posted by
twilight
1 day 8 hours ago
in Commodities
made popular 1 day 6 hours ago
Commodities and in particular precious metals have been more jolted this week, given the upcoming cues revealed in earnest from the FOMC this week. Gold bullish ... In these moments, gold has settled at USD $1382.81 per oz.
posted by
GAINSY
1 day 9 hours ago
in USD, CHF, Technical
made popular 1 day 5 hours ago
Although current rebound suggests another leg of corrective rise frm 0.9130 low is underway and above 0.9274 (50% Fibonacci retracement of 0.9418-0.9130) would bring retracement of recent decline to 0.9308 (61.8% Fibonacci retracement), ...
posted by
GAINSY
1 day 9 hours ago
in USD, GBP, Technical
made popular 1 day 6 hours ago
Despite intra-day brief rise to 1.5753, lack of follow through buying on break of previous resistance at 1.5737 and current retreat suggests consolidation below there would be seen, test of intra-day support at 1.5692 cannot be ruled out, however
posted by
GAINSY
1 day 9 hours ago
in USD, EUR, Technical
made popular 1 day 5 hours ago
As the single currency has remained confined within near term established range, suggesting further consolidation is in store and although weakness to 1.3300 cannot be ruled out, reckon downside would be limited to support at 1.3279 and bring ano
posted by
GAINSY
1 day 9 hours ago
in USD, JPY, Technical
made popular 1 day 7 hours ago
As the greenback found support at 93.98 on Friday and has rebounded, suggesting further consolidation above last week's low of 93.75 would be seen with mild upside bias for test of the upper Kumo (now at 95.29) and possibly towards resistance at
posted by
GAINSY
1 day 9 hours ago
in USD, CAD, Technical
made popular 1 day 7 hours ago
Although the greenback has remained under pressure and the decline from 1.0421 may extend one more marginal fall, loss of near term downward momentum should prevent sharp fall below 1.0120-30 and reckon 1.0100 would hold from here, bring rebound
posted by
benin
1 day 9 hours ago
in CAD
made popular 1 day 7 hours ago
Looking at the latest Canadian dollar (Currency:CAD) rates we see: The pound versus Canadian dollar exchange rate is 0.26 pct in the blue at 1.6021. The euro versus Canadian dollar exchange rate is 0.06 pct higher at 1.3586. The US dollar versus...
posted by
FXTechstrategy
1 day 9 hours ago
in USD, Technical, Trading Psychology
made popular 1 day 6 hours ago
Statistics show that the initial success for new forex traders is disturbingly low. Over time, this trend tends to improve, but for many, it is too late.
posted by
andy
1 day 10 hours ago
in Analysis, Economic Indicators
made popular 1 day 9 hours ago
Economic growth rate slipped to a decade low of 5 per cent in 2012-13 and FDI inflows during the last fiscal declined by 38 per cent to USD 22.42 billion in 2012-13. Chidambaram said that despite recession in major economies, India continues to remain ...
posted by
AnnaMata
1 day 10 hours ago
in EUR, Commodities
made popular 1 day 7 hours ago
"All European economies except Germany are in recession and so is the case with Japan and other developing economies. Only US economy is showing some signs of revival. However, India continues to remain a desired destination for FDI and FII," he...
posted by
GAINSY
1 day 11 hours ago
in USD, CHF, Technical
made popular 1 day 8 hours ago
As the greenback has remained confined within near term, further consolidation is in store and as long as Friday's low of 0.9198 holds, risk of another corrective bounce cannot be ruled out, above 0.9274 (50% Fibonacci retracement of 0.9418-0.913
