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On Monday, the precious metal gold consolidates in a narrow trading range of 1,932 – 1,959. Lack of market-moving fundamentals, an extension of U.S. China Phase 1 trade deal review, and an upcoming FOMC Meeting Minutes are keeping trading in the phase of indecision. Gold is likely to follow the technical side of the market. Check out gold’s intraday technical forecast video.
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Forex Market: GBP/USD daily trading outlook Yesterday’s trade saw GBP/USD within the range of 1.5439 - 1.5299. The pair closed the day 0.19% lower at 1.5355, falling for a fourth straight session.At 07:23 GMT today GBP/USD was down 0.03% for the day to trade at 1.5353. The cross […]
Microsoft Struggles Below Key 4H Technical Barriers Key Moments
Microsoft (NASDAQGS:MSFT) is trading at $394.59 on the 4-hour chart, remaining in a bearish downtrend below major resistance zones.
Key support sits at $382.28, with primary resistance clustered in the $407–$412 […]
AUD/JPY Holds 112.50 as Intervention Fears Lift Yen Key Moments
AUD/JPY trades just above the mid-112.00s on Friday, extending a two-day negative bias without strong downside follow-through.
Renewed fears of possible Japanese intervention trigger short-covering in JPY and cap […]
Brent advances on Libya unrest, premium over WTI at seven-month high Brent rose more than 1% on Wednesday as ongoing protests in Libya continued to fuel concern over supplies from Africas biggest crude reserves holder, offsetting recently arisen speculations for an earlier-than-expected Fed tapering. […]
Binary Tribune’s Commodity Trading Signals for September 19th 2016 Silver for December delivery: Buy just above $18.930, TP1 - $19.078, TP2 - $19.115, TP3 - $19.152, SL - just below $18.818.Sell just below $19.152, TP1 - $19.004, TP2 – $18.967, TP3 - $18.930, SL - just above $19.264.If break and […]
NZD/USD rises to session highs, but gains seem capped New Zealand dollar rose to session highs against its US peer on Monday, but gains seemed to remain limited due to expectations that the Federal Reserve Bank may begin paring back its asset purchases sooner than projected.NZD/USD reached a […]