Share: Gold price holds gains tightly as Fed policymakers support an unchanged monetary policy ahead. The US Dollar reported bearish closes six times in a row as hawkish Fed bets wane. Investors await the US inflation data, which is expected to fall further. Gold price (XAU/USD) clings to gains backed by a
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, CAC 40 Analysis and Charts Dow edges above 200-day moving average The impressive rebound for the Dow has carried the index back to the 200-day simple moving average (SMA).Early trading on Thursday has seen the price edge above this indicator, though a close
Stock markets moved higher across Asia, with the Hang Seng outperforming again as tech stocks strengthen. China stimulus hopes are also helping, and the CSI300 lifted 0.9%. The JPN225 bounced 1.8% after a stronger close on Wall Street yesterday. Last night, FOMC minutes were largely in line with expectations and what came out of the
If inflation meets forecast, then no more rate hikes are needed Backs reopening discussion on PEPP timetable We have to live with current uncertainty Oil prices are an upside risk to inflation This just conforms to market expectations that they are already done with rate hikes. As for the PEPP topic, it’s not quite unanimous
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update: Gold prices on course for best week since March Retail trader bets are now shifting more bearish A Death Cross remains in play on daily chart Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices are up over 2.3 percent this week so far,
UK GDP News and Analysis UK GDP YoY prints in line with estimates of 0.5% Monthly GDP rose to 0.2% in August, up from -0.6% in July Economic headwinds remain in the UK as growth remains limited The analysis in this article makes use of chart patterns and key support and resistance levels. For more
Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a
© Reuters. FILE PHOTO: New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021. REUTERS/Nir Elias/Illustration/File Photo LONDON (Reuters) – Israel’s shekel hit its weakest level since early 2016 and the cost of insuring the country’s sovereign debt against default soared on Tuesday after a bloody weekend assault by Hamas militants
Share: GBP/JPY sticks to modest intraday gains near the multi-week top touched earlier this Thursday. The BoJ’s dovish stance, a positive risk tone continues to undermine the JPY and lend support. Traders now look to the UK macro data before positioning for any further appreciating move. The GBP/JPY cross now seems to have
In the world of Forex trading, having the right tools at your disposal can make all the difference between success and failure. One such tool that has gained immense popularity among traders is the Heiken Ashi Oscillator MT4 Indicator. In this article, we will delve into the intricacies of this powerful indicator, exploring its origins,
