The NZD/USD declined towards 0.5871 on Tuesday reflecting a loss of 0.46%, despite. The pair's movements are largely influenced by the market’s adjustments of their expectations and the delay of a rate cut by the Federal Reserve (Fed) by year-end. Rising Treasury yields are also applying downward pressure on the pair. On the data front, in March, Building Permits...
Btc The technical picture now is more bearish as the decline from the 20-month high reached two weeks ago has continued, with the price trading above the big round number at $40,000 and breaking above some resistance levels which have now likely flipped to become resistance. Despite this bearishness, over the past couple of days the price has firmed up and...
Eurusd relatively volatile after the latest flash manufacturing and services PMI numbers from the US and Europe. It initially jumped to a high of 1.08980 and then pulled back as traders wait for the upcoming ECB decision and US economic data. The latest numbers by S&P Global showed that European manufacturing sector continued to contract in January as companies...
Hii everyone its Lesedi here, hope everyone is going to have a great upcoming week, and we will,make money
Look at bitcoin dropping towards a strong support level around 30000 once it hits there history buys from there !!!!!!!
* Gold overall trend is Bullish . NB-Possible retracement for Good buy position is around 1807 area with a target of up to 1831 which is the next highs. _intraday or swing FX:USDOLLAR Gold has to break zone 1833 to form a break out and retest . If a break out is formed at the stated area , further Long (buys) to 1897 area even beyond.
GBPUSD as broken out of support soon to became resistance expecting a pullback to 1.234 level
Since the US Dollar Index is gaining upward momentum then I expect this pair to break and retest 0.68000 to Entr for the Short trade to 0.665000
SELL AUD/JPY @ 74.438 SL @ 75.250 TP1 @ 73.880 near 23.6% TP2 @ 73.500 near 38.2% TP3 @ 73.200 near 50% -Price action shows a bullish trend but double topped at whats looks to be a strong daily resistance respected many times as far back as Sep. 16, 2019. -TP3 sits well at the 50% level...
here is the bigger picture of EURCAD... short position holding...
05/19/2019. Bitcoin has been on the rise for the past few months and expecting it to appreciate more from the look of the market, Buyer are in control... Technical Analysis: Using a combination of our tools from our trading toolbox (Fibonacci, Support and Resistance Level) At Fib's 50% (7094.0) price level showing a bullish engulfing pattern. From the...
MKSI worked on a longer-term bottom formation that is completed and moving up with momentum at this time. The consolidations of the past two 1-day runs are very precise and horizontal. These candlestick patterns offered excellent low-risk entries. The stock has an all-time high around $128, so ample room to move up further. It has also completed a near perfect V...
Investors will also be looking for the U.S. economic events like building permits, housing stats, and Philly Fed manufacturing index to determine further movements in gold. In case you don’t know, the dollar shares a strong negative correlation with gold. Therefore, the positive data may drive bears in the bullion market today. Refer to Fxleaders Aug 16 – Economic...