W1 price is located below 200 period SMA (200-SMA) and below 100 period SMA (100-SMA) for the primary bullish with ranging between Fibo resistance level at 1.1466 and Fibo support level at 1.0807: descending triangle pattern with 1...
Hope you were able to enter a BUY order in all this mayhem. My heart goes out to all those who entered a stop loss near yesterday's or previous day's low in gold. Hope we learn something out of this...
This trading week ended with some interesting result for EURUSD: seems - the ranging time is finished for this pair, and we can expect the bearish breakdown for the next week for example. EURUSD D1 price is on primary bearish with secondary ranging between 1.1113 resistance and 1...
W1 price is located to be below yearly Central Pivot at 17.41 and above S1 Pivot at 12.66: The price is on bearish ranging between yearly Central Pivot at 17.41 and S1 Pivot at 12.66; The price is breaking descending triangle pattern with 14...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: September vs December rate hike. What is the consensus...
XAU/USD: ranging below yearly Central Pivot. This pair is on bearish ranging below Central Pivot at 1237.48 for trying to break S1 Pivot at 1082.97 on close weekly bar for the bearish trend to be continuing. The key target in our case is 1077...
Tightness is in the air in financial #markets. #Gold is rising prior to non-farm payrolls release in the #USA. Find out more by checking out the Source Link. #FundamentalAnalysis #ForexTrading #Investing #Traders #VistaBrokers #Trading #Forex...
I generally do not follow EUR/USD, but the strategy of BUY low and SELL high is applicable to any type of instrument. You can check out my other posts on forex gold prices...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, August 7th AUD/USD is moving up despite worse than expected home loans data from Australia. With the current market price of aussie at 0.7374 the pair was supported by the positive RBA statement...
Current trend The USD/JPY pair stabilised after the publication of the Bank of Japan Minutes and prior to the publication of the key US statistics. As expected, the Bank of Japan kept its key interest rate at 0%. The quantitative easing program also left unchanged at 80 trillion yen a year...
The big question for today is whether the US #employment change data gives another signal that the Fed will raise rates in September? Find out more by checking out the Source Link...
The Royal Bank of Scotland (RBS) made forecast concerning the following coming high impacted news events: Non-Farm Payrolls (or Non-Farm Employment Change) - they made a forecast for non-farm payroll growth of 250K in July, above the listed consensus of 225K...
While there is no doubt that gold is on a SELL trend, i see the possibility of a retracement in MN time frame. As of now, there are some indications from level 3 set up but there is no confirmation yet. It is for this reason that i have kept the BUY order open adamantly without closing it...
Friday is full of statistics, which will be published in the #USA, the #UK, #Canada etc. The Non-Farm Payrolls data is considered to be one of the most important one for this day and even a week. Discover more by checking out the Source Link...
Credit Suisse made a forecast for Non-Farm Employment Change for this week with detailed explanation about what to expect for example: "We continue to see an asymmetry in favor of the USD going into Friday’s US employment data...
CRUDE OIL: Though maintaining its broader weakness, Crude Oil may see a recovery higher on correction in the days ahead. Resistance is located at the 46.00 level where a break will expose the 47.00 level. A break below here will aim at the 48.00 level and then the 49.00 level...
The BAD: this YEAR is very bad years after a decade of much benefit in emerging markets, said Harvard Kennedy School economists, Carmen Reinhart, one of the world's leading experts on the financial crisis and the country's economy growing...
Stocks on Wall Street ended mostly higher on Wednesday (Thursday morning GMT), after the u.s. economic data varies, but a disappointing earnings report from Disney pressed the Dow lower. Dow Jones Industrial Average slumped 10,22 points (0.06 percent) to close at 17.540, 47...
Prime Minister Alexis Tsipras said, Greece was increasingly approaching the conclusion of a deal with the lender for a multi-billion euro bailout, which he said will end the doubt in respect of the position of Athens in the euro zone...
