Another Tick in the Box for Fed Delay Morning Report: 07.30 London • This morning, markets are stable after a volatile session yesterday that saw the US dollar slump to its lowest level since August. Yesterday’s big measures all came in below expectations, with core retail sales down 0.3% and PPI down 0.5%. This data raises […]
Overview According to the H4 chart, silver price succeeded in breaching yesterday’s horizontal resistance, whicn is observed on the chart. It aims to get a positive factor to reinforces the expectations of a rise during an upcoming period, waiting for a test at 16.30 followed by 16.85. Therefore, the bullish trend will remain valid and […]
Inca One Gold takes over Standard Tolling under plan of arrangement. This creates a new market leader for toll milling in Peru, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#167323 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: […]
Gold price continued moving towards new highs yesterday confirming my expectations. The price is in a bullish trend heading towards $1,200 as I forecasted several days ago. Gold price is expected to make a pullback today, but I would remain bullish looking for an opportunity to take profits soon. Red lines – bullish channel Gold […]
Gold on Wednesday is recuperating from its reputation as a dead asset following it zoomed past its 200-day moving average for the first time in around five months. The metal for immediate delivery settled at $1,183.33 an ounce. Prices hit $1,189.91, its highest since June 22. Gold was slightly bolstered after a gauge of US […]
Top company news of Caledonia Mining paying 7.5% dividend p.a. and Klondex Mines listed at NYSE Market with new symbol KLDX. Altona Mining moving forward with SRIG Joint Venture to go into production, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video and the full video archive on the Dukascopy […]
Cash Flow from Mexico, Alain Lambert, CEO & Chairman, Cyprium Mining. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#166520 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman Regardez la Dukascopy TV […]
Technical outlook and chart setups: Silver has reversed lower for the third time from the $16.00/10 levels (a rising wedge formation) as depicted here. The metal should accelerate towards the $15.00 levels after it breaks below the interim support line passing through the $15.75 levels for now. It is hence recommended to fix profits on […]
Technical outlook and chart setups: Gold is retracing after printing intraday highs around the $1,175.00/77.00 levels. No doubt, that the yellow metal still has enough room to push through the $1,200.00 levels and even higher, but a correction is due to take place before further extension. It is hence recommended to fix full profits on […]
Pound Rallies after CPI Shock Morning Report: 07.30 London • This morning, the dollar index is once again on the retreat after a brief rally yesterday on the back of disappointing German ZEW economic sentiment data. This comes despite Chinese inflation coming in below expectations this morning. • The […]
Overview: Since our last analysis, gold has been trading upwards. As we expected, the price tested the level of $1,175.90 in a high volume. An intraday trend is upward. In the daily time frame, our strong trading range $1,170.00 (resistance) and $1,098.50 (support) got finally broken. In the H1 time frame, we can observe broken […]
Overview Silver price broke the level of 15.85 and closed above it. That underpinned a bullish correctional rise on an intraday and short-term basis. As the price targets the level of 16.30, a breakout above this level will extend the bullish wave towards 16.85. The price found continuous support at the EMA50, and we should […]
Gold price broke above the short-term resistance and previous high of $1,170 confirming the uptrend on the chart. The level of $1,200 is my target area plus or minus 10$. I do not believe that gold bulls have enough strength to break above $1,250 at the moment. Red line – resistance Green line – support […]
The U.S. Federal Bureau of Investigation and the Justice Department have started probing Goldman Sachs Group Inc.’s role in a series of transactions at 1Malaysia Development Bhd., the Wall Street Journal reported, citing sources. The sources said the probe is at the information-gathering stage, and there is no suggestion of wrongdoing by the bank. They […]
Technical outlook and chart setups: Silver has dropped to the $15.40 levels today before pulling back higher again to the $15.90 levels. The metal needs to drop below the $15.40 levels to confirm further downside towards the $15.00/10 levels. On the other hand, if the mark of $15.40 holds, the metal should be heading higher […]
