The Organization of the Petroleum Exporting Countries on Monday communicated worry about the drop in oil costs and said it stands "prepared to talk" to different makers...
I am changing the style of my title post as it might not be reaching the people with the habit of only reading the headline. Hopefully it will encourage more people to read the content instead judging it by the headline...
On Monday Goldman Sachs decreased its forecast for China's economic expansion amid mounting worries over the health of the world's second largest economy...
Our short position in #GPBUSD is still relevant, though #bears are having rest after the important resistance level. Sale orders in #EURUSD and #USDJPY are also in the #market. As for #Gold, we are waiting for an auspicious moment to act. Find out more by checking out the Source Link...
GBPUSD: GBP sold off strongly the past week leaving risk of more declines. However, we think while its key support at the 1.5329 level holds as support a move higher on recovery should occur. On the downside, support lies at the 1.5300 level where a break if seen will aim at the 1.5250 level...
Today's volatility is a great thing if you are a short-term trader. More to that, it is essential for you...
Morgan Stanley is continuing weekly forecast for the pairs based on fundamental analysis related to the direction of the trading. USD: Bullish. "We see scope for USD strength to continue...
In their recent note, analysts at Capital Economics mentioned that to a number of market participants, the recent selloff in global financial markets was the start of a bigger downturn, as the valuations of many assets remain excessively high...
As i am expecting the gold price to close near the previous high of 1168, entered another BUY order with 0.1 lot size. I have kept the stop loss near previous week's low. Expect an upward spike for price reversal to reach around 1162 for the month's close...
Current trend The ANZ Business Confidence in New Zealand for August fell to -29.1 points and reached its lowest level for 6 years...
Ichimoku analysis. Weekly price is on bearish market condition for the breakdown which was started 3 weeks ago: the price is crossing 16460.2 support level from above to below for the bearish breakdown to be continuing. Chinkou Span line crossed the price to below for good breakdown with 15190...
"We are not easily spooked, but we are not in a hurry to raise rates," was the message central bankers sent to market players at the Kansas City Federal Reserve’s annual retreat in Jackson Hole...
#USDJPY continues to recover after a small rebound that couldn't change the balance of #market forces. In #GPBUSD we are out of #trading, waiting for the market to determine a direction. Discover more by checking out the Source Link...
Ежедневный экономический дайджест от Forex.ee Следите за главными экономическими новостями вместе с нами Понедельник 31 августа Йена была сильнее сегодня утром несмотря на сократившийся объём промышленного производства в Японии. USD/JPY открыла торги на уровне 121.57, после чего упала до 120...
As of now, the eurusd price has the potential to go near the previous high of 1.17 to close for the month, as mentioned in my previous post. If it does close around this price level for this month, then the eurusd price is expected to complete the pull back to 1.099 before continuing up to 1...
As of now, the gold price has the potential to go near the previous high of 1168 to close for the month, as mentioned in my previous post...
Daily price is on primary bullish for secondary correction which was started in the beginning of the last week: the price is trying to break Ichimoku cloud from above to below with Chinkou Span line to be moved close to the price for good possible breakdown...
"While resistance at 1.1397 caps, the immediate risk is seen staying lower, and a conclusive break below 1.1214 would warn the recent break higher and completion of a base was "false", to target the 61.8% retracement level at 1.1155 next, then the 21- and 55-day averages at 1.1125/07...
Gold bulls heaped into the metal with the expectation that the turmoil clearing money related markets would at long last help restore costs. They weren't right. Rather than a rally, prospects in New York succumbed to four straight sessions even as worldwide values dove to a two-year low...
