Now that the price has crossed last week's high, expect the gold price to continue going up. Strangely, the stop loss i entered, seems to have not been registered and the total loss was $300 instead of $200. The balance is at $600 and the equity is around $1400...
Current trend Yesterday, the British currency grew supported by the publication of favorable UK macroeconomic statistics. Later, when US data was released, US currency managed to gain back some of its losses, however, in general, a strong “bullish” potential in the pair remained...
We are holding our positions in #GOLD, #USDJPY, #EURUSD and #GPBUSD. The #market is rather high volatile before the Fed minutes publication, which may determine directions for many #Forex instruments. Discover more at Find out more by checking out the Source Link...
EURJPY: The cross remains weak and vulnerable to the downside with eyes on its support located at the 136.50 level. On the downside, support comes in at the 136.50 level where a break will aim at the 136.00 level. A turn below here will target the 135...
The crude #oil remains at the lowest level since 2009. #Quotes continue to take a lead from the situation in #China, where #stocks continue to sink down. Also #investors are looking forward to see the #US crude oil inventories data tonight. Find out more by checking out the Source Link...
The level 2 set up of MAs, fibo, ZZ and chart pattern indicate the possibility of a spike between 1126 and 1101. Hence the closed the BUY order entered in the morning with a profit and entered a SELL order of 0.4 lot size to protect the profit...
Gold prices rises before release of the minutes from the July Federal Open Market Committee meeting (trades now near $1,122). Analyst Frank Holmes said he expects gold to be stuck in the $1,000 to $1,350 range for the next six months. What will come out of this week’s Fed minutes...
The #market is volatile today as #investors are waiting for Fed minutes #release. #GPBUSD has significantly risen after the #inflation data but #bulls are cautious ahead of such important publication. #EURUSD is also waiting for the miracle...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, August 19th Japanese yen fell slightly after the country’s Adjusted Balance figure came out in red colour at -0.37T against -0.16T expected...
H4 price is located to be inside Ichimoku cloud for ranging market condition between Senkou Span lines on the border between the primary bearish and the primary bullish trend on H4 chart. The key support/resistance levels are the following: 1...
Expecting the gold price to continue going up, entered another BUY order with 0.2 lot size. It's a bit risky to enter an order so early in the day with only 1 H4 candle completed and with so low margin levels...
Today #traders will pay much attention to the Fed meeting minutes release. They hope that this publication will shed the light on CB's plans for September meeting. Find out more by checking out the Source Link...
Societe Generale and other int'l financial institutions were forecasting the price for EURUSD as 1.04/1.05 at year end...
CRUDE OIL: The commodity has put in a temporary bottom leaving risk of a move higher on the cards. Resistance is located at the 43.00 level where a break will expose the 44.00 level. A break below here will aim at the 45.00 level and then the 46.00 level...
Callum Newman, Contributing Editor, Money Morning If 2008 was the watershed year of the US subprime mortgage crisis, we could say 2015 marks a rebirth. That’s after the protracted death throes of the old cycle. I say that because the strength in the US housing market is obvious now...
Skandinaviska Enskilda Banken made some technical forecast for EUR/JPY estimating the direction and the possible targets: EUR/JPY: Targeting 137.35/08 next...
Since i am expecting the eurusd price to go up to 1.33, i find the current low ZZ near 1.01 as potential level for a BUY order. Hence entered a BUY order with 0.02 lot size just to convey the idea of BUYing from a LOW. The eurusd price close to a low ZZ in H1, H4 and MN time frames...
Now that the gold price has reached beyond 1118, as mentioned in my previous post, i would like to wait for this current candle to close...
We have received some #signals to add volume to the #order to sale in #EURUSD. #GPBUSD #quotes streamed up after the positive inflation data from the UK. Read more about these pairs and some other #instruments by checking out the Source Link...
