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US GDP Downgrade Boosts the Gold Price

US GDP Downgrade boosts the gold price and Personal Consumption Expenditures Inflation is on the way. Key Factors: Gold costs edge up on US GDP downsize, PCE swelling information next on tap Crude oil costs ascend as Russia, Saudi Arabia promise proceeded with participation What do retail merchants’ wagers propose about gold value patterns? Discover … Continue reading "US GDP Downgrade Boosts the Gold Price"

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USD MAY RISE DUE TO CUT IN TAX

Looking forward, a calm financial information docket in European and US hours appears to probably keep the focus on Washington DC, where the vote on charge change may stake put when Monday. The US Dollar may discover a touch of help if the measure passes, despite the fact that its post-FOMC dive recommends the arrangement’s … Continue reading "USD MAY RISE DUE TO CUT IN TAX"

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EUR/USD Trend Analysis Part 1

EUR/USD is one of the major pairs, which is trade by millions of traders. Often we are confused about sudden changes in its trends. Here in this post series, we are trying to cover a couple of factors, which are responsible for up and down in this currency pair (based on technical analysis of EUR-USD). … Continue reading "EUR/USD Trend Analysis Part 1"

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AUD/USD Recovering after Breaking Continuity of Downtrend

Talking Points: AUD/USD Technical Strategy: Long at 0.7666 Aussie Dollar breaks three-month downtrend, implying at bullish pattern inversion Strategic long position enacted, searching for move to test protection over 0.77 The Australian Dollar looks ready to dispatch a recuperation against its US partner in the wake of breaking above protection managing the downtrend since early … Continue reading "AUD/USD Recovering after Breaking Continuity of Downtrend"

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Crude Oil Prices Recoil Lower After Testing Former Chart Support

Key Notes: Crude Oil costs pullback lower subsequent to testing previous graph bolster Gold costs edge up in the midst of prepositioning for Fed rate choice EIA stock information, FOMC 2018 rate climb standpoint now in center Crude Oil costs fell as the US Department of Energy overhauled its 2018 creation conjecture while minimizing request … Continue reading "Crude Oil Prices Recoil Lower After Testing Former Chart Support"

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