Data on China's quarterly growth released Wednesday beat analysts' forecasts signalling that the world's second largest economy is gaining momentum. However, these new numbers have spurred concerns over their accuracy...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bullish ranging between 23.6% Fibo support level at 15.40 and Fibo resistance level at 17.75: 23.6% Fibo support level at 15...
Oscillator Currency Oscillator Currency is the system making fluctuations that is which indicators periodically repeat in time. Oscillator Currency - the indicator of the technical analysis which characterizes a condition of an overbought or an oversold of the market...
Now that the historic deal between Iran and world major powers is concluded, it is high time to remember how much oil and gas Iran might release into the already oversupplied market...
Iran holds the fourth largest oil reserves in the world, which compile around 158 billion barrels. It also sits on the second largest reserves of natural gas. But the most of that is still to be explored due to the isolation the country has faced in the recent years...
Iranian oil will not appear on the market during the quarter more Key news yesterday - an agreement on the Iranian nuclear program. It is reached and all the attention on the conditions for lifting the embargo on the supply of oil...
In this episode of the Keiser Report, Max Keiser and Stacy Herbert compare Greece's deal with bloodletting as both represent fatal methods of curing...
Current trend After yesterday’s statement by the Bank of England regarding the possibility of interest rates hikes in the UK as inflation is rising, the GBP grew. At the same time, the USD is strengthening against all major currencies except for the GBP...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish ranging between Fibo resistance level at 1.5929 and 61.8% Fibo support level at 1.5086: 38.2% Fibo support level at 1...
Some commodity analysts agree that weaker oil prices, pressured by a potential nuclear agreement between Iran and six major world powers, will not have much of an impact on gold prices in the near-term...
Wall Street stocks rose higher on Monday, joining a global equities rally after a new bailout deal Greece reached a tentative will avoid the country out of the euro zone. Dow Jones Industrial Average surged 217,27 points (1.22 percent) to close at 17.977 .68...
A meat market devoid of buyers in downtown Athens, Greece, on Tuesday where PRIME MINISTER Alexis Tsipras Greece on the same day his party members gather to dress to support the initial rescue deal reached with European creditors that included steps that are very difficult for a number of Cabinet...
Hello traders! In this week of uneven market sentiment, GBP/NZD shed nearly seven hundred pips(!) in just over two days(!)... I am glad that I stayed out of it since I took profit by 2.34.. Good luck with it all... Read more: http://forums.babypips...
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, July 15th AUD/USD is up for the second consecutive day trading at 0.7460. New Motor Vehicle sales were up 3.8% after previous reading of -6.9...
RBS is thinking that EURUSD will be in more ranging condition for the next few weeks: "The last minute agreement with Greece ought, in theory, play EUR/USD negative by allowing negative front-end rate spreads to be a bigger FX driver again...
Some banks are trying to predict the values for EUR/USD and for other pairs at year-end providing their technical analysis using support/resistance and 200 SMA indicator. For example, Barclays estimated the EUR/USD to be 1...
NZD/USD: Short position closed The open position for the NZD/USD has been closed as a precaution. A profit has been made of 72 pips. The pair is still in a downtrend but is in a strong pullback...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish market condition: the price broke 23.6% Fibo level at 1167.08 with the next targets as Fibo level at 1147.11 and November last year low at 1131.75...
Fed rate hike, inflation, demand-supply equation - what other factors will drive gold in 2H? - Video
Kitco News is interviewing CME Group’s senior economist Erik Norland on his prediction on what direction gold will take in the second half of the year...
