Market participants expect the RBNZ to maintain its key interest rate at 1.75% together with the neutral outlook for the monetary policy. NZD has undergone a strong influence on political risk, which seems a little exaggerated. With such a neutral position, optimistic RBNZ may be a pretext for short positions on NZD and short-term currency […]
Recently, Gold has been trading upwards. The price tested the level of $1,282.40. Anyway, according to the 15M time – frame, I found successful rejection from pivot resistance 1 at the price of $1,280.70, which is sign that buying looks risky. I also found a hidden bearish divergence on the stochastic oscillator, which is another […]
GOLD PRICE gains of 0.9% for the week so far held firm in London trade Wednesday as world stock markets flat-lined with bonds and commodities, and news spread that hundreds of millions of dollars held in crypto-currency Ethereum have been potentially lost by a developer “error”. Between $150-300 million-worth of crypto-currency was either frozen […]
Excitement goes on sale in the first hours on Wednesday. USD initially lost, although in the last few minutes it regains vigor. The flat closure of Wall Street has given tone to the trade in Asia. Crude oil falls slightly after weaker data on China’s imports. In general, markets remain in tight zones. EUR/USD trades […]
The growth of geopolitical tensions in the Middle East has become a catalyst for the rise of oil prices to its highest in 2.5 years. From the level of June lows, Brent added about 40% against the backdrop of information about mass sweeps in Saudi Arabia and the ballistic missile from Yemen that reached Riyadh. […]
GOLD PRICES held most of yesterday’s 1.0% jump against the Dollar and touched new 3-week highs for Euro investors on Tuesday, trading higher as crude oil rose and Saudi Arabia accused Iran of “direct military aggression” tantamount to a declaration of war. Wall Street’s S&P500 index of US stocks ended Monday with its 11th […]
Recently, Gold has been trading sideways at the price of $1,276.00. According to the 15M time – frame, I found a supply trendline, which is holding. It also indicates that sellers are in control today. There is also a breakout of the pivot level of $1,276.95, which is another sign that there is weakness in […]
After quite an exciting Monday trading, the overnight Asian session passed in a quiet atmosphere. AUD found support for the RBA message and NZD did not suffer any revision of the RBNZ mandate. The work on tax law in the US is slow (but forward). Crude oil remains strong on hopes of OPEC and turmoil […]
Gold price has broken above the 4-hour Kumo (cloud). This is an initial bullish sign but we will need to see confirmation of this strength by breaking previous highs. Red line – price support Black line – RSI support As we mentioned yesterday, the RSI was on top of support and we expected price to […]
Sierra Metals is a solid and profitable mid-tier base and precious metals producer operating in Peru and Mexico with three mines. The company has a strong liquidity, good margins and should be able in the near-term future to restart their dividend payments. Production costs are low and the company benefits well from the risen copper […]
The week starts with a slightly stronger US dollar, especially against the yen as USD/JPY hit 114.70 and the New Zealand Dollar hit 0.6900 level. Raw material prices continue to dominate the commodity markets. WTI close to $56, and there is a huge increase in natural gas prices and a sharp increase in copper prices. […]
Gold price remains in a bearish trend. Price has broken again below the 4 hour Ichimoku cloud as it could not stay above $1,280 last week. Price got rejected at the important short-term resistance and that is why we closed near the lows. Black line -RSI support Gold price is trading below the 4 hour […]
GOLD PRICES rose in all major currencies outside a rallying British Pound on Monday, gaining as crude oil hit 2-year highs amid political turmoil and violence in the Middle East. Gold prices rallied back to $1272 per ounce as oil futures rose to their highest Dollar price since mid-2015, breaching $62 per barrel of […]
The main currency pair has outlined the boundaries of the medium-term trading range and is not going to leave it until the new driver is just around the corner. What can make the EUR/USD pair break above 1,188? Most likely, a sharp acceleration of European inflation, which will compel the ECB to make adjustments to […]
GOLD PRICES gave back a $5 pop on new US jobs data Friday to near the weekend at $1269 per ounce – a 13-week closing low – as world stock markets slipped from new all-time highs. Crude oil rose but base metals eased back further from their 25% gains of the last 6 months. […]
