Market Update by ForexBrokerInc

This is a discussion on Market Update by ForexBrokerInc within the Technical Analysis forums, part of the Methods category; EURUSD There’s little to be added to our Friday’s review as EURUSD continues sliding down of that 61.8% retracement seen ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Apr 21, 2015, 5:52pm   #1
Joined Mar 2015
Market Update by ForexBrokerInc

EURUSD

There’s little to be added to our Friday’s review as EURUSD continues sliding down of that 61.8% retracement seen last Friday. Today’s EU session brought EURUSD to as low as 1.0660 and current retrace to 1.07-1.0720 will be seen as another opportunity to join the bear run till 1.0620 and 1.05 respectively.

GOLD

The price of Gold withheld yesterday’s selling pressure at around $1190 per troy ounce. Increased volumes at around $1190 and continuation of the price, printing higher lows, allows suggestions that the price of gold is likely to advance above $1230/oz. With economic calendar being rather quiet for Gold this week, a gradual break above $1210 will provide a stronger signal for a new bull run. On the other side, a break below $1188 could see sharper movements down, aiming at $1170.
Attached Thumbnails
gold-2104.png  
ForexBroker Inc is offline Broker   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Friday Market Update- by ForexBrokerInc ForexBroker Inc Technical Analysis 0 Apr 17, 2015 5:53pm
U.S.market update Ritika Sharma Stocks 88 Mar 7, 2014 8:29am
Market Breadth Update ChartMan Indices 3 Nov 9, 2001 8:40pm
Market Breadth Update ChartMan Technical Analysis 0 Oct 21, 2001 11:25pm

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)