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The precious metal gold has violated the upward channel at 1,940 level, and now it may head further lower towards the next support area of 1,922. On the higher side, resistance continues to stay at 1,952 level today. Checkout the Gold price forecast to learn more about the trade setup.
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Forex Market: GBP/USD daily trading outlook Friday’s trade (in GMT terms) saw GBP/USD within the range of 1.3133-1.3481. The pair closed at 1.3182, losing 1.20% compared to Thursdays close. It has been the 160th drop in the past 295 trading days and also the steepest one since July 5th, […]
EUR/JPY Rises as Tensions Ease, Yen Retreats from Highs Key Moments
EUR/JPY traded near 183.65 and was still down 0.30% on Monday despite rebounding from its intraday lows.
Comments from US President Donald Trump about a five-day pause in potential military strikes on Iranian energy […]
Twitter shares close higher on Thursday, company changes design across its products Twitter Inc (TWTR) has reportedly introduced changes to design of its products, as the company aims at speed and simplicity. Changes are to affect Twitter.com, TweetDeck, Twitter Lite as well as the companys applications for iOS/Android […]
Natural gas trading outlook: futures steady, as US holiday mutes trade Natural gas futures were relatively stable during early hours in Europe today. The US mark Memorial day, which is a holiday, and it severely hampered activity on the markets. Weather reports project more warm days to follow, with some cooler […]
Treasury Sees Adequate Oil Supply, Flags Deal Boost Key Moments
The U.S. Treasury Secretary stated in a Fox News interview that the global oil market is currently well supplied.
He said additional supply would be beneficial and pointed to increased flows as countries reach […]
Volkswagen shares trade little changed on Wednesday, company to begin vehicle imports to Iran in August German vehicle maker Volkswagen AG was reported to be considering a return to Iran after 17 years, as it prepares to begin importing cars to that market in August. Such a move could make the German company less reliant on volatile foreign […]