Technical outlook and chart setups: Gold has begun retracing for now before pushing through fresh high at the $1,192.00 levels. The metal is trading around the $1,158.00 levels for now and could be forming a base at the $1,125.00/30.00 levels, which is Fibonacci 0.618 support of the rally between $1,104.00 and $1,169.00. The metal remains […]
Overview: Since our last analysis, gold has been trading upwards. As we expected, the price tested the level of $1,152.85. An intraday trend is downward. In the daily time frame, I found a trading range between $1,170.00 (resitance) and $1,098.50 (support). In the H1 time frame, we can observe supply (downward channel) in a high […]
China Import Slump Morning Report: 07.30 London • This morning, China is under focus again after posting a larger than expected surplus. Exports dropped by a small amount, while imports collapsed by around 20%. This has hurt the commodity currencies of the Australian and New Zealand Dollar as it provides further proof of a slowdown in […]
Gold price is making a pullback after the recent rally to $1,169. This pullback is considered to be normal to back test the area of $1,150. Bulls have nothing to worry about. A trend remains bullish, and we still expect the price to reach $1,200. Red line – resistance TL (broken) The price is above […]
Crude Prices were seen trading higher on Friday as the ongoing conflict in Syria raise concerns over the supply distribution in the region. Prices for the North American West […] The post Oil Prices Climbs Amid Escalated Syrian Turmoil appeared first on | HY Markets Official blog. Related Posts:Weekly Forex Outlook: 12/01/2024 – China […]
Gold futures on Monday recorded its highest settlement in over three month as it extended last week’s advance despite speculations for a delay in raising interest rates. Gold for December delivery ended at $1,173.20 an ounce, up 0.7%. Last week, gold added around 1.7% and posted its highest close since August 21. Also, December silver […]
Technical outlook and chart setups: Gold has pushed through the $1,169.00 levels for now and could be preparing to target the $1,192.00 levels at least before producing a meaningful retracement lower. The yellow metal will remain in control of bulls until prices stay broadly above the $1,110.00 levels. It is hence recommended to remain long […]
Fears For Global Growth, Rate Hike Still likely for 2015 Morning Report: 06.45 London • This morning, markets are mixed after vice chair of the Fed’s board of governor’s Stanley Fisher warned that global developments could restrain economic growth – but he also reiterated that a rate hike is still likely before the end of the […]
Overview: Since our last analysis, gold has been trading upwards. As we expected, the price tested the level of $1,166.49. An intraday trend is upward. In the daily time frame, I found a trading range between $1,170.00 (resitance) and $1,098.50 (support). In the H1 time frame, we can observe weak supply around the level of […]
Gold price made a confirmed weekly breakout on Friday holding the support of $1,140 after the back test of the breakout. The trend remains bullish and my short-term target remains at $1,200. Red line – trend line resistance Gold price has broken above the short-term downward sloping red trend line trading above the Ichimoku cloud. […]
Markets Rally on Fed Caution Morning Report: 06.45 London • This morning, markets continue to enjoy the cautious bias the FOMC is taking towards a potential 2015 rate hike. There was little new in last night’s FOMC minute release, but air of caution still remains. This has been a shot in the arm for dollar pairs […]
Gold inched higher Friday, set for a weekly gain, following the minutes of the Federal Reserve’s last meeting indicated policymakers were not rushing to raise interest rates. Although the Fed were prepared to increase rates, they were worried a global economic slowdown might affect the overall US economic outlook. Spot gold settled at $1,144.20 an […]
Technical outlook and chart setups: Silver is retracing for now and initial support is seen at the $15.20/30 levels. As depicted here, the metal remains poised to push higher towards at least the $16.30/40 levels before a meaningful retracement takes place. It is hence recommended to remain long for now and also look to add […]
Technical outlook and chart setups: Gold is inching higher for now, heading towards the $1,200.00 levels at least, after having formed a bottom at the $1,105.00 levels on October 2, 2015. The yellow metal has been forming higher highs and higher lows as seen here, and bulls are expected to remain in control until prices […]
FOMC & MPC Under Focus Morning Report: 06.45 London • This morning, the dollar index is on the back foot once again as markets prepare for the release of the minutes from the last FOMC meeting. In the context of calls for caution surrounding global growth prospects, in shifts in tone from the Fed could see […]
