Domestic gold prices surge 10% amid global rally and central bank buying
The reduction in import duties has further spurred The post Domestic gold prices surge 10% amid global rally and central bank buying appeared first on ForexTV. Source link
-
-
Economic Calendar Events to Watch for Smarter Trading Decisions
Staying informed about crucial Economic Calendar Events is key to developing effective Forex trading strategies. These events are pivotal in shaping market dynamics, particularly in the highly sensitive forex market, where small shifts in economic indicators can cause significant market volatility. For traders aiming to make smarter trading decisions, keeping a close eye on these…
-
Newsquawk Week Ahead 26th – 28th August – Forex Forum
Newsquawk Week Ahead 26th – 28th August Newsquawk.com Week Ahead 26th-30th August 2024: Highlights include US PCE, UoM, Global CPI’s, and NVDA earnings MON: UK Market Holiday (Bank Holiday), German Ifo (Aug) TUE: CBRT Minutes, Chinese Industrial Profit (Jul), German GfK Consumer Sentiment (Sep) WED: Australian CPI (Jul), Nvidia (NVDA) Earnings (Q2) THU:…
-
Dollar at Risk of Resuming Medium-Term Downtrend as Fed Confirms Rate Cuts Ahead – Action Forex
Fed Chair Jerome Powell’s highly anticipated speech at Jackson Hole didn’t disappoint market participants, as he clearly signaled that the time for easing monetary policy has arrived. This declaration provided a notable boost to US stock markets on Friday, with major indexes ending the week on a positive note. Meanwhile, Dollar tumbled across the board,…
-
EUR/USD Weekly Outlook – Action Forex
EUR/USD’s rally continued last week and the strong break of 1.1138 resistance argues that larger up trend may be resuming. Initial bias is on the upside this week for t 161.8% projection of 1.0665 to 1.0947 from 1.0776 at 1.1232, and then 1.1274 high. On the downside, below 1.1097 minor support will turn intraday bias…
-
USD/JPY Weekly Outlook – Action Forex
USD/JPY gyrated lower last week even though momentum is a bit unconvincing. Still, the development suggests that rebound from 141.67 has completed at 149.35, after rejection by 38.2% retracement of 161.94 to 141.67 at 149.41. Initial bias is on the downside this week for retesting 141.67 low. Firm break there will resume the whole fall…
-
GBP/USD Weekly Outlook – Action Forex
GBP/USD’s rally accelerated higher last week and the break of 1.3141 resistance confirms larger up trend resumption. Initial bias remains on the upside this week for 100% projection of 1.2298 to 1.3043 from 1.2664 at 1.3409. On the downside, below 1.3075 minor support will turn intraday bias neutral and bring consolidations, before staging another rally….
-
Italian prosecutors open manslaughter probe over sinking of luxury yacht By Reuters – Forex Trader Hub
TERMINI IMERESE, Italy (Reuters) – Italian prosecutors have opened a manslaughter investigation over the sinking of the superyacht Bayesian, which killed seven people, a senior investigator said on Saturday. The investigation is not yet targeting any individual person, he added. Source link
-
TRON (TRXUSD) Buying Time Is Now
TRON (TRXUSD) Price Forecast: August 24 TRXUSD buying time is now as the price is currently skyrocketing. The bulls are putting a lot of pressure on the cryptocurrency. On the other hand, if the coin prices hold above the prior high of $0.161, the bulls’ trend would likely continue, and the upper high level of…
-
Lucky Block Price Prediction: LBLOCKUSD Price Close to the $0.0000620 Supply Level
Lucky Block Price Prediction- August 24 The LBLOCKUSD price is close to the $0.0000620 supply level and has already increased significantly in the previous actions: obviously, the bears are clearly losing control. Based on the outlook, the crypto may likely hit the previous high at $0.0000620 resistance level provided the current support level at $0.0000171…