Recently, the Gold has been trading sideways at the price of $1,274.00. According to the 15M time – frame, I found that price is trading below the pivot level ($1,277.55), which is a sign that sellers are in control today. I also found hidden bearish divergence on the MACD oscillator in the background, which is […]
Much data, but little reaction. EUR/USD is located around 1.1660. USD/JPY is around 114.00. On the shoulder is still a pound: GBP/USD only slightly bounced over 1.3050. The Australian dollar, which loses nearly 0.5 percent after the next apparently disappointing retail sale, is the most neglected currency. On Friday 3rd of November, the main event […]
The Gold price has entered the Ichimoku cloud but is unable to clearly break above $1,283. The price got rejected at the resistance of $1,283 and is still in danger of moving towards $1,250-45. Blue line – resistance (broken) Red line – support The Gold price has entered the Ichimoku cloud. The trend is neutral. […]
The FOMC meeting statement did not bring any surprises. There is a similar optimism regarding economic activity in September. The hurricane-induced decline in employment is combined with an under-declining unemployment rate. At the same time, the Fed highlights the weakness of inflation, although it still assumes it is reaching the 2.0% target in the medium […]
Recently, the Gold has been trading sideways at the price of $1,276.20. According to the 15M time – frame, I found broken upward trendline in the background, which is a sign that buying looks risky. I also found a hidden bearish divergence on the MACD oscillator, which is another sign of weakness. My advice is […]
GOLD PRICES held or rose near multi-week highs for most investors outside the US Dollar and Euro on Thursday, as the Bank of England followed the Federal Reserve’s widely expected “no change” decision by raising UK rates off an all-time record low as analysts and traders had forecast. The Pound fell hard on the […]
The US Dollar is weaker overnight as there were rumors that Trump has decided that J. Powell will succeed J. Yellen as head of the Fed. EUR/USD reached a peak near 1.1670. Before the Bank of England decision, GBP?USD is approaching 1.33. USD/JPY is back at 114.00. AUD / USD is at 0.7720 (+0.5%) after […]
The Gold price has entered the Kumo (cloud) and a short-term trend has changed to neutral, as the price is making very short-term higher highs and whenever it pulls back towards $1,270 buyers step in and push it back towards short-term resistance of $1,283. Blue line – resistance (broken) Red line – support The Gold […]
Gold was able to pare its losses and is trying to cling to an important level of $1,280 an ounce on the background of the reluctance of dollar bulls to force events ahead of the announcement of the results of the FOMC meeting, details of tax reform and release of data on the US labor […]
Today, the US Federal Reserve will hold a regular meeting on monetary policy issues. Since the meeting is a “pass-through”, which is not accompanied by the publication of macroeconomic forecasts and a press conference by the Fed chair. The markets do not expect any changes, while the probability of raising the rate is less than […]
“Oil will go to the side where the Prince of Saudi Arabia sneezed”, this phrase was popular in the market a few years ago, which emphasized the importance of Riyadh for the black gold market. Since then, the situation has changed significantly due to the activity of slate producers in the United States that forced […]
Recently, the Gold has been trading sideways at the price of $1,274.00. According to the 15M time – frame, I found strong rejection from the upward trendline (re-test), which is sign that buying looks risky. The price also rejected near pivot resistance 2 at $1,282.00, which is another sign of weakness. My advice is to […]
GOLD PRICE gains of 0.9% overnight evaporated against a rising US Dollar in London on Wednesday ahead of the Federal Reserve’s latest policy decision, widely-expected to leave interest rates and QE unchanged. Gold popped to 1-week highs at $1280 per ounce in Asian trade overnight as the Caixin PMI survey said Chinese manufacturing activity […]
Trading plan for 01/11/2017: A quiet overnight trading session in Asia with most of the majors trading inside of the range. EUR/USD is at 1.1651, GBP/USD breaks to 1.3307 and USD/CAD is 1.2881. On the commodity market, Crude Oil has extended gains to $54.96, Gold is trading a little higher as well, currently at $1,275. […]
Rapid development of the Douay Gold Project in Canada for a multi-million ounce resource, Matthew Hornor, President & CEO, Aurvista Gold Corp. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#223620 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 […]
