Crude oil inched higher in early Asia on Monday as investors focused on prospects for growth-driven demand in China and Europe in data sets later this week. On the New York Mercantile Exchange, crude oil for delivery in November rose 0.14% to $45.09 a barrel...
I had mentioned in the previous post about the improbability of a price rise in eurusd. https://www.mql5.com/en/blogs/post/649455. Even in the analysis of the gold price movement,https://www.mql5...
What #economic #events are key this week (September 21 – 25)? #Traders will expect PMI data to be published in the euro zone and China. Also some very important statistical reports will be released on Thursday in the USA. Find out more by checking out the Source Link...
GBPJPY Sideways, Beware Area 188.80 or 185.00 - Bias for GBPJPY still tend sideways movement with the potential movement seen among 185.00 area (MA 100) - 188.80 (MA 200) in the 4 hours chart, it is necessary to penetrate one side to get further instructions. To the downside, before aiming to 185...
Compared with the previous week, this week's economic calendar is lighter. High volatility is not expected due to the absence of heavyweight reports. However, several important speeches will be closely monitored...
Gold Bullish, Beware Stochastic overbought at H4 - Bias potential for the movement of gold is still bullish for today, especially for the price moves above the signal MA 50-100-200 in the 4 hours chart...
To Stronger, Sterling Need Skip 1.5560 - Sterling began to rise after the open gap down in trading today, but to rise further, the British currency must pass through 1.5560 resistance. MACD and stochastic indicators are moving down put pressure on sterling. A further decline to test 1...
Euro Rebound, Resistance 1.1330 - Stochastic indicator which is in overbought territory and provide an opportunity to move up the euro rebound. However the MACD moving down is likely to limit the strengthening of the euro...
#EURUSD suffers from sentiment changing of #market players. It seemed that #bulls have the situation under control after the Fed's decision announcement, but now the support line is tested. Find out more by checking out the Source Link...
Canadian dollar is still weak due to the negative dynamics of #oil prices. It's recommended to wait until #USDCAD will reach August highs. Find out more by checking out the Source Link...
Daily economic digest from Forex.ee Stay informed of the key economic events Monday, September 21st NZD/USD is lower after a downbeat consumer sentiment report. NZD/USD opened trades at 0.6396 and fell to 0...
Daily price is on bullish market condition for secondary ranging between the following support/resistance levels: 1.1713 key resistance level located far above Ichimoku cloud in the primary bullish area of the chart; 1...
As the gold price went beyond my expectation of 1118, threatening to wipe out the demo account, i still see the possibility of the gold price going down more probable than it going up. If it goes up, expect it to go up to 1500...
Monday's Asian session was calm, as #markets in Japan are closed. Over the weekend, parliamentary elections were holding in Greece, and as a result Alexis #Tsipras and #Syriza remained in power. #Gold is #trading under pressure amid this #news, while #oil is recovering...
The dovish FOMC was on Thursday at 19:00 GMT so the major banks are made a forecast about the USD after FOMC. Morgan Stanley: "Long USD positioning is vulnerable over coming days and perhaps weeks...But USD Impact Temporary. Our structurally bullish USD view has never been Fed-focused...
EURJPY: With the cross selling off on Friday to close the week lower, we envisage a follow-through lower in the days ahead. Support comes in at the 135.00 level where a break will aim at the 134.50 level. A turn below here will target the 134.00 level with a breach turning focus to the 133...
His Dovish The Fed cause the greenback debilitated against every single major currencie with the exception of against the Euro a week ago because of benefit taking after EUR/USD rally for 3 weeks. The FOMC has chosen not to raise interest rates this month and find in holding at level 0% to 0...
GOLD: The commodity triggered a recovery the past week to close higher suggesting further upside. However, we may see a move lower while the 1147.87 level continues to hold as resistance. On the downside, support comes in at the 1127.00 level where a break will aim at the 1115.00 level...
