Zak Mir, specialized examiner at Share Prophet took us through the morning specialized round up on Tip TV today covering the FTSE100, EUR/USD. USD/JPY and the S&P 500...
H4 price is on breakout crossed Senkou Span A line (which is the virtual border between the primary bullish and the primary bearish on the chart) to come to the bullish area to be inside Ichimoku cloud for secondary ranging market condition. Fow now - the price is trying to break 1...
Peter Hug, global trading CEO at Kitco Metals, who one week ago predicted a 5% drop was close, is now being interviewed by Kitco News. He says the psychological level for gold may be of a $1000 an ounce...
W1 price is on primary bearish market condition for trying to break 1.4253 resistance level together with Senkou Span A line which is the virtual border between the primary bullish and the primary bearish on the chart. If the price breaks 1...
Current trend The GBP/USD pair keeps trading flat near the local high at 1.5700. For the GBP, the opening of the current trading week was not so favorable, but after the Bank of England released its Minutes on Wednesday, the pound managed to gain back its losses...
The euro is enjoying the post-Greek vote European market reaction and gathered firm gains versus the US dollar to trade at session highs. Frankfurt - Following a muted early-morning European trading session, the euro managed to test the psychological threshold of $1...
Weekly price is on bullish market condition located above 100-period SMA and above 200-period SMA: the price is in consolidation to be ranging between 2042.11 support level and 2134.42 resistance level; if the price will break 2134...
NZD/USD: Short After closing a short position in profit on July 13 because of the strong pullback another position has been opened on July 16 when the pair picked up the downtrend again last week...
In an interview with Kitco News, Frank Holmes, the head of U.S. Global Investors, has discussed the recent drop in the prices of gold suggesting it was a major player dumping the metal...
EUR/USD: The price is ranging between 1.0830 & 1.0995 levels for the primary bearish. The price will go to be out of ranging zone in case of 1.0879 support level to be broken from above to below...
Current trend Tomorrow at 00:00 (GMT + 3) the Reserve Bank of New Zealand is expected to lower its key interest rate by 25 basis points from the current 3.25%. The forthcoming cut has already been considered by most market participants...
Wednesday marked wider losses for gold which was steady near five-year lows. However, the chart below suggests the yellow metal is not the biggest loser across the commodities sector...
W1 price is located to be above yearly Central Pivot at 114.36 and below R1 Pivot at 127.96: The price is on bullish ranging between Central Pivot level at 114.36 and R1 Pivot level at 127...
NZD/USD: Short After closing a short position in profit on July 13 because of the strong pullback another position has been opened on July 16 when the pair picked up the downtrend again last week...
Most price action traders place buy or sell stop orders with a pre-determined stop loss level, and a take profit or target level...
A couple of days ago commodity editor at The Telegraph Andrew Critchlow wrote a quite controversial article on what may happen to Australia in case of a further commodities crash. The reaction of Australian analysts was stormy...
Current trend After a sharp fall on Monday, precious metals gained some of their losses back on Tuesday. Because silver is widely used in manufacturing, recovering US economy is creating some prerequisites for a silver rebound in the long-term...
Trading range: the market moves up and down within a consistent range without establishing a definitive trend in one direction Consolidation: the range of price's movement constricts as the market becomes directionless Reversal: the market moves in the opposite direction from the previous trend...
