USDCAD failed to break the support at 1.2685. Trading Recomendation as follows: The post USDCAD, Expecting Bullish first appeared on PreferForex. [Read More...]
ForexLive Asia FX news wrap: Major FX rates track mainly sideways
Forex news for Asia trading on Monday 12 July 2021 The week kicked off more slowly than usual with the final match of the Euro 2020 (paid in 2021) attracting spectators away from early markets. At the conclusion of the game (ICYMI, Italy won the championship after a penalty ‘shoot out’ following a deadlock at thend of regualr and then extra time) forex remained moribund thoughRead MoreForexlive RSS Breaking news feed The post ForexLive Asia FX news wrap: Major FX rates track mainly sideways appeared first on Daily Forex Signals. [Read More...]
Forex for August 3, 2021. Prediction and Analysis
EUR/USD (Last Price: 1.1870) SELL First, Entry = 1.1865, SL = 1.1905, TP = 1.1825 if hit SL, then BUY, Entry = 1.1905, SL = 1.1865, TP = 1.1945 GBP/USD (Last Price: 1.3892) SELL First, Entry = 1.3880, SL = 1.3920, TP = 1.3840 if hit SL, then BUY, Entry = 1.3920, SL = 1.3880, […] [Read More...]
Gold, Crude Oil Forecast: XAU Eyes NFPs to Gauge Taper Timeline Appetite
This week's non-farm payrolls (NFP) will likely be key to gauge the direction of gold as markets look ahead to the Jackson Hole Economic Symposium. [Read More...]
Monday morning open levels – indicative forex prices – 12 July 2021
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week! If you are watching the Euro football final please excuse the interruption. This won’t take long.Read MoreForexlive RSS Breaking news feed The post Monday morning open levels – indicative forex prices – 12 July 2021 appeared first on Daily Forex Signals. [Read More...]
Midday Forex Prediction For August 2, 2021
EUR/USD (Last Price: 1.1903) BUY First, Entry = 1.1893, SL = 1.1853, TP = 1.1933 if hit SL, then SELL, Entry = 1.1853, SL = 1.1893, TP = 1.1813 GBP/USD (Last Price: 1.3983) BUY First, Entry = 1.3980, SL = 1.3940, TP = 1.4020 if hit SL, then SELL, Entry = 1.3940, SL = 1.3980, […] [Read More...]
Nasdaq Fluctuates Following Rosy ISM Manufacturing Report
Stocks gapped higher at opening bell on Wall Street, but the Nasdaq receded slightly following a solid ISM manufacturing report that showed strong employment gains ahead of NFPs due Friday. [Read More...]
Monday morning open levels – indicative forex prices – 02 August 2021
Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week!Read MoreForexlive RSS Breaking news feed The post Monday morning open levels – indicative forex prices – 02 August 2021 appeared first on Daily Forex Signals. [Read More...]
Forex for August 2, 2021. Prediction and Analysis
EUR/USD (Last Price: 1.1867) BUY First, Entry = 1.1869, SL = 1.1829, TP = 1.1909 if hit SL, then SELL, Entry = 1.1829, SL = 1.1869, TP = 1.1789 GBP/USD (Last Price: 1.3901) SELL First, Entry = 1.3893, SL = 1.3933, TP = 1.3853 if hit SL, then BUY, Entry = 1.3933, SL = 1.3893, […] [Read More...]
Gold Prices Risk Forming a “Double Top” Despite Yields Drop
SOURCE: DailyFX – Market News – Read entire story here.
Mexican Peso Weekly Forecast: USD/MXN Back Within Key Range as USD Flops
USD/MXN drops back into its recent range as investors await further guidance from economic data. [Read More...]
Digital Currency Market Review
Digital Currency Markets Highlights Digital Currency Market is a leading provider of online trading services, operating in the market since September 1994. Back then, the company was a hedge fund oriented exclusively on serving corporate clients. However, after reaching a 165 billion USD turnover in 2016, it had expanded towards the retail trading industry, due to heavy demand. Trading with Digital Currency Market means access to a wide range of trading products, including currency pairs, stocks, indices, commodities, and cryptocurrencies, as the broker is heavily focused on serving well customers across 160 different countries around the world. Even though the services covered also include savings accounts, crypto portfolios, and recovery programs, our Digital Currency Market Review will try to highlight some of the most important benefits when trading CFDs. As we’re… [Read More...]
EUR/USD Pops Above 1.1900 on Better-Than-Expected Euro Zone GDP Data
The first look at Q2 Euro Zone GDP data showed the block growing by a better-than-expected 2% while inflation rose to 2.2% in July [Read More...]
Japanese Yen Outlook: USD/JPY Month-End Bounce to be Capped as Downside Risks Remain
Bond spreads favour lower USD/JPY but watch for month-end recovery. [Read More...]
Mexico Second Quarter GDP Misses Expectations, USD/MXN Shrugs Off Data
Mexico's second quarter GDP grew slightly below market expectations, but the recovery continues to strengthen, bolstered by the services sector. [Read More...]
Midday Forex Prediction For July 30, 2021
EUR/USD (Last Price: 1.1903) BUY First, Entry = 1.1893, SL = 1.1853, TP = 1.1933 if hit SL, then SELL, Entry = 1.1853, SL = 1.1893, TP = 1.1813 GBP/USD (Last Price: 1.3983) BUY First, Entry = 1.3980, SL = 1.3940, TP = 1.4020 if hit SL, then SELL, Entry = 1.3940, SL = 1.3980, […] [Read More...]
US Dollar Little Fazed by Core PCE; Focus on Jobs & Sentiment
The US Dollar is trading broadly mixed on Friday after weakening notably earlier in the week. Core PCE data just released moves the needle little with markets focused on employment and risk trends. [Read More...]
Forex for July 30, 2021. Prediction and Analysis
EUR/USD No Comment GBP/USD (Last Price: 1.3948) SELL First, Entry = 1.3945, SL = 1.3985, TP = 1.3905 if hit SL, then BUY, Entry = 1.3985, SL = 1.3945, TP = 1.4025 USD/JPY No Comment USD/CHF No Comment AUD/USD no comment GOLD (XAU/USD) (Last Price: 1,829.51) Move (UP) first is higher Last price = the […] [Read More...]
New Zealand Dollar Outlook: NZD/USD Breaks Higher from Wedge Pattern
The New Zealand Dollar is gaining against the US Dollar after breaking higher from a wedge pattern. Meanwhile, Asia Pacific markets look set to trade Friday on a positive note. [Read More...]
Midday Forex Prediction For July 29, 2021
EUR/USD (Last Price: 1.1877) BUY First, Entry = 1.1852, SL = 1.1812, TP = 1.1892 if hit SL, then SELL, Entry = 1.1812, SL = 1.1852, TP = 1.1772 GBP/USD (Last Price: 1.3957) BUY First, Entry = 1.3910, SL = 1.3917, TP = 1.3950 if hit SL, then SELL, Entry = 1.3917, SL = 1.3910, […] [Read More...]
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