Gold could be a market mover this week, or it might continue to trade sideways. Analyst Frank Holmes is interviewed by Kitco News' Daniela Cambone for his view on what to expect from gold this week...
W1 price is located below 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging between Fibo support level at 0.6935 and Fibo resistance level at 0.7421, and 100-SMA is moved to be below 200-SMA for the bearish trend to be continuing...
#GBPUSD "fired" up and passed 2 figures, having reached the important #resistance level. Here the #market will wait for today's #statistics from the UK, which may determine the further dynamics. Find out more by checking out the Source Link...
#USDCAD is close to the lower boundary of the #price channel, which suggests #purchases. But it is recommended to wait for the meeting of the Bank of Canada before #trading. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
H4 price is on breakdown trying to cross 1.3176 support level from above to below for the breakdown to be continuing. The price broke Ichimoku cloud and reversed from the primary bullish to the primary bearish market condition on H4 timeframe...
AUDUSD: AUDUSD took off strongly on Tuesday following its corrective strength. On the upside, resistance lies at the 0.7100 level. A cut through here will turn attention to the 0.7150 level and then the 0.7200 level where a violation will set the stage for a retarget of the 0.7250 level...
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At another Blog here I showed that there is a 81% probability that the USD Index makes its low or high on January/February and it seems that this year we may see a great advance in the USD Index until which might begin as soon as the High & Tight flag formation complete and break out happen...
EURJPY: With the cross following through higher on the back of its Monday gains on Tuesday, it looks to retest its key resistance at the 134.98 level. Support comes in at the 133.50 level where a break will aim at the 133.00 level. A turn below here will target the 132...
In recent weeks, many market players have raised concerns over China’s growth prospects, even calling for the Federal Reserve to postpone raising rates during the height of the turmoil, but one economist says these fears are exaggerated...
With the gold price retracing to previous day's high, see the possibility of a stronger downward fall. Expect gold price to reach around 1011 and then retrace to 1071 before continuing to go down further...
http://free-bonus-deposit.blogspot.com/2015/03/abcd-patternn-wave.html...
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EURUSD: EUR lost upside momentum during Tuesday trading session today leaving risk of further downside pressure on the cards. A follow through lower is expected to create scope for more weakness which is consistent with its short term downtrend. Support lies at the 1...
Current trend The AUD strengthening today was due to improving business conditions in August in Australia, according to the latest data. However, in the second quarter the Australian GDP only grew by 0.2%, compared to a 0.9% growth for the first quarter...
Barclays made a forecast for this week concerning EUR/USD related to funbdamental factors such as the following: "With the last employment report before the September meeting over, we think that markets will square positions ahead of the FOMC decision on September 17...
#Pound has surprised #market participants when #GBPUSD has suddenly turned around and began to grow. #VistaBrokers analysts name several reasons for this. Find them all by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
As of now, the eurusd price seems to be in the perfect set up for a FREE FALL in the coming weeks. The complete set of moving averages, fibo levels and zz indicate the possibility of a SELL trend. Unless and until the eurusd price goes above the previous week's high, the fall seems to be certain...
