GOLD: GOLD looks to has capped its recovery strength at 1,147.87 level following the formation of a rejection candle on Tuesday. This price action suggests bear pressure could be developing. On the downside, support comes in at the 1,120.00 level where a break will aim at the 1,110.00 level...
The shared currency will be in the center of the European Central Bank's meeting this week, as a new flow of its strength put the bank's inflation target at risk...
EUR/USD: 'dancing' above Ichimoku cloud. This pair is ranging for few days to be above Ichimoku cloud: the bullish trend was started in the beginning of the last week, and the price was stopped by 1...
What to expect from EUR/USD in 2015-2016 Beyond all doubt, the vast majority of broker companies and traders consider EUR/USD as one of the major trading assets...
W1 price is on bullish market condition to be ranging between the following key levels: 125.85 key resistance level located for the bullish trend to be continuing if broken, 116...
A huge volatility in the #oil #market has a direct influence on the #USDCAD, which remains in the uptrend. We are currently out of the market in #GPBUSD, ready to open short positions if the price will close under 1.5330 for the second consecutive day...
The Chinese #economic miracle is over. Who suffers the most from problems of this Asian economy? Discover more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, September 2nd EUR/USD surged to 1.1332 in course of Tuesday trade as Chinese manufacturing PMI index came out below 50 indicating definite contraction in Chinese economy...
W1 price is on bearish ranging market condition: the price is moving within the following support/resistance levels: 1.5929 key resistance level located on the bullish area of the chart, 1.5329 key support level located in the bearish area of the chart...
Trade at your own risk Watch out for fundamentals All the best !!! Sincerely, Yantie Yaacob...
Trade At your own risk Watch out for fundamentals All the best !!! Sincerely, Yantie Yaacob...
Goldman Sachs updated forecasts for China GDP over the next three years because of pessimism over the health of the world's second largest economy: China GDP was marked to be down 2016, 2017 and 2018 projections to 6.4 percent, 6.1 percent and 5.8 percent, respectively from 6.7 percent, 6...
EURJPY: The pair resumed its short term weakness on Tuesday leaving risk of further weakness on the cards. This view remains valid while the cross trades and holds below the 136.60 level. Support comes in at the 134.50 level where a break will aim at the 134.00 level...
When the patient isn’t improving fast and the doctors are stumped, they order more tests. The Dow Jones Industrial Average fell more than 300 points at the start of trading Tuesday to below 16,200, following following sharp declines overseas...
OPEC flagged that it may cut creation later on and the U.S. brought down yield evaluations, impelling oil once again into a positively trending market not as much as a week in the wake of hitting a six-year low. Costs surged 8...
Worse than expected manufacturing data in the US, in line with many other countries around the world. The ISM manufacturing PMI fell to 51.1 points. The unemployment component is down from 52.7 to 51.2 points. The USD is down, with a probable tick lower in rate hike expectations...
Amid a week when focal saving money is the prime center of the cash market, dealers who were whipsawed in August are looking to their associates on premium rate work areas for pieces of information about whether they ought to purchase or offer the dollar. The U.S...
Evenings in the Chinese securities exchange have transformed into a sitting tight diversion for the state-supported trusts to arrive. Over each of the previous four days, China's SSE 50 Index of vast capitalization organizations has bounced back by a normal 6...
EURGBP: With the cross extending its bullish offensive on Tuesday, it faces the risk of a move further higher towards its Aug 2015 high at the 0.7421 level. On the upside, resistance lies at the 0.7450 level where a violation if seen will turn risk towards the 0.7500 level. Further out, the 0...
