,...
Posted On 05 May 2020
XAUUSD Holds Steady Ahead Of A Breakout
Gold prices are trading modestly flat with the bias staying mixed at the moment. Price action is caught between the resistance and support levels...
Posted On 05 May 2020
Sterling Slips Back Below 1.2485 After Rally Fizzles Out
The British pound sterling is back on the downside. The declines come as price action failed to capitalize on the bullish momentum from last...
Posted On 05 May 2020
Euro Fails To Breakout Above 1.1000
The euro is paring gains from last week as price failed to breakout above the 1.1000 level of resistance. Gapping lower on the open, prices...
Posted On 05 May 2020
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Trading plan for EUR/USD for May 5, 2020
Technical outlook: EUR/USD has been retracing lower since 1.1020 highs last week. The correction might find support near 1.0800 levels, marked as...
Posted On 05 May 2020
Fractal analysis of Gold, Silver, Oil, and Natural Gas on May 5, 2020
Forecast for May 5: Analytical review in H1 scale: For Gold, the main key levels on the H1 scale are: 1740.22, 1731.37, 1717.46, 1707.34,...
Posted On 05 May 2020
GBP/USD Displays Reversal Patterns! May 5, 2020
GBP/USD is trading at 1.2455 and it seems a further trajectory is unclear after the failure to make another higher high. The pair has shown...
Posted On 05 May 2020
Markets take a temporary break before Friday’s employment report; Overview of CAD and JPY
Markets are set up complacently on Tuesday morning, US stock indexes showed a slight increase the day before, oil is trying to push off the base,...
Posted On 05 May 2020
Technical Analysis of BTC/USD for May 5, 2020
Crypto Industry News: The crypto market Paxful announced today the extension of its charity initiative in Africa, with the launch of Fund for...
Posted On 05 May 2020
Technical Analysis of ETH/USD for May 5, 2020
Crypto Industry News: The number of Ethereum blocks has just reached 10 million. This is a significant milestone for the world’s second...
Posted On 05 May 2020
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Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
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