Current trend On Monday, during the trading session, Brent crude oil lost more than 70 points. The fall was caused by of the sharp fall of the Chinese Shanghai Composite by 8.48%: the market is very sensitive to any weakness in China’s economy, as it is the largest importer of raw materials...
H4 price is on primary bullish market condition with secondary ranging between 1.1128 resistance and 1.1049 support levels which are located above Ichimoku cloud and far above Senkou Span A line which is the virtual border between the primary bullish and the primary bearish on the chart...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish market condition: The price is on downtrend for trying to break Fibo support level at 0...
US Dollar - "The FOMC decision is certainly the most direct update we will find for gauging monetary policy, but it may not provide the distinct resolution traders are looking for...
The single cash exchanged quiet against Asian adversaries Japan in the early morning, keeping the EUR/JPY at the maximum furthest reaches of the handle 136, as the euro stays upheld on the weight on the dollar and playful German information while the yen likewise discovered backing in China's sto...
In accordance with the MACD 1 hour, the movement of the EUR / CHF has reached the highest intraday momentum of trading last month. Prudence advised not to do at the climax of the sale and purchase for heavy flow can occur...
Wall Street posted losses on Monday despite positive durable orders goods in June, as the heavy punch from China drove stock indices lower...
Description Cruscotto is the ultimate currency strength/weakness indicator. It monitors the status of the 8 major currencies, gold and oil in real time, using the data coming from 6 different time frames: from 15 minutes up to one month of data...
This is a mineral rich area A wide variety of mineral deposits are found in the Murmansk area and this is why the entire regional economy are involved in the extraction and also in the processing of various types of minerals...
Understanding the facts Australia are in the fortunate position that iron ore could be found basically all over the country. It is however in the western parts of the country that most of its iron resources could be found...
W1 price is located below and near 200 SMA and 100 SMA for the primary bearish: the price is ranging between 1.4565 support level and Fibo resistance level at 1.5929: 1.4565 support level is located below 200/100 SMA which are located far below this level; Fibo resistance level at 1...
"The Fed policy statement release may actually halt the USD bulls," said IG's market strategist Evan Lucas in a Monday note...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish: the price is ranging between 1.0461 support level and Fibo resistance level at 1.1467: The price is ranging between 1.0461 support level and Fibo resistance level at 1.1467; The price is breaking Fibo level at 1...
Now that H4 MA is touched, will think about exiting the trade if the current H4 candle remains black at close. So, going to wait till the close of this candle...
“We are lowering our forecast to $1,150 per troy ounce by year-end (from $1,250 previously), but still expect prices to rise in the medium to long term, as we expect the headwind for gold to ease noticeably after the Fed’s first interest-rate hike,” Commerzbank said Friday, as the yellow metal hi...
XAU/USD: bearish to below 1K. This pair is on bearish market condition for all timeframes started with H1 for example. The price is breaking 1086...
Current trend On Friday, the pair XAU/USD reached its 5-years low near the level of 1077.20 but managed to correct upwards after. Amongst other reasons, that was a result of the poor manufacturing data form China, which came out worse than already pessimistic forecasts...
Daily price is on bearish market condition for ranging between the followings/r levels: 1.0807 key support level located below Ichimoku cloud and far below Senkou Span A line on the bearish area of the chart, and 1...
Goldman Sachs' chief equity strategist David Kostin made a long-term macro forecast for S&P 500, currencies, energy, metals and equity, and - after summarizing all those market forecasts - he decided that things aren't looking good this year...
