GOLDGRAM

GOLDGRAM

Hi Tview Friend, here is the continuation chart analysis for crude oil . US WTI and Brent crude oil futures were bearish due to low inventories report and concerns over the US-China trade deal. However, crude oil futures prices rocketed as inventories on the gasoline and distillate fuel, including diesel, has dropped. Moreover, the USD also held to boost the...

GOLDGRAM

First of all, when we say technical analysis, we are only looking on the price dynamics only. Second, the fundamental analysis is stronger than technical as it involves trading decision. The GBPUSD increased 0.0014 or 0.10% to 1.3183 on Thursday March 7 from 1.3169 in the previous trading session. Historically, the British Pound reached an all time high of 2.86...

GOLDGRAM

Here is the update analysis for Euro against Dollar. EUR/USD continues in bearish trend as the EUR is being pushed into a dovish price action due to Brexit sentiment, possibility of an economic slowdown, and USD’s positive price action, placing the EUR/USD pair below the 1.1300 handle. The EUR/USD pair dropped by 0.27% and currently trades at 1.13003. There...

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Hi Tview friends here is the fundamental for Crude oil Oil prices continues to slip as big US producers Chevron and Exxon Mobil plans to daily produce almost 1 million barrels of shale oil. Crude oil futures are currently at $56.00, down by 0.70%. Meanwhile, crude stocks pile up with inventories rising by 1.1 million barrels in Cushing, Oklahoma alone. The...

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Hi TView Friends, Here is the update analysis for Gold / US Dollar. In Fundamental , GLD investors have pulled out a net withdrawal of USD496 million last Friday as dollar regains strength. The eased trade tensions has also prompted investors out of safe-have assets such as gold Within last week, the cash pulled out totaled to around $720 million. Today marks the...

GOLDGRAM

The stock markets started progressive this week due to higher confidence in the US-China trade deal. However, we started to see S&P selling pressure mid-morning in the United States, breaking below the 2800 level. At this point, it looks like we are going to go lower to look for support, and therefore a buying break should present itself closer to the 2775 level....

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Hi Tview Friends The major cryptocurrencies' pairings against USD plunged over the weekend until Monday trading. The BTC/USD pair slipped by almost 2.72 percent, falling below the $3800 level, while the ETH/USD pair tumbles down $135 and $130 levels, and currently stands at $128.70. ETH/BTC is currently trading at $0.03380. Both ETH and BTC market cap drops in...

GOLDGRAM

Hi Friends This past week, we saw a standing retrieval in the XRP/USD pair from the swing low price of $0.2980. The pair broke the $0.31 and $0.315 resistance levels, climbing up to $0.32. It traded as high as $0.3232, but later started a downside movement. There was a bearish momentum below the $0.3150 support and the 100 hourly simple moving average. The price...

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Bitcoin fell this morning by 1.93%, partially reversing the 0.86% gain from last Friday. BTC started the day at $3,808 and is currently moving at $3,728.86. As for the StochRSI, in the previous movement, when the price went beyond the oversold territory, it usually stays below level 30 for three to four days within the four-hour chart timeframe. Presently, the...

GOLDGRAM

Hi friends Last week, gold futures fell as US treasury yields rose as a result of the GDP report released last Thursday, prompting investors to opt for profit-bearing commodities. The yields turned the greenback to be more attractive, further pushing down the demand for the yellow metal. Meanwhile, the stocks also increased due to the released GDP report and...

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US oil futures prices climbed after a reduction on domestic crude supplies while global benchmark on the futures falls. April West Texas Intermediate crude jumped by USD 57.76 or 2.21 percent and is currently priced at $57.72 Technical analysis viewpoints, 3 strong impulsive wave seen in the last few days and With the fib retracement extension . 0.78 or 57.29...

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Hi friends and followers XAG markets pulled back as the USD started to gain traction against other currencies due to testimonies delivered in the US Congress during the trading session. XAG prices starts to slide down and is currently priced at USD 15.59. From my perspective, the $16 level is the maximum resistance of silver. Based on the daily timeframe, the...

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Hi Friends, Ethereum failed to break the resistance level at $142.22. It is currently priced at $136.11. The ETH market capital also dropped by -1.09% or USD14.47 billion and volumes trading in dollar is USD4.5 billion. There are two possible patterns could happen on the ETH/USD pair. First, if we follow the bollinger bands pattern, during the last 4 days up to...

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Bulls managed to limit loss despite the bear threat coming from the traders' pausing of fund flow ahead of the Constantinople hard fork. Major cryptocurrencies were able to stay above the psychological support levels. The cryptocurrency market capitalization is currently at USD 130b as of press time. At the time of writing, the BTC/USD is trading at $3,809.09, up...

GOLDGRAM

Gold prices dropped as oil prices puts pressure on US yields, causing the dollar to rise. Gold spot prices are currently standing at 1318.11. Bond prices were under pressure hammering resistance level and then moving lower. Fed chair Powell was on the hill again testifying in front of the House of Representatives. The mood of the discussion focused on the Fed’s...

GOLDGRAM

The S&P 500 is currently trading at 2793.90 , going back on last month Price movement The index climbed by 8.3% or 206.65 points and present month index continue to climbed by 4.08% or 109.62 points. If Price will break resistance level, potential continuation upto 2900 Max level resitance. Support level : 2792.25 , 2787.11 , 2785.60 Resistance level : 2810.50...

GOLDGRAM

Palladium price soars increasing by 1.8 percent and currently standing at $1561.52, as the Association of Mineworkers and Constructor’s Union plans “to embark on secondary strikes… particularly in the gold and platinum sectors.” The Minerals Council South Africa has revealed 15 member companies have received notices to go on strike from night shift of 28 February...

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Hi friends, Here is the update analysis for Bitcoin cash. BCH plunges by -15.35 percent and currently stands at $132.91 after reaching highs last week. During the last 24 hours, BCH’s market cap slid by 16 percent, from $2.7b to $2.3b Last 24 February, the collective coin market lost $14 billion, including EOS, ETH, LTC, XLM and XRP. Moving average convergence...