XAU/USD lost its traction after advancing to multi-month highs. Near-term support seems to have formed a little below $1,770. Gold continues to react to fluctuations in US Treasury bond yields. The XAU/USD pair managed to build on last week’s gains and touched its highest level since late February at $1,790 on Monday. However, the pair
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A bit of a lower count due to lesser testing over the weekend The 7-day incidence rate keeps higher at 165.3 so that is still cause for concern in Germany, as total deaths exceed 80,000 since the start of the pandemic now. Meanwhile, total active cases across the country is seen at ~286,500. Medical capacity
German Dax makes new all time highs The German Dax broke higher today and in the process moved to a new all time high at 15473.83. The price of the index had been waffling up and down over the last 8 trading days in a non-trending market before breaking higher and running to the upside.
TOKYO: Oil prices fell on Monday amid mounting concerns that surging caseloads of coronavirus infections in India and other countries will lead to stronger measures and hit economic activity, along with demand for commodities such as crude. Brent crude was down 43 cents, or 0.6%, at $66.34 a barrel by 0139 GMT, after rising 6%
The report from the US Energy Information Administration (EIA) shows that total crude oil and petroleum products (ex. SPR) stocks plummeted -9.05 mmb to 1283.58 mmb in the week ended April 9. Crude oil inventory slumped -5.89 mmb (consensus: -2.89 mmb) to 492.42 mmb. Stockpile decreased in 3 out of 5 PADDs. PADD 3 (Gulf
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work
http://www.tradingmastermind.com/ This video shows strategy on how to set a frequency of the entries and exits in market trading. If your oblivious to whether not there’s a trend or a correction and you just go to a certain time frame and trade all the time, sometimes your trading strategy will work, sometimes it will not
The long anticipated Falcon FX Youtube channel is now live! Today’s video dives into who we are, how we trade simply in the Forex market, and why we do what we do here at Falcon. Goal setting, Mindset, and Patience really do pave the way to becoming a successful trader in the Forex space, and
This is a current strategy that I use to trade the forex markets. This is a proven strategy that is guaranteed to be profitable in the long run if you apply the methods properly. You should have 50-60% win rate using this method and get an avg of about 2R per winner. This method is
With much of the market fixated on Bitcoin’s (BTC) sudden price correction over the weekend, retail interest in digital assets appears to be on the rise, according to the latest statistics from Reddit. The r/dogecoin community added 145,859 weekly subscribers, according to Subreddit Stats. The gains are hardly surprising given DOGE’s dramatic rally over the
Goldman Sachs sees upside for the euro The euro spent the latter part of the week flirting with 1.2000 but unable to break above. Analysts at Goldman Sachs believe that it’s only a matter of time until it breaks through and runs to 1.2500. They’ve raised their three-month EUR/USD target to that level from 1.2100.
Price trended higher this week. In my latest video, I focus on the non-trending nature of the AUDUSD and how it based and rocketed higher. You can see it HERE. The price moved up around 180 pips from the low in the NY session on Tuesday, and above 138 pips after the pair moved back
NEW DELHI: Gold imports, which have a bearing on the country’s current account deficit (CAD), rose by 22.58 per cent to USD 34.6 billion (about Rs 2.54 lakh crore) during 2020-21 due to increased domestic demand, according to the Commerce Ministry data. Silver imports during the last fiscal, however, dipped by 71 per cent to
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo reported earnings and revenue that beat expectations for its first-quarter on Wednesday. Here’s how the results stacked up to expectations. Earnings: $1.05
What you need to know on Monday, April 19: The American currency extended its decline against most major rivals as the week came to an end, as risk appetite led. US indexes kept rallying, with the DJIA and the S&P 500 reaching record highs, as solid US macroeconomic figures hint at a substantial economic comeback
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WTI crude oil futures to settle at $63.13, up $0.33 or 0.52% the price of WTI crude oil futures are settling at $63.13. That is up $0.33 or 0.52%. The high price for the day reached $63.88. The low price extended to $62.83. The June contract settled lower by $0.32 at $63.14 Technically, the price is