| Updated: 
The yellow metal gold continues trading sideways between 1,956 to 1,924, having violated the symmetric triangle pattern. Later today, the U.S. economy will be releasing CB Consumer Confidence data that can drive some price action in the market. Let’s brace to capture a quick movement in gold.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
VW releases early results which beat estimates Volkswagen released first-half data report unexpectedly after the market closed on Tuesday evening, a day ahead of the scheduled announcement. The German car-maker’s first-half operating profit declined 12% to 5.78 billion euros which it […]
Forex Market: GBP/CHF daily forecast During yesterday’s trading session GBP/CHF traded within the range of 1.5154-1.5241 and closed at 1.5179.At 6:31 GMT today GBP/CHF was losing 0.11% for the day to trade at 1.5167. The pair touched a daily low at 1.5157 at 6:15 […]
AUD/USD Rises on Jobs Despite Higher Unemployment Key HighlightsAUD/USD trades near 0.7050, up 0.34% on the day.
Australia’s unemployment rate rose to 4.3%, above expectations.
Strong job creation of 48.9K offsets some labor weakness.
RBA hawkish bias continues to support the […]
Forex Market: GBP/SEK daily trading forecast Yesterday’s trade saw GBP/SEK within the range of 11.5036-11.6013. The pair closed at 11.5749, gaining 0.45% on a daily basis.At 9:07 GMT today GBP/SEK was up 0.01% for the day to trade at 11.5878. The pair touched a daily high at 11.6080 […]
Deutsche Bank AG’s share price down, sells 60 million shares to the Qatari royal family The biggest bank in Germany – Deutsche Bank AG made an official statement, revealing that about 60 million if its shares were sold to the Qatari royal family. The bank has set a goal of raising 8 billion euros (11 billion dollars) in its […]
Telecom Italia SpA’s share price down, posts declining first-quarter net profit, revenue misses analysts’ forecasts The biggest phone company in Italy – Telecom Italia SpA made an official statement today, revealing its revenue for the first quarter of the financial 2014, that trailed analysts expectations. The weak performance is considered a result of a […]