News

Monday, 04 July 2016 16:41

GOLD Technical Analysis 04-07-2016 by PaxForex

GOLD Technical Analysis 04-07-2016 by PaxForex GOLD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 1600 points Source: www.paxforex.com

Monday, 04 July 2016 16:36

Economic Events This Week 04-07-2016 by xCFD

Economic Events This Week 04-07-2016 by xCFD The key report this week is the June employment report on Friday.Other key indicators include the June ISM non-manufacturing index, and the May trade deficit.Also the quarterly Reis surveys for office, apartment and malls will be released this week.Monday, July 4th All…

Monday, 04 July 2016 16:30

US stock exchanges closed due to holiday 04-07-2016 by IFC Markets

US stock exchanges closed due to holiday 04-07-2016 by IFC Markets US stocks edged up on Monday for the 4th straight time on strong manufacturing production for June. ISM Manufacturing rose to the highest since last February at 53.2. Weekly increase of S&P 500 was the record high since last…

Monday, 04 July 2016 08:07

Gold hits 1350 as expected

Gold hits 1350 as expected Daily Forex Market Preview, 04/07/2016 Gold prices rallied early today testing the 1350 resistance as noted over the past few days. Further upside is likely to continue if price clears the 1350 handle which could keep gold testing 1371.90. EURUSD is also inching higher having…

Friday, 01 July 2016 16:52

Wave analysis and forecast for 01.07.2016 – 08.07.2016 by LiteForex

Wave analysis and forecast for 01.07.2016 – 08.07.2016 by LiteForex EUR/USD: Wave analysis and forecast for 01.07 – 08.07: The pair is likely to grow. Estimated pivot point is at the level of 1.1020. Our opinion: Buy the pair from correction above the level of 1.1020 with the target…

Friday, 01 July 2016 08:26

British pound gives back gains on Carney’s comments

British pound gives back gains on Carney’s comments Daily Forex Market Preview, 01/07/2016 The British pound fell yesterday evening sharply after comments of rate cuts and QE from BoE’s Carney. The euro also came under pressure giving back some of the gains made from earlier this week. The markets remain…

Thursday, 30 June 2016 16:17

Technical Analysis AUDUSD 30-06-2016 by IFC Markets

Technical Analysis AUDUSD 30-06-2016 by IFC Markets Trend may reverse The Australian dollar is rebounding after a steep decline following the jump in risk aversion spurred by Brexit. The Reserve Bank of Australia didn’t cut the interest at its June 7 policy meeting, stating strong domestic demand drove economy’s…

Thursday, 30 June 2016 16:06

GOLD Technical Analysis 30-06-2016 by PaxForex

GOLD Technical Analysis 30-06-2016 by PaxForex GOLD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 1200 points Source: www.paxforex.com

Thursday, 30 June 2016 09:08

Dollar slips against peers for the second day

Dollar slips against peers for the second day Daily Forex Market Preview, 30/06/2016 The US dollar gave up some of its gains for the second day yesterday as the markets continue to recover the Brexit led declines. The economic calendar today is busy with the UK's final GDP revision, but…

Wednesday, 29 June 2016 15:01

Global markets advance as Brexit concerns recede 29-06-2016 by IFC Markets

Global markets advance as Brexit concerns recede 29-06-2016 by IFC Markets US stocks rebounded on Tuesday recovering some of the steep losses after the Brexit shock. The dollar weakened as euro and British Pound recorded first gains after Brexit vote: the live dollar index data indicate the ICE US…

Wednesday, 29 June 2016 14:47

USDCHF Technical Analysis 29-06-2016 by PaxForex

USDCHF Technical Analysis 29-06-2016 by PaxForex USDCHF - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 90 points Source: www.paxforex.com

Wednesday, 29 June 2016 08:07

EUR & GBP stage a recovery. Follow through required

EUR & GBP stage a recovery. Follow through required Daily Forex Market Preview, 29/06/2016 The euro and the British pound posted a modest recovery yesterday while the yen weakened against the dollar following two days of intense selling. Without a follow through here, the recovery is likely to be short…

Tuesday, 28 June 2016 12:22

US GDP data on tap today

US GDP data on tap today Daily Forex Market Preview, 28/06/2016 The US dollar was showing signs of weakness as the markets start to price in a Fed rate cut by September. This change in view saw the euro posting a modest recovery having established support at 1.10. Gold prices…

Monday, 27 June 2016 14:50

Brexit catches markets by surprise 27-06-2016 by IFC Markets

Brexit catches markets by surprise 27-06-2016 by IFC Markets US stocks recorded biggest one day drop in ten months on Friday as Britain voted to leave the European Union. The dollar strengthened considerably supported by increased haven demand while euro and British Pound slumped: the live dollar index data…

Monday, 27 June 2016 14:43

USDCAD Technical Analysis 27-06-2016 by PaxForex

USDCAD Technical Analysis 27-06-2016 by PaxForex USDCAD - bulish model: pair, ready to continue growing Outlook: the Upward trend with the prospect of profits more than 90 points Source: www.paxforex.com