Analysis of Gold for August 17, 2018

Recently, Gold has been trading sideways at the price of $1,176.15. According to the M15 time – frame, I found that Gold is in a consolidation phase and a potential rising wedge is in progress, which is a sign that buying looks risky. The price also br... [...]

EUR/USD analysis for August 17, 2018

Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1419. According to the M30 time – frame, I found a false breakout of the yesterday's high at the price of 1.1408, which is a sign that buying looks risky. I also found... [...]

EUR/USD – Euro steady as Eurozone CPI meets expectations

EUR/USD is showing little movement in the Friday session. Currently, the pair is trading at 1.1382, up 0.07% on the day. In economic news, Eurozone Final CPI improved to 2.1%, matching the estimate. The eurozone current account surplus widened to EUR 23.5 billion, above the estimate of EUR 23.2 billion. In the U.S, the key event […] [...]

Turkish Lira rally halted on U.S sanctions threat

Friday August 17: Five things the markets are talking about Global trade worries have not disappeared, they are just on hiatus, as market participants prefer to regroup and strategize in this unorthodox U.S trade and foreign policy environment. Emerging market worries are not going away any time soon. They continue to straddle in bear market […] [...]

The markets fell into prostration again

Activity in the foreign exchange market has fallen markedly on the wave of the uncertainty factor, which is still going on, which is still being produced by the US in the struggle for world dominance in both political and economic spheres. Investors ar... [...]