As i am expecting the gold price to close near the previous high of 1168, entered another BUY order with 0.1 lot size. I have kept the stop loss near previous week's low. Expect an upward spike for price reversal to reach around 1162 for the month's close...
Current trend The ANZ Business Confidence in New Zealand for August fell to -29.1 points and reached its lowest level for 6 years...
Ichimoku analysis. Weekly price is on bearish market condition for the breakdown which was started 3 weeks ago: the price is crossing 16460.2 support level from above to below for the bearish breakdown to be continuing. Chinkou Span line crossed the price to below for good breakdown with 15190...
"We are not easily spooked, but we are not in a hurry to raise rates," was the message central bankers sent to market players at the Kansas City Federal Reserve’s annual retreat in Jackson Hole...
#USDJPY continues to recover after a small rebound that couldn't change the balance of #market forces. In #GPBUSD we are out of #trading, waiting for the market to determine a direction. Discover more by checking out the Source Link...
Ежедневный экономический дайджест от Forex.ee Следите за главными экономическими новостями вместе с нами Понедельник 31 августа Йена была сильнее сегодня утром несмотря на сократившийся объём промышленного производства в Японии. USD/JPY открыла торги на уровне 121.57, после чего упала до 120...
As of now, the eurusd price has the potential to go near the previous high of 1.17 to close for the month, as mentioned in my previous post. If it does close around this price level for this month, then the eurusd price is expected to complete the pull back to 1.099 before continuing up to 1...
As of now, the gold price has the potential to go near the previous high of 1168 to close for the month, as mentioned in my previous post...
Daily price is on primary bullish for secondary correction which was started in the beginning of the last week: the price is trying to break Ichimoku cloud from above to below with Chinkou Span line to be moved close to the price for good possible breakdown...
"While resistance at 1.1397 caps, the immediate risk is seen staying lower, and a conclusive break below 1.1214 would warn the recent break higher and completion of a base was "false", to target the 61.8% retracement level at 1.1155 next, then the 21- and 55-day averages at 1.1125/07...
Gold bulls heaped into the metal with the expectation that the turmoil clearing money related markets would at long last help restore costs. They weren't right. Rather than a rally, prospects in New York succumbed to four straight sessions even as worldwide values dove to a two-year low...
Alternatives merchants have never been so cynical on China's securities exchange, wagering the administration's restored push to prop up offer costs is destined to come up short...
President Vladimir Putin imparted a grill breakfast to Prime Minister Dmitry Medvedev as a contracting Russian economy and the defeat in developing business sector monetary forms piles weight on the recent's administration...
Four officials of Citic Securities Co., the country's biggest financier, a writer at business magazine Caijing and a staff part at the securities controller all admitted to charged wrongdoings, the state-run Xinhua News Agency said...
On #Monday, the #EconomicCalendar is not too full of important statistics. Some interesting data will be released in Switzerland, #Eurozone and the USA. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Quick Technical Overview - DAX Index: breaking Yearly Central Pivot at 9400 for the bearish reversal
Ichimoku analysis. Weekly price is on bearish breakdown for 10005.5 key support level crossing from above to below. The price is reversed to the bearish market condition by breaking the borders of Ichimoku cloud with 9214.0 as the next bearish target. Pivot Points...
GOLD: GOLD took back almost all of its previous week losses the past week to close lower on Friday. This development leaves risk lower with more weakness envisaged. However, a recovery in the new week may occur. On the downside, support comes in at the 1,115...
Here’s the market outlook for this week: EURUSD Dominant bias: Bullish Last week witnessed the greatest volatility in the markets since January 15, 2015. Between the 19th and 24th, price went up some 680 pips - topping out at the 1...
China Construction Bank Corp., the country's second-biggest moneylender, joined the club of huge Chinese banks reporting zero benefit development and rising terrible credits as the goverment battles to prop up the economy. Net salary for the three months through June 30 was 64...
