TRADING RECOMMENDATIONS According to the data presented on Friday, US GDP increased in the 2nd quarter by 1.2% seasonally adjusted, that is much less than expected by the forecast (+ 2.6%). The average annual growth of US GDP in the current economic cycle remains the weakest since at least 1949...
AUD/USD Intra-Day Fundamentals: RBA Cash Rate and 59 pips range price movement 2016-08-02 04:30 GMT | [AUD - RBA Cash Rate] past data is 1.75% forecast data is 1.50% actual data is 1.50% according to the latest press release...
Content courtesy of Tallinex Limited https://www.tallinex.com GOLD (XAUUSD) Dominant bias: Bullish Gold moved upwards during the first few days of July and then began to consolidate to the downside - a consolidation that was conspicuous from July 13 to 27...
After New York closing bell, according to volatility and direction parameters noticed on the majors ( EUR, GBP, JPY, USD ), I purpose my advise on the likely scenario, for the next daily market session...
USDCHF: With the pair closing lower on sell off the past week and following through lower during Monday trading session, more decline is envisaged. On the downside, support lies at the 0.9600 level. A turn below here will open the door for more weakness towards the 0.9550 level and then the 0...
Summary : Target Level : 1.3198 Target Period : 5 hours Analysis : Triangle identified at 01-Aug-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.32 within the next 5 hours...
Binary options basic has been around for decades but the internet has made it available for general public who can now trade online with the help of online brokers. Nowadays, any person who has the knowledge and money to make such investments can now trade binary online...
GOLD: Having the commodity closed higher the past week, more strength is envisaged. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level...
After New York closing bell, according to volatility and direction parameters noticed on the majors ( EUR, GBP, JPY, USD ), I purpose my advise on the likely scenario, for the next daily market session...
Here’s the market outlook for this week: Content courtesy of Tallinex Limited https://www.tallinex.com EURUSD Dominant bias: Bullish A bullish journey ensued last week - going up 230 pips before topping out at 1.1195 and closing above the support line at 1.1150...
EURUSD: With the pair halting its weakness to close higher the past week, we look for more strength to build up in the days ahead. Support lies at the 1.1100 level. Further down, support comes in at the 1.1050 level where a violation will aim at the 1.1000 level. A break of here will target the 1...
Daily price is located below Ichimoku cloud in the bearish area of the chart: the price is on secondary bear market rally to be started on Friday with 1.1191 resistance level to be crossed to above for the rally to be continuing...