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...
Wall Street has opened in the red territory on Monday following a terrorist attack that killed 132 people in Paris and prompted France to escalate airstrikes in Syria...
The dollar was higher on Monday, although the New York Federal Reserve’s index of manufacturing conditions contracted for the fourth straight month in November, dampening optimism over the strength of the economy, official data showed earlier...
Billionaire Wilbur Ross, a major investor in European assets, thinks the acts of terror which happened on Friday in Paris will not cause a market correction...
Travel stocks are bearing the burden of Monday’s selloff, reflecting fears that European tourism will be hit by worries over terrorism...
The shared currency remained under pressure on Monday, although data showed that consumer price inflation in the euro zone rose unexpectedly last month...
We don’t have a trade idea coming into the session as it is Monday with a very light economic calendar, and we will wait to see what kind of tone is set to begin the week. As always I suggest for you to kick-start the week by reading my currency update below...
Gold prices jumped on Monday, as markets reopened in a jittery mood in the wake of a series of suicide bombings and shootings in Paris on Friday night that left more than 130 people dead and Beirut bombings that killed 44 people...
The yen was higher on Monday despite disappointing GDP data that emphasized the world's third largest economy is still struggling...
Brent crude recovered after a steep fall on Friday, but was on track for the biggest weekly loss in more than two months...
The euro dropped on Friday after a batch of economic data coming from the euro area. Eurozone GDP missed expectations, rising just 0.3% in the third quarter...
The yen declined on Friday as investors digested comments from Federal Reserve officials for hints at prospects of a rate hike next month...
W1 price is isbelow 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition: the price broke 14.71 support level for 14.26 target which is going to be broken for now...
On Thursday copper prices dropped to the lowest level since July 2009, as the higher odds of increasing borrowing costs in the U.S. and slower global economic growth spurred risk appetite...
W1 price is located below 200 period SMA (200 SMA) and 100 period SMA (100 SMA) for the primary bearish market condition for with secondary ranging within the following key reversal support/resistance levels: 1339...
A hint from European Central Bank head Mario Draghi that further policy easing is coming in December drove European markets on Thursday, pushing stocks into the green territory briefly and pressuring the euro and bond yields...
The euro was hit on Thursday by the political turmoil in Greece as citizens protest against Greece’s third bailout. The country has until Monday to reach a compromise, and unlock €2bn in loans plus €10-bn to recapitalize its banking sector...
