Brazil Retail Sales (MoM) below expectations (0.7%) in June: Actual (-0.1%)
Brazil Retail Sales (MoM) below expectations (0.7%) in June: Actual (-0.1%)
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Brazil Retail Sales (MoM) below expectations (0.7%) in June: Actual (-0.1%)
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USD/JPY spiked higher to 148.01 last week but reversed sharply from there. After all, it’s staying in range of 142.10/148.64. Initial bias remains neutral this week first. On the upside, firm break of 148.64 will resume the rise from 139.87 to 61.8% retracement of 158.86 to 139.87 at 151.22. However, break…
The 1st question is how many dissenters will there be to today’s widely anticipated rate cut. The 2nd question is whether the Dot Plot will forecast 3 or 4 rate cuts. If it forecasts 3 or less, then it can trigger a modest selloff in indices and gold with a boost for USD. Will I…
GBP/USD’s fall from 1.3867 extended lower last week but recovered after hitting 1.3432. Initial bias remains neutral this week first. Current development argues that it’s already correcting the whole rise from 1.2099. Risk will stay on the downside as long as 1.3711 resistance holds. Below 1.3432 will target 1.3342 support first. Firm break there will…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! GBPAUD short term forecast and technical analysis is here. We do our analysis on the MetaTrader4 platform (MT4), some very interesting, useful tips and hacks about the MT4 platform could be found here….
By Promise Longe, University of Kansas In the search for more, new and cleaner sources of energy, a largely untapped resource is emerging: natural hydrogen. Unlike hydrogen produced from industrial processes, natural hydrogen forms through geological reactions that occur normally within the Earth’s crust, meaning it costs nothing to make – though it costs some…
Gold had a shaky start to the week, being dragged below 3000 psychological level briefly, alongside broader risk asset liquidation. But as stock markets across Asia extended their crash into Monday, the precious metal caught some safe haven flows and bounced back above 3030 quickly. Meanwhile, a critical 2950/60 zone appears to be providing strong…