Gold was down around 1.5%, while platinum and silver fell around 2%. Palladium was down just .26% and it is edging higher in early trading on Wednesday...
Metals
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29 May 2015, 12:11 #Palladium, gold
A marked downward revision in the preliminary 1Q U.S. Gross Domestic Product (GDP) report may drag on the greenback and spur a near-term rebound in EUR/USD as the Federal Reserve looks to carry its zero-interest rate policy into the second-half of 2015...
Weekly Trends
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29 May 2015, 10:45 #fundamental analysis
2015-05-29 02:00 GMT (or 04:00 MQ MT5 time) | [NZD - NBNZ Business Confidence] past data is 30.2 forecast data is n/a actual data is 15.7 according to the latest press release if actual > forecast (or previous data) = good for currency (for NZD in our case...
Forecasts
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29 May 2015, 10:11 #nzdusd
Phase I "Following the ECB QE announcement on Jan. 22, EUR/USD settled around 1.14 for 5 weeks. On Feb. 26, higher-than-expected core CPI (for Jan.) caused EUR/$ to fall two big figures to 1.12...
Trading Systems
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29 May 2015, 06:11 #Goldman Sachs
1. Financial freedom Being a successful trader not only means that you can make a lot of money, but much more importantly, it means you have freedom. You have freedom to essentially do what you want when you want, and you really can’t put a price on that. 2...
Trading Systems
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28 May 2015, 18:11 #Trading Strategies
2015-05-28 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Unemployment Claims] past data is 275K forecast data is 271K actual data is 282K according to the latest press release if actual < forecast (or previous data) = good for currency (for USD in our case...
Forecasts
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28 May 2015, 15:22 #fundamental analysis
The strong U.S. dollar has pressured precious metals since last summer. Also, the talk of interest rate hikes by the Fed is said to have negatively influenced gold...
Metals
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28 May 2015, 09:11 #stock market, gold
2015-05-28 02:30 GMT (or 04:30 MQ MT5 time) | [AUD - Private Capital Expenditure] past data is -1.7% forecast data is -2.3% actual data is -4.4% according to the latest press release if actual > forecast (or previous data) = good for currency (for AUD in our case...
Forecasts
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28 May 2015, 07:46 #fundamental analysis
An upward revision in the U.K. 1Q Gross Domestic Product (GDP) print may heighten the appeal of the British Pound and spur a near-term rebound in GBP/USD as signs of a stronger recovery raises the Bank of England’s (BoE) scope to normalize monetary policy sooner rather than later...
Trading Systems
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28 May 2015, 07:18 #fundamental analysis
The strong selloff in EURUSD since the start of last week suggests that the long-term downtrend may be resuming after a sub-50% retracement in April and early May. Friday's big Bearish Engulfing Candle, along with the break back below key previous-resistance-turned-support at 1...
Forecasts
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28 May 2015, 06:11 #price patterns