Today
GBP/USD is trading in a bear trend above the 200-period simple moving average on the 4-hour chart. GBP/USD is back below the 1.2900 figure as Barnier said that Brexit agreement is still not reached. Technical indicators suggest a bearish bias. Resistances to the upside are seen near 1.2900, 1.2957 (July 19 [...]
Mon, Nov 12, 2018
Source: latest news ( fxsreet) Category: LATEST NEWS
Saudi Arabia hints at additional output cuts. OPEC's Barkindo expects the oil market to be in balance in Q4. After recording its longest losing streak on Friday and slumping to its lowest level in 9-months at $59.24, the barrel of West Texas Intermediate started the day with a bullish gap and extended [...]
Mon, Nov 12, 2018
Source: latest news ( fxsreet) Category: LATEST NEWS
EUR/GBP's correction from recent lows down at 0.8691 to 0.8774 has been sold into again and the price now oscillates between 0.8709 and 0.8738. EUR/GBP started out in Asia with a bullish gap with sterling plunging due to the weekend's negative Brexit news. EUR/GBP is now correcting higher again to 0.8741, off [...]
Mon, Nov 12, 2018
Source: latest news ( fxsreet) Category: LATEST NEWS
A spokesman for the UK government recently crossed the wires saying that the EU's chief Brexit negotiator Michel Barnier's comments about main elements of Brexit treat text being ready ‘should be treated with scepticism', as reported by Reuters. [...]
Mon, Nov 12, 2018
Source: latest news ( fxsreet) Category: LATEST NEWS
Gold remains under pressure, trading near $1,200/oz. Wall Street falls sharply and US Dollar consolidates gains. Gold slide further and reached a fresh daily low at $1,202/oz the lowest level in four weeks. The yellow metal is falling for the seventh-day in-a-row. A week ago was testing the key resistance [...]
Mon, Nov 12, 2018
Source: latest news ( fxsreet) Category: LATEST NEWS
Germany is expected to report a report an outright contraction in Q3. If realized, the news could weigh on the Euro regardless of the low expectations. A recession in Germany seems unlikely, but a negative quarter means it cannot be ruled out. Germany, the largest economy in the euro-zone, [...]
Mon, Nov 12, 2018
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
EUR/USD fell sharply on a mix of bad news from Italy, Brexit concerns, and the ongoing strength of the US Dollar. While it bounced off the lows, there is some hesitance. What's next? The Technical Confluences Indicator shows that the pair needs to overcome the 1.1272 level where we see [...]
Mon, Nov 12, 2018
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
The EUR/USD collapsed below the 1.1300 double-bottom to a 17-month low. The Fed, Italy, and Brexit are behind the downfall. The technical picture is bearish as the pair is not in oversold territory. The EUR/USD is finally out of the range, and with a bang. The world's most popular currency [...]
Mon, Nov 12, 2018
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
Pair Action Status Stop Loss Take Profit USD/CHF BUY Active 1.0058 1.0118 AUD/USD BUY Active 0.7178 0.7228 NZD/USD SELL Active 0.6746 0.6696 GBP/CHF BUY Active 1.2906 1.304 Additional Forex Trading Signals: MetaTrader: Visit www.mql5.com/en/signals/mt4 to select from many third-party trading signals that connect … Continue reading → [...]
Mon, Nov 12, 2018
Source: GCI news ( Latest) Category: LATEST NEWS
The GBP/USD kicked off the new week with another weekend gap, this time to the downside as there are concerns that the British government is torn over the Brexit approach. After slipping below 1.2900, what's next? The Technical Confluences Indicator shows that cable has some support at 1.2889 where we [...]
Mon, Nov 12, 2018
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
After a brief break for the Mid-Terms, the US Dollar is on a roll once again. What's next? Here is their view, courtesy of eFXdata: EUR/USD: Neutral (since 21 Aug 18, 1.1485): Scope for EUR to retest 1.1300. There is not much to add to last Friday's (09 Nov, spot [...]
Mon, Nov 12, 2018
Source: Forex Crunch ( Latest News) Category: LATEST NEWS
Crude Oil Movement For the 24 hours to 23:00 GMT, Crude Oil declined 0.92% against the USD and closed at USD60.19 per barrel on Friday, amid growing concerns over rising output and economic slowdown. Additionally, fresh figures from Baker Hughes … Continue reading → [...]
Mon, Nov 12, 2018
Source: GCI news ( Latest) Category: LATEST NEWS
Silver Movement For the 24 hours to 23:00 GMT, Silver declined 1.73% against the USD and closed at USD14.16 per ounce on Friday, tracking losses in gold prices. In the Asian session, at GMT0400, the pair is trading at 14.17, … Continue reading → [...]
Mon, Nov 12, 2018
Source: GCI news ( Latest) Category: LATEST NEWS
Gold Movement For the 24 hours to 23:00 GMT, Gold declined 1.21% against the USD and closed at USD1209.00 per ounce on Friday, amid strength in the US dollar. In the Asian session, at GMT0400, the pair is trading at … Continue reading → [...]
Mon, Nov 12, 2018
Source: GCI news ( Latest) Category: LATEST NEWS
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD declined 0.51% against the USD and closed at 0.7225 on Friday. LME Copper prices declined 0.8% or $49.0/MT to $6088.0/MT. Aluminium prices rose/declined 0.6% or $12.5/MT to $1964.5/MT. In … Continue reading → [...]
Mon, Nov 12, 2018
Source: GCI news ( Latest) Category: LATEST NEWS