Professionally an Technical Analyst working since Late 2006, provide detailed intraday and short-term trading recommendation for commmodities, an commodities trader since 2003.
BanwariLal Bamalwa
Eurogroup breaks up with no agreement on Greece
Read More @ : http://paidage.in/blog/eurogroup-breaks-up-with-no-agreement-on-greece
Read More @ : http://paidage.in/blog/eurogroup-breaks-up-with-no-agreement-on-greece
BanwariLal Bamalwa
BBR : BULLION MARKET LOOKS TO BE BEARISH TODAY, GOLD IS STILL TRADING AND SUSTAINED ABOVE THE SUPPORT LEVELS, BUT SILVER IS UNDER PRESSURE AND IS TRADING CURRENTLY IN BEARISH ZONE, ANY BOUNCE TILL $1317 -$1322 IN GOLD AND AROUND $20.00 SHOULD BE A GOOD SELL LEVEL, THOUGH OVERALL MARKET TREND IS BULLISH AND WILL RECOVER BACK WITH IN A DAY OR 2, IF ANY BEARISH HAPPENS AS EXPECTED...
BanwariLal Bamalwa
"MBA Mortgage Applications have released : prev : 1.6%, Released : -2.7%, Positive for Gold and Silver, Negative for USD."
BanwariLal Bamalwa
Published post BANK OF ENGLAND: Inflation Report, August 2014
The Complete Report for Bank of England: Inflation report - August 2014, released few moments ago is available to download as .pdf file from the below link. http://www.bankofengland.co.uk/publications/Documents/inflationreport/2014/ir14aug.pdf...
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BanwariLal Bamalwa
Published post MBA’s Stevens Hails FHFA Announcement on Single GSE Security
WASHINGTON, D.C. (August 12, 2014) — Today, David H...
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BanwariLal Bamalwa
Added topic Intraday Market Outlook - Traders Perception
Advice of professional traders and Market Analysts for Intraday Market Outlook, How the market (Forex pairs, Commodities, etc.) are going to trade
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BanwariLal Bamalwa
Published post Bullion Market Intraday update for 13-Aug-2014
BBR : BULLION MARKET LOOKS TO BE RANGE BOUND THIS WEEK, OVERALL INTRADAY TREND IS POSITIVE. EXPECTING A BOUNCE TILL $1320 - $1325 IN GOLD WHEREAS SILVER IS EXPECTED TO BOUNCE TILL $20.30 LEVELS POSSIBLY... TECHNICAL SUPPORT LIES @ $1301.50 IN GOLD AND $19.75...
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BanwariLal Bamalwa
BBR : BULLION MARKET LOOKS TO BE RANGE BOUND THIS WEEK, OVERALL INTRADAY TREND IS POSITIVE. EXPECTING A BOUNCE TILL $1320 - $1325 IN GOLD WHEREAS SILVER IS EXPECTED TO BOUNCE TILL $20.30 LEVELS POSSIBLY... TECHNICAL SUPPORT LIES @ $1301.50 IN GOLD AND $19.75... SILVER IS CURRENTLY TRADING UNDER PRESSURE...
BanwariLal Bamalwa
11.08.2014 13:30 GMT+1 - GBP/USD Intraday: under pressure.
Pivot: 1.6815
Our preference: Short positions below 1.6815 with targets @ 1.6755 & 1.673 in extension.
Alternative scenario: Above 1.6815 look for further upside with 1.684 & 1.6865 as targets.
Comment: The pair stands below its resistance and remains under pressure.
Pivot: 1.6815
Our preference: Short positions below 1.6815 with targets @ 1.6755 & 1.673 in extension.
Alternative scenario: Above 1.6815 look for further upside with 1.684 & 1.6865 as targets.
Comment: The pair stands below its resistance and remains under pressure.
BanwariLal Bamalwa
11.08.2014 13:30 GMT+1 - USD/CHF Intraday: under pressure.
Pivot: 0.9085
Our preference: Short positions below 0.9085 with targets @ 0.903 & 0.901 in extension.
Alternative scenario: Above 0.9085 look for further upside with 0.9115 & 0.913 as targets.
Comment: The pair is posting a rebound but stands below its resistance.
Pivot: 0.9085
Our preference: Short positions below 0.9085 with targets @ 0.903 & 0.901 in extension.
Alternative scenario: Above 0.9085 look for further upside with 0.9115 & 0.913 as targets.
Comment: The pair is posting a rebound but stands below its resistance.
BanwariLal Bamalwa
AUD/USD Intraday: consolidation in place.
Pivot: 0.929
Our preference: Short positions below 0.929 with targets @ 0.9235 & 0.92 in extension.
Alternative scenario: Above 0.929 look for further upside with 0.934 & 0.9355 as targets.
Comment: As long as 0.929 is resistance, likely decline to 0.9235. The pair is drawing a flat consolidation in a 0.929-0.9235 trading range area.
Pivot: 0.929
Our preference: Short positions below 0.929 with targets @ 0.9235 & 0.92 in extension.
Alternative scenario: Above 0.929 look for further upside with 0.934 & 0.9355 as targets.
Comment: As long as 0.929 is resistance, likely decline to 0.9235. The pair is drawing a flat consolidation in a 0.929-0.9235 trading range area.
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BanwariLal Bamalwa
Published post 3 Reasons Why the Pound Might Keep Dropping
Looks like the pound’s glory days are over! After its steady climb since the start of the year, the U.K. currency has been having trouble sustaining its gains and here are three reasons why it could be in for more selling. 1...
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BanwariLal Bamalwa
Published post London Session Recap – Aug. 5, 2014
European Services PMI ticks lower: 54.2 vs. 55.4 forecast, 54.4 previous European Composite PMI weaker: 53.8 vs. 54.4 previous U.K. Services PMI is higher: 59.1 vs. 58 forecast, 57.7 previous European Retail Trade m/m: 0.4% vs. 0.5% forecast, 0.3% previous; y/y higher at 2.4% vs. 1...
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BanwariLal Bamalwa
ISM Non-Manufacturing PMI (Jul) RECENTLY ..... PREVIOUS : 56.0, EXPECTED : 56.3 & ACTUAL ANNOUNCED : 58.7