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Gold trading outlook: futures steady ahead of US payrolls, dollar gains Gold futures were steady during early trade in Europe today, after a drop on Wednesday. The US dollar was supported by the Fed remaining on track with a cut in monetary stimulus. Meanwhile, the conflicts in Iraq and Gaza continued offering […]- Minor Currency Pairs: Support and Resistance Levels for November 7th 2016 EUR/GBPR1 – 0.8906
R2 – 0.8911
R3 (Range Resistance - Sell) – 0.8917
R4 (Long Breakout) – 0.8934
R5 (Breakout Target 1) - 0.8954
R6 (Breakout Target 2) - 0.8962S1 – 0.8894
S2 – 0.8889
S3 (Range Support - Buy) – 0.8883
S4 […]
- EUR/USD with daily losses after disappointing German retail sales The euro was losing ground against the US dollar on Monday, as political instability in Italy persisted and after a report said that German retail sales increased less than projected in August.EUR/USD reached a session low at 1.3477 at […]
- Major Currency Pairs: Support and Resistance Levels for October 13th 2016 USD/CHFR1 – 0.9909
R2 – 0.9913
R3 (Range Resistance - Sell) – 0.9916
R4 (Long Breakout) – 0.9927
R5 (Breakout Target 1) - 0.9939
R6 (Breakout Target 2) - 0.9944S1 – 0.9903
S2 – 0.9899
S3 (Range Support - Buy) – 0.9896
S4 […]
- Forex Market: EUR/CAD daily forecast During yesterday’s trading session EUR/CAD traded within the range of 1.5116-1.5293 and closed at 1.5132.At 7:52 GMT today EUR/CAD was gaining 0.07% for the day to trade at 1.5130. The pair touched a daily high at 1.5140 at 6:50 […]
- Commodity Market: US Crude Oil retreats over 2% as health crisis in India counters upbeat oil demand forecasts After a two-day rally, futures on US West Texas Intermediate Crude Oil plunged over 2% on Thursday, despite forecasts of a rebound in oil demand globally, as the COVID-19 crisis in India worsened.The International Energy Agency (IEA) […]
