The British currency rose after the deputy governor of the Bank of England for monetary policy warned investors about "focusing too obsessively" on the inflation targets when considering when interest rates may rise...
On Wednesday gold prices dropped to a five-and-a-half-year low, as market players awaited minutes from the Federal Reserve's latest policy meeting later in the day...
On Wednesday oil prices edged higher on reports of declining stockpiles and higher refinery activity. However, analysts warn that the market would be pressured for the rest of 2015 and further in 2016...
The next major tradable event is release of meeting minutes from the FOMC’s recent decision on monetary policy (7:00pm GMT). Our long-dollar bias remains intact. Current Market Sentiment: During yesterday’s NY session US CPI came in close to expectations overall; headline CPI for October was 0...
The Australian dollar fluctuated between small gains and losses on Wednesday as wage-price data came in as expected. Meanwhile, global stocks were mixed after the news a football stadium in Germany was evacuated on suspicions of a new act of terrorism...
W1 price is continuing with bullish trend: the price broke symmetric triangle pattern to above for the primary bullish market condition to be continuing. The price is ranging within the following key support/resistance levels: 2...
The greenback has risen to a seven-month high against the euro on Tuesday with several financial companies predicting euro-dollar parity in the near future...
XAG/USD is on bearish market condition to be below 100 period SMA (100 SMA) and 200 period SMA (200 SMA) for 14.26 support level to be crossed from above to below for the bearish trend to be continuing. And 13.96 is the next bearish target for November...
Data released earlier by the ZEW institute showed that German investor confidence has bounced back. The euro, however, showed a muted reaction to the report...
On Tuesday official data showed that consumer price inflation in the U.K. remained in negative territory for the second straight month in October, which highlights worries over deflationary pressures and a view that interest rates will remain unchanged at record-lows in the near future...
On Tuesday oil prices gave up earlier gains obtained after the Paris attacks and the French airstrikes in Syria, and traders began to focus on the global glut in petroleum products again...
The Aussie advanced on Tuesday after minutes of the central bank's November board meeting noted there was room for further easing, although with overall conditions accomodative...
Crude Oil: bearish breakdown. The price is on primary bearish market condition located below 100 period SMA (100 SMA) and 200 period SMA (200 SMA). The price broke 46.22 support level from above to below for 42.18 as the next bearish target. if the price breaks 54...
Credit Agricole made a fundamental forecast for Gold for November this year predicting the bearish market condition to be continuing. As we see from the chart below - XAU/USD is on primary bearish to be below 100 SMA/200 SMA for 1085...