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The yellow metal gold is consolidating within a narrow trading range if 1,953 – 1,926 level. Investors are looking for a fundamental reason to trigger a breakout that can happen on either side – checkout a quick video analysis forecast.
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Forex Market: EUR/USD daily trading forecast Friday’s trade saw EUR/USD within the range of 1.1226-1.1394. The pair closed at 1.1389, soaring 1.32% on a daily basis and marking the third consecutive trading day of gains. The daily rate of increase has been the most considerable one since […]
EUR/AUD pulls back from a 1-month peak of 1.7707 The EUR/AUD currency pair has pulled back from a 1-month high of 1.7707 ahead of the outcome of the European Central Bank’s policy meeting and as slower Australian GDP growth in Q1 bolstered July rate cut bets.The European Central Bank is […]
EUR/USD hits daily highs as German business climate sharply improves The euro advanced to daily highs against the US dollar on Friday, after a report by the Ifo research institute revealed that business climate in Germany suddenly improved in November, while additional support for the common currency was still […]
USD/JPY trades little changed following BoJ’s decision The yen traded little changed against the US dollar after two days of advances as Bank of Japans policy makers kept monetary policy steady.Having hit a session low at 103.97 at 03:45 GMT, USD/JPY erased earlier declines to trade little […]
EUR/USD on frail positive territory The euro pushed higher against the US dollar on Thursday, as market players took profits, following the greenbacks expansion yesterday after the strong US new home sales report.EUR/USD pair touched its highest point for todays session at […]
Natural gas down almost 2% on mild weather Natural gas extended its steep fall and declined for an eleventh straight day as weather forecasting models continued to point at below-normal temperatures for the season, reducing demand for the fuel.On the New York Mercantile Exchange, […]