The OPEC+ decision is tomorrow There’s a strong consensus that OPEC+ will extend production curbs for at least another month at tomorrow’s meeting but there are some jitters after today’s JMMC meeting ended with no policy recommendation. WTI has fallen back to a session low of $59.60 from a high of $61.17 just a few
admin
Above the 100/200 hour MAs Earlier in the NY session, the GBPUSD was trading back toward the 100/200 hour MA. It was also just above the swing area between 1.3745-58. Holding that area was key to the buyers looking for more upside. Getting back above the 200 hour MA was also key. The pair did
MUMBAI: In a first of sorts, stock exchange MCX has facilitated a delivery intention of 190 kilos of locally refined 100 gm gold bars for the April 5 expiry contract. On the first day of delivery commencing on March 29, 604.6 kilos of gold mini bars were tendered for delivery to be given or taken.
Rising Treasury yields continue to weigh on gold. The Comex gold contract is on the way to record a second consecutive week of decline. Encouraging economic data and a less dovish Fed are the key factors pressuring the yellow metal. US economic data have been upbeat. Consumer confidence jumped +19.3 points to 109.7 in March,
In the U.S., a consumer that represents 70% of the economy is seen as key to a continued recovery, and confidence surged in March to its highest level since the pandemic began. cihatatceken | iStock | Getty Images Covid cases and variants are rising, but in the race between the vaccines and virus, chief financial
Data released on Wednesday showed the real GDP in Canada expanded at a rate of 0.7% in January. Analysts at the National Bank of Canada point out that the highly uneven economic recovery extended into January. They expect growth to remain strong for the remainder of the year. Key Quotes: “While the monthly figure was
Latest data released by ONS – 31 March 2021 GDP -7.3% vs -7.8% y/y prelim Private consumption -1.7% vs -0.2% q/q prelim Government spending +6.7% vs +6.4% q/q prelim Exports +6.1% vs +0.1% q/q prelim Imports +11.0% vs +8.9% q/q prelim Total business investment +5.9% vs +1.3% q/q prelim Slight delay in the release by
Moved back below 100 hour and 100 day MAs today The AUDUSD after initially moving higher today, reversed course and tumbled back below key MA levels on the hourly and daily chart. The hourly chart above has the daily 100 bar MA overlaid on the chart and it – and the 100 hour MA –
NEW DELHI: Gold and silver futures were trading lower on Wednesday pressured by a higher Treasury yields on optimism around a quick economic recovery as vaccinations gain momentum. The US 10-year Treasury yield rose as much as 1.776 per cent on Tuesday, its highest since Jan. 22. Higher returns on bonds increase the opportunity cost
China’s official data suggest that the country’s economy recovered significantly in March. PMI readings for all of manufacturing, services and construction activities improved strongly. While seasonal factor (low base effect in February) played a role, the strong first quarter reading signals that economic recovery remains underway. Key risks are global vaccination progress and US-China trade
In this article LULU Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Lululemon on Tuesday reported revenue and profit for the holiday quarter that topped analysts’ estimates, boosted by the athletic apparel maker’s online business, and double-digit
GBP/JPY stays firmer around two-week top amid bullish MACD. 13-day-old horizontal area guards immediate upside ahead of the early month’s multi-day high. One-week-long support line, key SMAs restrict short-term downside. GBP/JPY wavers around 152.15-20, up 0.33% intraday, ahead of Wednesday’s London open. In doing so, the pair attacks the key horizontal resistance that holds the
SASANFX1 is all about Trading Forex for beginners. V-Power Forex Signal Tips ?? :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ???? The V-Power Day Trading System ???? https://www.perfecttrendsystem.com/day-trading-strategy-for-forex-v-power ???? V-Power Entries Via Button “Auto Entry” ???? https://www.perfecttrendsystem.com/v-power-entries-via-entry-auto-button ???? V-Power Entries Via Button “Entry Now” ???? https://www.perfecttrendsystem.com/v-power-entries-via-entry-now-button ???? Steeper Trend Line Trading With V-Power ???? https://www.perfecttrendsystem.com/steeper-trend-line-trading-with-v-power ???? Setup V-Power ???? https://www.perfecttrendsystem.com/setups-v-power ––––––––––––––––––––––––––––––
Kilalalanin po natin ang Forex Trading kasama si Coach Jonathan mula sa PAFTI. Forex Trading in Tagalog / Filipino para sa mga kapwa pinoy. Paano makasali sa Discord group at Live Trading Room ng PAFTI? 1) Magbukas lang ng account gamit ang link: http://bit.ly/34PRwUt-XMPAFTiYT 2) Mag fund sa account 3) Contact kami sa official FB
???? SUBSCRIBE TO MY NEW FOREXVISIT CRYPTO YOUTUBE CHANNEL NOW ???? https://www.youtube.com/channel/UCbH1vfRbZEbsBNkm8tv6Q-g ???? SUBSCRIBE TO FOREXVISIT YOUTUBE CHANNEL NOW ???? https://www.youtube.com/c/ForexVisit If you want more Actionable Forex Premium Strategies, Go to:- https://forexvisit.com/courses/a-to-z-advance-price-action-course/ For Premium Signals- https://forexvisit.com/go-premium/ Visit- https://forexvisit.com Recommended Low Spread Forex Brokers:- 1- https://www.exness.com/a/nxs7yn4aac 2- https://www.icmarkets.com/?camp=16011 3- https://www.forextime.com/?partner_id=4804682 Chapters 0:00? Forex Visit Intro 0:59?
March 30 could become a historical day that will be remembered by Bitcoin (BTC) fans for a long time. Besides marking a 17% recovery from the $50,300 bottom on March 25, PayPal officially confirmed that it will support crypto payments for U.S. customers. Moreover, CME Group announced that its Micro Bitcoin futures contracts will launch
A look back shows what’s happening in the market On Feb 16, US 10-year yield gapped higher through resistance at 1.20% in a quick move to 1.31%. That set off a mostly one-way rise up to 1.77% earlier today. That move sparked a re-think in many asset classes, some Fed hand-wringing and non-stop inflation talk.
The price remains below 5-minute MA level/trend line/retracement on the intraday chart. The EURUSD has seen a bounce off lows for the day over the last hour or so. From an earlier post, the hourly chart did see a break below a lower channel trend line, but failed (at 1.1719 – see earlier post). The