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Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 05/06/20 Gold prices rebound on ECB stimulus The precious metal managed to recover following the losses from the day before. Gold prices rebounded after the ECB announced new stimulus measures. The stimulus measures come right on the back of…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 03/06/20 Gold prices trade flat despite a rise in equities The precious metal is not making much gains stuck near the previous highs. Despite equity markets posting modest gains, gold has been stuck near the top end of the…
FP Markets Celebrates Its 15 Year Anniversary A milestone that confirms FP Markets as one of the most well-established Forex & CFD brokers in the world. 31 May 2020, Sydney - FP Markets celebrates its 15th anniversary today and to coincide with this momentous milestone announces the launch of its…
Gold, Oil and EURUSD Weekly Analysis - Week 23 Gold prices back at 1731 resistance The precious metal made gains for two consecutive days and ended on Friday back near the resistance level of 1731. The gains came on the back of a soft risk sentiment. President Trump’s announcement on…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 29/05/20 Gold prices rebound on US and China tensions The precious metal is recovering following two consecutive session losses. The gains come amid dispute between China and the United States. China recently implemented news laws over Hong Kong, falling…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 26/05/20 Gold prices looking weaker The precious metal is trading weak, failing to make any significant gains in the past few sessions. Gold prices are down as investor sentiment is boosted once again. The idea of various economies easing…
Gold, Oil and EURUSD Weekly Analysis - Week 22 Gold consolidating near the top of the rally The precious metal managed to recover some of the losses made from earlier in the week on Friday. Gold prices settled at 1735.67, rising about $9.00 into the close. However, the rally seems…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 22/05/20 Gold prices ease as US data shows signs of recovery Gold prices are down over 0.5% intraday on Thursday. The declines came after economic data in the United States saw a slow but steady recovery. After businesses were…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 20/05/20 Gold prices pullback from an eight-year high The precious metal earlier this week rallied to an eight week high on an intraday basis on Monday. However, price action pulled back promptly after this surge. The gains came after…
Gold prices rise after dismal US economic data The precious metal posted strong gains into Friday’s close after a series of worse economic reports from the United States. Industrial production saw the biggest drop in history in the month of April as it fell 11.2% on a month over month…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 15/05/20 Gold prices rise as tensions between US and China escalate Gold is finally breaking out from its range as a war of words between President Trump and China saw investors shifting out of risk assets. This modest risk…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 13/05/20 Gold prices hold steady amid doubts of economies reopening The precious metal is trading firmly near the consolidation levels seen since the past few weeks. The bias remains flat amid concerns of a second wave of the pandemic…
Gold, Oil and EURUSD Weekly Analysis - Week 20 Gold’s consolidation shows no signs of a breakout yet The precious metal continues to trade flat, albeit near the current highs frustrating traders. The sideways range between 1730 and 1684 is now into its third consecutive week, raising questions on when…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 08/05/20 Gold prices trade flat ahead of payrolls report The precious metal offset the losses from the previous session, rising over 1% intraday on Thursday. This comes as gold prices are trading flat since the past six consecutive sessions.…
Gold, WTI Crude oil and EURUSD - Intra week technical outlook, 06/05/20 Gold prices trade flat as risk appetite improves The precious metal is trading flat as a stronger dollar and rising risk appetite are putting gold on the sidelines. With various economies reopening for business, investors are expecting a road to recovery. Although…
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