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On Wednesday U.S. oil futures edged higher after data showed that U.S. stockpiles dropped more-than-expected last week, eliminating worries over the global supply glut...
Current trend The markets are hit by a new wave of uncertainty. Since the beginning of the week, prices of copper are rapidly falling. Copper widely perceived as the general indicator of world economic outlook, and therefore markets now assume the world economy outlook is getting worse...
The euro moved higher against the U.S. dollar on Wednesday, bouncing off a two-and-a-half week low after European Central Bank President Mario Draghi said it was too early decide whether or not to add stimulus measures...
Expect the eurusd price to go up to 1.124 as a retracement in a downtrend rather than as an uptrend. As mentioned in my previous posts, https://www.mql5.com/en/blogs/post/649802 the downward price movement would be highly volatile and see this upward price movement as a retracement...
EURUSD: With EUR now seen recovering ahead of its key support at the 1.1086 level, some kind of a correction could occur. But as long as that move is capped by the 1.1259/58 zone, its short term weakness triggered from the 1.1459 level remains intact. Support lies at the 1...
Expect a huge downfall in gold price from today. If the gold price crosses yesterday's high, then obviously it will continue to go up. As i had mentioned in my previous posts about the high volatility, see this up ward movement as a retracement in a downtrend rather than an upward trend...
Platinum has taken a painful blow after the Volkswagen scandal, says Edward Meir, commodities analyst with INTL FCStone...
W1 price is located to be above yearly Central Pivot at 114.36 and below R1 Pivot at 127.96: The price is on bullish ranging between pivot level at 114.36 and R1 level at 127.96; If weekly price will break R1 Pivot at 127.96 together with 125...
VW has admitted that up to 11 million vehicles it made could be misreporting their true emission levels. The markets crashed on hearing the news, wiping significant value off the company...
The Fed’s stimulus policy, which has buoyed the bull market for more than six years, has only served to confuse investors in recent days. Equities have dropped since the central bank’s decision to stand pat amid concern over global growth and financial-market rout...
The following are UBS' latest short-term (mostly intraday) trading strategies for EUR/USD, AUD/USD, and USD/CAD. EUR/USD: continues to trade heavy and it is hard to find a reason to fight this. Play the short side, looking to add ahead of 1.1160 with a stop above yesterday's high of 1.1208...
W1 price is below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bearish market condition with the secondary ranging within Fibo support level at 0.6935 and Fibo resistance level at 0.7421: 38.2% Fibo support level at 0...
Wall Street is expected to have a volatile, but positive open on Wednesday, with stock futures tilting higher after a mixed bag of manufacturing data from China and the euro zone...
BRUSSELS - The president of the European Central Bank (ECB), Mario Draghi, will speak today in hearing the European Parliament's economic affairs committee. Follow here direct from 15:00 (Italian time): http://europa.eu/!Wx77WR...
“Somebody needs to reconfigure their computer models and recognize that U.S. dollar strength is a headwind to this market,” says Michael O’Rourke, chief market strategist, in a note to clients. There’s more on that yen/S&P 500 action in his chart today...
Hello my friends, I think that trading reflect our habits. A successful trader should be an organized man in his life. He should have a dairy at which he text all important events at his live and his trading career. Dr...
On Wednesday the shared currency was lower after flash data showed that manufacturing and services output fell below expectations in September...
W1 price is above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish market condition with secondary ranging between 23.6% Fibo support level at 2.3791 and Fibo resistance level at 2.5192. If the price will break 23.6% Fibo support level at 2...
