weekly commodities

Gold The yellow metal collapsed lower this week due to the much stronger US Dollar which rose to an 11-month high this week. Despite broader concerns for the US economic outlook in the wake of continued trade tensions with China, investors instead chose to focus on the Hawkish shift in the Fed. The Fed meeting saw rates raised for the second ti...

2018-06-21 James Harte Read more

As we advised early this week and as we see over our previous chart Gold managed to hit below 1282 where market still looking to see the test for the Short-run support 1265-68 zone As long as market holding above this support another advance wave toward 1305-10 zone will be expected Below 1265 market may head for farther drop toward 124...

2018-06-20 رامي أبو دراع Read more
forex analysis

Daily Forex Market Preview, 18/06/2018 The markets opened on Monday to the news over the weekend about the U.S. President Trump announcing fresh tariffs on China. The Trump administration imposed a 25% tariff on about $50 billion on goods imported from China in response to alleged theft on intellectual property rights. China retaliated by ...

2018-06-18 John Benjamin Read more
elliot waves

In this video, besides the wave counts updates and articles follow-up, Richard is also stepping outside his comfort zone and giving a real-time example on how fundamental events affect the market and how structures become more and more complex over time. [shortcode-variables slug="applyrichardsta"]

2018-06-16 Richard Tataru Read more
forex weekly commodities wrap

Gold The yellow metal rose slightly this week, taking its cues from a weakened US Dollar which fell in response to the June FOMC meeting. The sell-off came despite the Fed raising rates as expected and upgrading its rate hike forecast for the rest of the year from one hike previously to two hikes. The weakness is reportedly due to President Tru...

2018-06-14 James Harte Read more
technical analysis forex

Daily Forex Market Preview, 14/06/2018 The U.S. dollar was seen trading weaker on Wednesday following the FOMC statement where the central bank hiked interest rates by 25 basis points as widely expected. The FOMC also announced that it was looking to squeeze in an additional rate hike for the fourth time this year. While the markets were v...

2018-06-14 John Benjamin Read more

The Federal Reserve is widely expected to raise the Federal Funds Rate today, from 1.75% towards 2.00% benchmark points. Exactly at 18:00 GMT the FED will issue a statement, which will contain the interest rate outlook, along with its latest economic forecasts. At this stage, the Market already priced in the June Fed rate hike, therefore, ...

2018-06-13 Richard Tataru Read more

As we advised last week and as we see over our previous chart Gold managed to hld tight trading zone while market showing continues drop pressure Market facing Intraday support level at 1282 where as long as market holding above the chance for another advance wave toward 1315-18 may hit the market Below 1282 more drop toward 1265 zone w...

2018-06-13 رامي أبو دراع Read more

As we advised last week and as we see over our previous chart Gold managed to hld tight trading zone while market showing continues drop pressure Market facing Intraday support level at 1282 where as long as market holding above the chance for another advance wave toward 1315-18 may hit the market Below 1282 more drop toward 1265 zone w...

2018-06-12 رامي أبو دراع Read more

As we advised arly this week and as we see over our previous chart Gold managed to hld tight trading zone while market showing continues drop pressure Market facing Intraday support level at 1282 where as long as market holding above the chance for another advance wave toward 1315-18 may hit the market Below 1282 more drop toward 1265 z...

2018-06-10 رامي أبو دراع Read more