Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 Silver the ancient currency. Not as expensive as Gold and not as widely traded it is still used as a currency by many people — in fact even in the state of Utah …
Read More »Silver — Pockets full of Profits?
AUD/CAD — Did you miss the opportunity for profit?
0.0 00 AUDCAD — 0.975 Most people would not consider this currency pair. It is not exciting, fast moving (usually) nor one of the ‘big six’. We, however, would disagree. All currency pairs offer profits. …
Read More »Daily Forex News: The Pound Traded Above 1.62
0.0 00 GBP/USD (1.6164) The UK Construction PMI edged higher printing at 64.2. This was above expectations or 63.5 and the highest level in nine months. The construction sector is following in the footsteps of the …
Read More »Daily Forex Trading Strategy: Could the Euro Move Higher?
0.0 00 EUR/USD (1.2658) Resistance Levels: 1.2660, 1.2750, 1.2860 Support Levels: 1.2605, 1.2530, 1.2450 The EUR/USD has formed a hammer candlestick above 1.2605. This is an indicator of a bullish reversal and a hint we could …
Read More »Daily Forex Technical Analysis: The Kiwi at a Crossroads
0.0 00 NZD/USD (0.7779) The kiwi to dollar Forex pair has formed what is called a piercing candlestick. There is little volume as traders are not buying or selling. We still need a confirmation of this …
Read More »USD/CAD — The trade that could be missed
0.0 00 (USDCAD — 1.11 … 1.12?) There are opportunities every hour of the day to trade — often in either direction, providing that the time, item, and price are picked correctly. (And of course the …
Read More »Daily Technical Analysis: The Sterling Ignores Good GDP Data
0.0 00 GBP/USD (1.6182) The United Kingdom has released its final gross domestic product number (GDP) for the second quarter. The British economy grew at 0.9 percent versus the 0.8 percent in the first quarter of …
Read More »Daily Technical Analysis — Is the Auzzie gaining more ground?
0.0 00 AUDUSD – 0.872 Looking at the daily and minute charts for the currency AUDUSD we see a fairly common picture emerge. AUDUSD – Minute Is the Auzzie gaining more ground against the US Dollar? …
Read More »Daily Technical Analysis: Gold is Range Bound
0.0 00 Gold (1219.91) After forming a morning star on our daily chart, seen below, there is a chance the price of the yellow metal will move higher. We need a daily close above 1,226.50 to …
Read More »Daily Technical Analysis: Gold is Looking for a Floor and Recovery
0.0 00 Gold (1,223.53) The yellow metal looks like it has found a bit of a floor. We seemed to have formed a bullish reversal signal, please refer to the below daily chart, and are waiting …
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