Gold rose to a one-month high after the Federal Reserve reiterated its commitment to supporting the economy and optimism grew that a virus-relief package will soon be delivered by U.S. lawmakers. The Fed promised at its final policy meeting of 2020 to maintain its massive asset-purchase program until it sees “substantial further progress” in employment and...
OVERVIEW Today last price 1.2162 Today Daily Change 0.0001 Today Daily Change % 0.01 Today daily open 1.2161 TRENDS Daily SMA20 1.2018 Daily SMA50 1.1875 Daily SMA100 1.1839 Daily SMA200 1.1465 LEVELS Previous Daily High 1.2169 Previous Daily Low 1.2122 Previous Weekly High 1.2166 Previous Weekly Low 1.2059 Previous Monthly High 1.2003 Previous Monthly...
Wall Street also was hopeful about the prospects of a new round of spending by the U.S. government in a crunch week, after leaders from both parties over the weekend signaled they would be open to setting aside the most contentious topics in long-running talks. A bipartisan group of Senate and House lawmakers, which has pushed for a compromise $908 billion plan,...
with the weak Canadian dollar, we can see a short on oil, should last this whole week.
It didn’t take long for the mining stocks to turn south once again. No wonder, given that their breakdown was more than verified.
US down on RISK ON as Markets adjust to Biden win, US jobless claims are coming in fast. Trump checked himself out of the hospital and tells the US that "maybe he is immune" and that they should not worry about the virus. he is walking around like superman, numerous member of the White House staff have tested positive there are more active cases of the virus in...
i am with Warren B on this trade, he just bought a heck of share recently. they see something we do not. plugged in 3000 shares long term i am ready.
European stock markets are seen opening higher Monday, helped by positive Chinese data, but gains are likely to be tentative as rising coronavirus cases continue to fan fears of further economic weakness in the region. i Believe that the German economy is the strongest at the moment in Europe, while other countries are falling back into lock-down.
USOIL heading towards the upside for nice holding movement, understanding the power of the US could effect investors to push money into OIL and XAG\XAU. Russian Energy Minister Alexander Novak said on Monday that the global oil market has been stable for the past few months and the demand-supply balance restored, but warned of the risks of a second wave of...
TP1: 135.000 TP2: 135.230 TP3: 135.433 TP4: 136.400 depends on the movement next and how serious the restrictions are, regarding general sales to company The Pound initally pulled back during the trading session on Thursday, i am simply waiting for the opportunity to Buy. i somehow dont see any hectic sell movement today and maybe partly next week, i am looking...
If you know you know!!! remember this is long term so do not risk all capital 25% risk
Dont be fooled with the gain on the FTSE\JSE top 40 2.67% gains came from the mining, coal, financial and industrial sector. but despite the small recovery south africa is a struggling powerhouse, that dose not utilize funds to develop the country. this is a long standing problem created by the government, which needs to change in the upcoming year, or south...
USDJPY sell we could see a continue fall from 106.061 as the USD is still recovering from the massive inflation from the EUR and JPY recovery from a massive uplift in the FX Market as USD is weakening day by day. Joe Biden is a negative effect on the USD
please look guys, understand that the 4hr/1hr markets are BULLISH at the moment, you need to understand the purchases are retail sales are at the highest its been this year, EUR and JPY are MUST BUY AT THE MOMENT!! the USD is so week at the moment, Biden thank you.
Trading this pair on the 4hr chart, reason being the retail sales in Germany and France are extremely positive. And the NZD relies a lot on the USD and the USD currency is weakening in the mist of the EUR\JPY\GBP gaining strong in the past couple weeks, as the ZOOM chairman will be keeping most his money outside the USD. occupying pooled money in a stronger currency.
XAUUSD Long, short retracement last night, gold still bullish.