Trading news

GOLD Technical Analysis 01-05-2015

The yellow metal prices eased yesterday after the FOMC Statement decision on last Wednesday. The Fed has decided to continue its ongoing policy and current changing has been made. Gold moved more than $37/ounces in down word direction after this news.

Take a look on technical indicators.

Ichimoku cloud signal is bearish in H1 graph .In 1 hourly graph, tankan sen has crossed the Kijun sen and indicating some drop here. After the long wave A completion, this metal has completed the corrective wave 2 and now the 3rd Wave C has been started so 1159 can be seen in coming days.

Friday, 01 May, 2015 / 7:58

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news

 

USDCAD 5-Wave Impulse To Complete Triple Zigzag

The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]

Posted on Wednesday, 27 Jan, 2021 / 12:54 under

Republicans U-Turn On Trump Impeachment

Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as [...]

Posted on Wednesday, 27 Jan, 2021 / 12:53 under

OIL breaking higher after a surprise drawdown in API inventories – US OIL Market Outlook – 27/01/2021

WTI Crude breached our line in the sand resistance level at $52.60 to reach [...]

Posted on Wednesday, 27 Jan, 2021 / 9:26 under