Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 Last week our currency strategist, Jason Schwartzman wrote how the volatility in the precious metal would bring traders more potential and he was right. With that said, all good things must come to an …
Read More »Gold Stalls Below $1250
Loonies flying north for the … winter?
0.0 00 USD/CAD — 1.1235 With the volatility of the USD currency, the loonies are gaining spread. Canadians tend to fly south to the warm weather for the holidays. The bearish trend on the USD/CAD means …
Read More »Gold — More Volatility and More Potential for Profit
0.0 00 Gold — 1239 USD Gold is on the second day of volatility, largely due to the change in the USD. Looking at the daily market chart it appears to be moving in a bullish …
Read More »The Kiwi Retreats from 0.8000
0.0 00 NZD/USD (0.7954) The Kiwi has been falling back from its high at 0.8000 and we failed to confirm the bullish candlestick. Looking at the below daily MT 4 chart, we now see a bearish …
Read More »Gold Travels to a Monthly High Above $1236.80
0.0 00 Gold (1242.10) The yellow metal put in a piercing line candlestick, see MT 4 chart below, then pushed higher. We have now broken above 1236.80 to reach a new monthly high. Should gold break …
Read More »With No Bearish Signs, the USD/CAD to Move Higher
0.0 00 USD/CAD (1.1356) Since putting in a bullish engulfing candlestick above 1.1080, the Loonie has pushed higher. With no signs of a bearish reversal, this trend is likely to continue. We have crashed above 1.1268 …
Read More »Gold Loses Some Steam at Current Resistance Level
0.0 00 Gold (1235.89) The yellow metal has shot higher. We wrote how we formed a piercing line pattern, on the chart below, then reversed course and shot higher. Gold is now challenging the resistance level …
Read More »Commodity Technical Analysis: The Yellow Metal Continues Higher
0.0 00 Gold (1228.40) After putting in a piercing candlestick, on the below daily MT 4 chart, the precious metal moved higher. The buyers are not finished yet and gold is moving higher. A daily close …
Read More »Daily Commodity Technical Analysis: The Gold Rush is Fizzling
0.0 00 Gold (1223.73) On Tuesday, we noted how the yellow metal formed a bullish reversal. As expected gold pushed higher. Referring to the daily MT 4 chart below, we note the piercing line candlestick and …
Read More »Forex Technical Analysis: The Aussie Dollar Continues to Fall
0.0 00 AUD/USD (0.8765) Resistance Levels: 0.8840, 0.8970, 0.9075 Support Levels: 0.8770*, 0.8660, 0.8570 The AUD/USD Forex pair has put in a couple of bearish reversal signals, starting with a piercing line a day or so …
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