Can the Bank of Canada pull off a ‘cautious’ tapering?
· Bank of Canada likely to scale down its vast QE program today [...]
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
Trading news
JOHNSON & JOHNSON SHARES SPIKE ON EARNINGS BEAT
The company’s quarterly results come at a time when the distribution of [...]
Intraday Market Analysis – Recovery Momentum
EURUSD breaks above key resistance eurusd The euro recoups last month’s [...]
