Gold

Daily Forex Market Preview, 15/08/2018 The U.S. dollar maintained its dominance on Tuesday. Economic data showed China's industrial production rising 6.0% on the year. The data missed estimates of a 6.3% increase. Retail sales in China…
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Daily Forex Market Preview, 14/08/2018 The U.S. dollar index was seen trading flat on Monday with the technical pattern confirming a doji close. A bearish follow through from here on could signal a near-term correction. Economic data for…
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As we advised in the last 3 weeks and as we see over our previous chart Gold still holding downtrend wave after market broke below support 1236 Short-Run outlook see main resistance at 1245 where as long as Gold maintain trades below…
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Daily Forex Market Preview, 13/08/2018 The U.S. dollar gained on Friday as the geopolitical tensions saw the Turkish lira plummeting. The euro was also not spared as initially news reports citing the ECB showed that the central bank was…
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Daily Forex Market Preview - 10/08/2018 The markets were trading mixed with the U.S. Dollar managing to hold firm by market close. The markets were influenced by headline reports about China imposing a new round of tariffs of $16 billion.…
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Daily Forex Market Preview - 09/08/2018 The U.S. Dollar was on the back foot on Wednesday. China is set to hit the U.S with fresh trade tariffs of the amount of $60 billion. The market reaction was however largely muted. The British…
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As we advised in the last 2 weeks and as we see over our previous chart Gold also managed to rebound aftre trumps tweet on rate hike where Gold managed to re-test resistance 1236-37 zone Short-Run outlook see main resistance at…
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Daily Forex Market Preview - 06/08/2018 The U.S. Dollar was seen trading mixed by Friday's close. The commodity risk currencies were the biggest gainers of the day including Gold, which advanced 0.52% by Friday's close. The Euro and the…
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Daily Forex Market Preview, 03/08/2018 The U.S. Dollar was seen trading rather firm on Thursday. Lack of economic news flow has shifted focus on the United Kingdom. The Bank of England hiked interest rates by 25 basis points as widely…
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Daily Forex Market Preview, 02/08/2018 The U.S. dollar strengthened as the Federal Reserve left the interest rates unchanged at its meeting yesterday, as expected. The central bank upgraded its U.S. economic growth to solid; underlining…
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