I had mentioned about a retracement in the gold price to above 1183 in my previous post, while being cautious of a drastic fall. https://www.mql5.com/en/blogs/post/653974...
W1 price is below Ichimoku cloud for the primary bearish with secondary ranging between 0.6911 support level and 0.7381 resistance level. The price is trying to break 0.7067 support level from above to below for the bearish breakdown to be continuing. If the price will break 0...
Chinese Data Preview: Analysts from TD Securities give their impressions about the possible numbers from the next Chinese economic reports that include retail sales, industrial production and inflation. USDJPY: So far, today’s decline should be considered a bearish correction...
For today R4 - 1.5243 / R3 - 1.5219 / R2 - 1.5201 / R1 - 1.5155 SPOT 1.5048 S1 - 1.4960 / S2 - 1.4913 / S3 - 1.4888 / S4 - 1.4857 SELL AT 1.5100 FOR 1.4860 STOP AT 1.5160 How to trade support & resistance levels To see more ideas, check my blog Or follow on Twitter...
Morgan Stanley made weekly forecast for USD/CHF suggesting to buy at 1.0250 as take profit target with 0.9780 stop loss. Let's evaluate the situation related with this forecast with the technical point of view. USD/CHF: breakout with multiply resistance levels to be crossed...
In the aftermath of a strong U.S. employment report Friday, two financial bodies lowered their forecasts for the precious metals sector...
This week, Friday will be the busiest day again, when the USA will release another piece of important statistics, which can serve as proof of the Fed rate hike in December. What are this week key economic events? Find them all by checking out the Source Link...
In the fourth quarter, stocks have surged 9 percent from their lows and are now on their path to hit record highs. Meanwhile, one strategist says there are two areas which will inevitably win...
Trading recommendations and Technical Analysis – HERE! On Sunday came the negative data on the trade balance of China. Together with the decline in exports in October (-6.9%) greatly reduced imports (-18.8...
The Bank of England should increase borrowing costs as early as next year to help restrain possible price pressures, says the Organisation for Economic Co-operation and Development...
Ichimoku analysis. Weekly price is on bullish condition for the secondary correction: the price is moved along 'reversal' Senkou Span line which is the border between the bearish and the bullish on the chart...
The Paris-based thinktank has released a warning that global growth is threatened by the impact of China’s slowdown on world trade, but has also raised its forecast for U.S. growth...
#Quotes of #USDJPY have sharply moved to new highs after surprisingly positive statistics on employment in the United States. It is recommended to hold long positions with the target of 125.25, where earlier the last downward impulse has started, and then - to thirteen-year highs...
A downward movement of #Gold continued with renewed vigor. #Quotes have left a rising #price channel of the last few months down, confidently passing a number of important support levels. #Trend #indicators also confirm the downtrend. Find out more by checking out the Source Link...
Most famous traders in the world usually do not yield a massive profit on a single deal. Instead of it, they spend a lot of time analyzing markets, placing orders, and making a moderate and consistent success. In the course of time, small profits accumulate and generate really big money...
This week looks calmer, especially compared to the previous two. The dollar continues to rise against its peers after the U.S. government reported a surge in hiring last month and the lowest unemployment rate in seven years. The Non-Farm Payrolls report showed the U.S...
Morgan Stanley made weekly forecast for NZD/USD suggesting to sell this pair at 0.6500 level with 0.6350 as the target. Let's evaluate the situation related with this forecast in the technical point of view. NZD/USD: breakdown with bearish reversal...
The price is on bearish breakdown for crossing 1.0807 support level from above to below for the breakdown to be continuing with 1.0461 as the next bearish target...
The #dollar rose vs. major competitors to seven-month highs. The U.S. #economy had added 271,000 #jobs, which far exceeded the expected 180 000. It was a signal the market had expected to finally make sure: the #Fed will increase the rate in December. Find out more by checking out the Source Link...