Intraday Technical Analysis 23 October
USD maintains gains amid a quiet trading day Read More
Browsing Tag
Gold
Intraday Technical Analysis 22 October
Daily Forex Market Preview, 22/10/2018
The U.S. Dollar was seen easing back on Friday. Economic data on the day was relatively quiet. Canada's inflation fell more than expected declining 0.4% on the month. This was more than the forecasts… Read More
Weekly Metals Wrap
Gold
The correlation between the US Dollar and gold broke down this week with the yellow metal posting its third consecutive weekly gain despite the rally in USD. Much of this dynamic is explained through the continued slide in equity… Read More
Intraday Technical Analysis 19 October
Daily Forex Market Preview, 19/10/2018
Economic data on Thursday was relatively quiet. The U.S. dollar attempted to maintain some gains but was flat on the day. Gold prices advanced strongly on Thursday recovering the losses from the day… Read More
Intraday Technical Analysis 18 October
Daily Forex Market Preview, 18/10/2018
The Fed released its meeting minutes yesterday covering the monetary policy meeting from September. Officials maintained the view that further gradual rate hikes were necessary. The hawkish tone of… Read More
Intraday Technical Analysis 17 October
Daily Forex Market Preview, 17/10/2018
China's headline inflation rose 2.5% on the year ending September. This was a modest increase from August inflation rate which touched 2.3%. However, producer prices index data rose at a slower pace… Read More
Gold 2018-10-16
As we advised yesterday and as we see over our previous chart
Gold managed to broke above resistance levels where market closing from our target and resistance zone 1235-40
As long as Gold holding trades below this zone 1235-40… Read More
Intraday Technical Analysis 16 October
Daily Forex Market Preview, 16/10/2018
Data from the Eurozone was quiet during the day. The NY session saw the release of the retail sales report. Headline retail sales rose just 0.1% on the month. This was below the estimates of 0.7% and… Read More
Intraday Technical Analysis 15 October
Daily Forex Market Preview, 15/10/2018
The U.S. Dollar index managed to post recovery as price action turned slightly bullish on Friday. However, the price was contained within Thursday's range.
The German final inflation report showed… Read More
Intraday Technical Analysis 12 October
Daily Forex Market Preview, 12/10/2018
The headline moves continue to be the dramatic declines seen across the equity markets with the S&P500 hitting its lowest level since June yesterday before some buying kicked in to take price back… Read More