Author: Ryan Littlestone Highlights of the minutes from the July 2015 Bank of England monetary policy meeting 22 July 2015 Prior vote 9-0 to keep rates unchanged Decision on rates in July was clear cut Without Greek crisis, decision becoming more finely balanced...
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...
On Wednesday the shared currency rose to one-week highs against the U.S. dollar on Wednesday supported by Greek optimism, as Greek lawmakers brace for a second vote on bailout reforms...
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...
W1 price is located between Yearly Pivot level at 1237.48 and S1 Pivot at 1082.97: The price is on bearish market condition for ranging between Central Pivot level at 1237.48 and S1 Pivot level at 1082...
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...
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...
by James Woolley I have been trading the forex markets for a number of years now, and in my experience December is always the hardest month of the year to make money. So why is this...
Credit Agricole suggested to sell for EUR just because of the following: "The EUR has been under pressure regardless of the Greek parliament voting in favour of the agreed bailout package...
At testing high-frequency advisers it is necessary to pay attention to a method of generation of tics. Results of tests can differ depending on what you use data - the generated tics or real tics. Examples look below: Example 1 Example 2 Example 3...
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...
Although gold has consolidated above $1,100 an ounce Tuesday, its recent plunge is still a fresh memory which hardly promises a surge in the short-term. Analysts, however, do not consider the recent decline to linger...