Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 WTI Crude (44.16) Some points to consider in this commodity market: Two month support now coming under pressure. There is a morning star in late October which could provide technical guidance going forward. Trade …
Read More »EUR/USD – The Euro Continues to Remain Under Pressure
0.0 00 EUR/USD (1.0765) Talking points to consider in this Forex market: The EUR/USD took a major pounding after a robust NFP release on Friday. The recent dive has allowed for some buyers to enter this …
Read More »WTI Crude– Moving Closer to Test the 200 DMA Boundary
0.0 00 WTI Crude Oil (47.67) Some point to consider in this commodity market: Momentum shows that crude oil can move higher. The next test for oil is at the 200 daily moving average (DMA). Trade …
Read More »Video: XAU/USD – Gold Could Run From the Support at $1,155
0.0 00 My previous analysis on XAU/USD remain valid. Just some minor changes. Price action did break through resistance and there could be a shift on the daily chart. We could be seeing price movement towards$1,188 …
Read More »Video XAU/USD — Gold is Getting Read to Jump Higher, Maybe
0.0 00 Over the last several days we have seen the yellow metal (XAU/USD) lose a bit of ground as price has moderated a little bit. There appears to be a new short term swing high …
Read More »USD/CNH – US Treasury Adjust to Possible Increase in Chinese Capital Outflows
0.0 00 USD/CNH (6.3666) Some points to consider in this Forex market: The US Treasury Department estimates cash outflow in China of $250 billion in first half of 2015. The valuation of the Chinese Renminbi is …
Read More »WTI Crude: Getting Ready to Break Out
0.0 00 WTI Crude (49.34) Some talking points to consider in this market: WTI is holding above the RSI (5) support level at 40. Worth watching this level. Now looking to close above the supports at …
Read More »AUD/USD – Investors Shrug off Poor Chinese Data
0.0 00 AUD/USD (0.7029) Some points to consider in this Forex market: Traders as well as the Australian Dollar shrugged off a poor showing of economic data today. China’s industrial profits fell off 8.8 percent in …
Read More »AUD/USD – The Australian Dollar Sheds 0.5% on Data
0.0 00 Three points to consider: The AUD/USD lost more than 0.5 percent in early morning trading. July’s retail sales (monthly) in Australia dropped to a 14 month low. It is likely the Reserve Bank of …
Read More »EUR/USD – Need to Watch Support Levels Ahead of the ECB and NFP
0.0 00 EUR/USD (1.1237) The euro and the US Dollar should be in play this week. We have a lot of event risk on the horizon as a number of key data, like the US non-farm …
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