Bear Rally Forces Gold Towards $2500! – Orbex Forex Trading Blog

Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of  AUDJPY forex pair  published in members area of the website.  The pair has recently given us a 3 waves bounce that completed precisely at the equal legs area  as we expected.  In the following text, we’ll explain the Elliott…

Investing.com – The U.S. dollar fell in early European trade Friday after weak data fuelled fears of a sharp slowdown in the world’s largest economy, potentially prompting the Federal Reserve to aggressively loosen monetary policy.   At 04:00 ET (09:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded…

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The Trend Exhaustion MT4 Indicator was designed to address that exact issue. It helps traders spot when buying or selling pressure is stretched and a pause or reversal is likely. Instead of reacting late, traders can prepare early. Before getting into the details, it helps to understand what this indicator really measures and how it…

By RoboForex Analytical Department Gold soared to a fresh record high on Monday, breaching 3,923 USD per ounce as demand for safe-haven assets intensified. The protracted US government shutdown continues to be a primary catalyst for the rally. The budget crisis has extended into the new week following a failed Senate vote on Friday, leading…