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W1 price is located above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging between Fibo resistance level at 195.87 and 50.0% Fibo support level at 185.41...
GBP/CAD: Long A position has been opened July 14 after close of US session on July 13. As already mentioned in my weekly strategy reviews this pair remains interesting. The pair is clearly in an uptrend but is consolidating in the last period...
The global steel demand There can be no doubt that the production of steel and other similar products has been an important influence on the global markets for many years...
W1 price is located above 200 period SMA (200-SMA) and below 100 period SMA (100-SMA) for the primary bullish with secondary ranging between Fibo resistance level at 141.05 and 50.0% Fibo support level at 133.29...
Since 2009's $1,000, gold prices have been pushed by bulls, trending higher to $1,500 in mid-2011...
Anglo-Irish philosopher Edmund Burke once said: "The people never give up their liberties. But under some delusion..." If he'd been alive today in the U.K., he would recognize that the liberty-sacrificing delusion represents a property bubble...
XAU/USD: strong bearish. This pair is on bearish condition for all the timefarmes: triangle pattern was broken to below for H4, nearest target is 1077.19 for D1 and W1. Many banks are making the forecasts about 1000 and 900 targets but I see just two targets here: 1077.19 support level and 1000...
The Canadian dollar was higher against the greenback, as oil recovered after hitting multi-week lows...
Gold futures declined in Tuesday trade amid a report that signaled second-quarter demand hit its lowest level in six years...
The London Metal Exchange, the world’s biggest metals bourse, will accept the offshore yuan as collateral against its contracts after Bank of England approves it, the exchange said in a statement Tuesday...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price is crossing 54...
GBPJPY: Triggers Recovery, Eyes More Upside. GBPJPY: Outlook for the cross remains higher having triggered a strong recovery on Tuesday. We look for more strength to occur towards the 194.00 level. On the upside, resistance lies at the 195.00 level followed by the 196...
Sterling received a boost from the first estimate of UK Q2 GDP, which posted a positive 0.7% increase over the quarter, meeting forecasts. London - Sterling hiked after the UK first Q2 GDP estimate showed that the UK economy grew 0.7% in the quarter to June, meeting forecasts...
Ratings agency Standard & Poor’s has issued a caution that monetary policy is diverging, in both the United States and the United Kingdom, as well as developing economies...
Copper prices edged higher on Tuesday, but remained near the previous session's six-year low as market players monitored movements on China's volatile stock market...
Current trend On Monday, during the trading session, Brent crude oil lost more than 70 points. The fall was caused by of the sharp fall of the Chinese Shanghai Composite by 8.48%: the market is very sensitive to any weakness in China’s economy, as it is the largest importer of raw materials...
Wall Street is expected to break a five-session row of losses on Tuesday, shrugging off China’s continuing fall, as market players now concentrate on the Federal Reserve meeting on Wednesday, with a statement due at 2 p.m...
The pound jumped against the U.S. dollar on Tuesday, after data showed that the U.K. economy expanded in line with expectations in the second quarter...
The dollar moved higher against the euro and the yen on Tuesday ahead of the start of the Federal Reserve’s two day policy setting meeting later in the trading day...
