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  • Spot Gold set for 2nd weekly advance with NFP data in sightSpot Gold set for 2nd weekly advance with NFP data in sight Spot Gold firmed on Friday and looked set for a second consecutive weekly advance, with market focus setting on the key US Non-Farm Payrolls report, which may provide more clues on the Federal Reserve’s interest rate […]
  • Forex Market: USD/SEK forecast for MondayForex Market: USD/SEK forecast for Monday During Friday’s trading session USD/SEK traded within the range of 6.5191-6.5469 and closed at 6.5325.Fundamental viewRetail sales in the United States probably increased 0.8% in March on a monthly basis, according to the median […]
  • Forex Market: NZD/USD daily forecastForex Market: NZD/USD daily forecast During yesterday’s trading session NZD/USD traded within the range of 0.8567-0.8621 and closed at 0.8612.At 11:27 GMT today NZD/USD was losing 0.22% for the day to trade at 0.8586. The pair touched a daily low at 0.8584 at 11:21 […]
  • Commodity Market: Pivot Levels for Tuesday (January 10th 2017)Commodity Market: Pivot Levels for Tuesday (January 10th 2017) Silver (SI) for March delivery (1 Troy Ounce)R1 – $16.709 R2 – $16.734 R3 (Range Resistance – Sell) – $16.760 R4 (Long Breakout) – $16.837 R5 (Breakout Target 1) – $16.927 R6 (Breakout Target 2) – $16.967S1 – $16.657 S2 – […]
  • GBP/USD trades little changed after positive UK dataGBP/USD trades little changed after positive UK data GBP/USD traded little changed on Friday, after a number of positive reports were released in the UK. Yesterday, the pair touched the highest level since August 2011.Having reached a session high at 1.6464 at 08:10 GMT, GBP/USD traded […]
  • WTI hovers near 5-month low ahead of U.S. supply data, Fed stimulus, Libyan outputWTI hovers near 5-month low ahead of U.S. supply data, Fed stimulus, Libyan output West Texas Intermediate crude rebounded from yesterdays five-month low after the American Petroleum Institute reported a much larger than expected drop in U.S. motor gasoline and distillate fuel supplies, despite a seventh consecutive weekly […]