The recent indecision in the market has affected the gold market in a severe way. Professionally trained traders are overly cautious about the current situation of the struggling US economy. According to the last FOMC meeting minutes, there has been a slight indication that the FED might hike their interest >read more<
EURUSD Figure: EURUSD daily chart analysis The medium-term uptrend in the EURUSD pair has been breached by the sharp fall of price on 24th June 2016.From that level, the pair has managed to bounce back from the weak support zone of 1.09090.The EURO has gained some bullish momentum after the >read more<
There has been a massive chaos in the price movement of gold and silver in the past few weeks. Investors are worried about their investment as there is no clue about interest rate hike decision by the FED. The market is also making random price movement in comparison with major >read more<
The Australian dollar rose against other major currencies after the Reserve Bank of Australia kept interest rates at a record low of 1.50 percent. AUD / USD recorded a peak at 0.7653, and subsequently consolidated at 0.7637. The Australian dollar rose against the US dollar after the Reserve Bank of >read more<
The effects of the Brexit referendum have proven to be more than it was anticipated especially in the financial markets. Of all the affected currencies, the British pound seems to be feeling the most heat. The market seems to be the UK government so hard for the lack of planning >read more<
There are many traders who have spent many years in the forex market yet struggling to make a consistent profit. They have gone through all the indicators and much different trading strategy but none of them tends to fulfill their purpose. On the contrary, there are many traders who have >read more<
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