Pound forecasts from Goldman Sachs suggest gains of 12 pct lie ahead. Those hoping for a higher pound sterling will welcome news that the entrenched uptrend will continue...
#Gold rallies in the #CommodityMarket, but #Copper is near 6-year lows. #PreciousMetals are influenced with the yuan devaluation by the People's Bank of #China. Find out more by checking out the Source Link...
Current trend On Tuesday, the USD/CHF pair resumed its growth after some correction in the US against its major competitors. As a result, the pair reached its highs since the end of March...
Mining Stocks Are Taking a Beating. Glencore Plc drove a worldwide droop in mining shares on concern China's choice to downgrade the yuan will sap interest for products. Glencore, the mining and things organization drove by extremely rich person Ivan Glasenberg, tumbled 7...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA ranging between key s/r levels: the price crossed 1.1215 support level on close weekly bar for the 1.0807 as the next target to the way to 1.0461; descending triangle pattern was fomed with 1...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 12th AUD/USD has declined to 0.7264 affected by yesterday’s massive yuan devaluation and today’s downbeat data from China...
Oil dropped to the most reduced level in right around five months in New York as a recuperation in Iranian generation pushed OPEC supplies to the most elevated in over three years. West Texas Intermediate prospects fell as much as 4.4 percent...
On Wednesday People's #Bank of #China has weakened the yuan again, so this factor continues to influence financial #markets. Thus, #AUD and #CAD are declining, as well as the Asian #StockMarket. Find out more by checking out the Source Link...
GBP/USD: ranging within refined level. The pair is ranging in refined consoludating levels between 1.5329/1.4565 support and 1.5689/1.5929 resistance. The key levels here are the following: 1...
W1 price is located to be above yearly Central Pivot at 1237.48 and below S1 Pivot at 1082.97: The price is on bearish ranging between yearly Central Pivot at 1237.48 and S1 Pivot at 1082.97. The price is breaking descending triangle pattern from above to below together with S1 Pivot at 1082...
The important data will be published today in #China and the #UK. Statistics on the British labor #market may give #investors new reasons to discuss the possibility of BOE rate hike. Find out more by checking out the Source Link...
With the yellow MA locked above black MA in all time frames, except MN and confirmation from key fibo levels and ZZ, keeping my BUY order open as i expect the eurusd price to reach 1.142. It is interesting that gold also has a resistance level around 1142...
I have marked the potential price levels to the previous levels. We saw that the 1113 level was resisted yesterday and having completed the retracement, the gold price seems to be set to go to the next price level of 1142. Obviously there is a possibility of it going to 1091...
China cheapened the yuan in a move that undulated through worldwide markets, as strategy producers ventured up endeavors to bolster exporters and help the part of business sector evaluating in Asia's biggest economy. The national bank cut its day by day reference rate by 1...
OPEC pumped the most unrefined a month ago in over three years as Iran restored yield to the largest amount following global approvals were fortified in 2012...
I still believe that the eurusd price is going to 1.33, in spite of so many experts believing the other way round. At least in gold, started seeing some posts supporting the possibility of gold up trend in the short term but nothing like that in the case of eurusd...
Spain's Strong Economic Growth Held Back By Banking, But Not For Long. Watch out Europe, Spain, once considered a harried monetary area soiled somewhere down under water and unemployment, has turned into a relative powerhouse...
As mentioned in my previous post https://www.mql5.com/en/blogs/post/646368, gold price did face a resistance around 1113. As the gold price went to low of about 1094 today morning, i am not sure if the gold price will retrace to 1091.5...