"There is apparently a move of institutional investor money into gold and there are usually very good reasons for that." Spot gold was up 0.6 percent at $1,256.75 an ounce by 2:26 p.m. EST (1926 GMT), having touched its highest since Nov. 11 at $1,260.10 earlier, zeroing in on the 200-day moving average. It was on track to finish the week higher...
Expected to bought the Currency on wednesday Selling mode in progression :Dominant Bearish Mode Expectation Forcast Rally Level @111.550 Expectation Forcast Rally Level @111.281 Telegram Channel :https://t.me/fiboking_hentakfx ===================================== Trader :TengkuFibo (FOREX TRAINER) Support by :Hentak Fx Support by :FIBOKING MALAYSIA...
Brexit Boom in UK gold exports distorts impact of Brexit Apparent rebalancing of economy since referendum driven by China demand for gold. Telegram Channel :https://t.me/fiboking_hentakfx
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The U.S. dollar fell to a more than two-week low against the Japanese yen on Friday as investors doubted the likelihood of swift tax reform and a quick spending boost from U.S. President Donald Trump's administration. On Thursday, U.S. Treasury Secretary Steven Mnuchin suggested that much work was still needed on key elements of a tax reform plan, one of the...
The EUR/USD pair closed the week in the red sub-1.0600, although off its weekly low of 1.0520, as the dollar lost momentum following FOMC's Minutes and comments from US Treasury Secretary Mnuchin. Many US policy makers vowed for a rate hike "fairly soon," but market's confidence about a March hike tumbled amid officers' uncertainty about fiscal policies. On...
Telegram Channel :https://t.me/fiboking_hentakfx EUrUSD sell @ 1.06223 EUrUSD sell @ 1.06274 EUrUSD sell @ 1.06436 EUrUSD Stoploss @ 1.06600\\ EUrUSD Take Profit @ 1.05646
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USDJPY BUY signal @ 112.500 Take Profit @ 113.354 Stoploss @ 112.166
My Skill trading very simple I do Trade what does market make a move I do Trade What i would see on the chart I do Trade base on collection data price index and Fundamental Forcast I do Trade base on Pullback position market and confirmation setup I do not Trade base on what would i think for the next move it's killing your position. I do not Trade...
Goldman Sachs analysts say they are “agnostic” toward gold, looking for the price a year out to be only slightly above current levels. Gold has rallied a little more than $100 an ounce since the metal hit its December low, with Goldman saying the bounce has been in line with other market moves, such as long-dated U.S. real interest rates, and shifts in sentiment...
US Dollar Rise on Fed Rate Hike Bets at the Mercy of Team Trump Not surprisingly, the same dynamic put the US Dollar under pressure. The Minutes document painted Fed officials as more cautious than the fiercely hawkish rhetoric on offer recently. This seemed to pour a bit of cold water on the likelihood that a hike will materialize in March, although the...