posted by
liorcohen
4 days ago
in Fundamental, Weekly, Gold
Despite the less than impressive financial news regarding the progress of the U.S economy that came out during last week the equity market continued to rally, while gold and silver prices declined. Last week, the U.S retail sales inched up by 0.1
posted by
GAINSY
6 days ago
in USD, Technical, Daily
GBP/USD stays above 1.5173 temporary low and intraday bias remains neutral. Some more consolidations could be seen. But in case of another rise, upside should be limited below 1.5446 minor resistance and bring fall resumption. Corrective rebound
posted by
GAINSY
6 days ago
in USD, Technical, Daily
USD/CAD rises to as high as 1.0306 in early US session and the break of 1.0293 resistance confirmed that correction from 1.0341 has finished with three waves down to 1.0013. More importantly, larger rally from 0.9633 is likely resuming. Intraday
posted by
falgunigyarsia
6 days ago
in Technical, Daily, Trade
The future crude oil fell today, it slipped around $95 dollar per barrel. In country’s multi commodity exchange was trading up by 0.10 percent at Rs. 5114.
posted by
commodityblog
6 days ago
in USD, Fundamental, Daily
The South African rand weakened today, extending its longest decline in a year and touching the lowest level in four years, on concerns that worker strikes and falling commodity prices will hurt the nation’s economy.
posted by
GAINSY
6 days ago
in GBP, Technical, Daily
GBP/USD:Intraday bias in GBP/USD remains neutral for some more consolidations above 1.5173 temporary low. In case of stronger recovery, upside should be limited below 1.5446 minor resistance and bring another fall. Corrective rebound from 1.4830
posted by
GAINSY
6 days ago
in USD, Technical, Daily
AUD/USD drips further to as low as 0.9753 so far. Intraday bias remains on the downside and current decline would now extend towards 0.9588 key support next. Though, we'd be cautious on bottoming above that level...
posted by
wizardfx
6 days ago
in EUR, Commentary
If there is a currency pair out there right now thath I could absolutely put to sleep, it would be this one. Quite frankly, the Euro has been given a pass on so many things that this market simply doesn't have much volatility overall. While we do get ...
posted by
falgunigyarsia
6 days ago
in Daily, Trade
Today, Turmeric seems bullish for delivery of all session for may it changes its position by 218 points, for June 104 points, for July 106 points and for august contract it changes around 82.
posted by
GAINSY
7 days ago
in USD, Technical, Daily
Dollar weakens mildly again in early US session after another round of weaker than expected data. Initial jobless claims rose more than expected to 360k in the week ended May 11. While building permits improved to 1017k in April, house starts dro
posted by
GAINSY
7 days ago
in Fundamental, Daily
'The first-quarter contraction reinforces pressure on the ECB to come up with further measures to try and support euro-zone growth' - Howard Archer, an economist at IHS Global Insight