Dollar weakening halts
US stock market suffered their biggest one-day percentage declines since 2008 on Monday in a session that started with plunge in oil and Asian indexes. Stocks closed off lows as President Trump proposed cuts to payroll taxes to alleviate coronavirus impact. The S&P 500...
Dollar weakening resumed
US stock market recovery paused on Thursday as investors' concern the negative impact of coronavirus outbreak may be bigger-than-realized mounted against the background of increase in coronavirus infection cases outside China. The S&P 500 lost 3.4% to 3023.94. The Dow...
Dollar weakening intact
US stock market rebounded on Wednesday after the surprise half-a-percentage-point rate cut by the Fed on Tuesday. The S&P 500 advanced 4.2% to 3130.12. The Dow Jones industrial average jumped 4.5% to 27090.86. Nasdaq rose 3.9% to 9018.09. The dollar weakening stalled...
Dollar strengthening intact
US stock market closed at record high on Wednesday with better than expected data and corporate reports boosting risk appetite as President Trump was acquitted on impeachment by the Republican-led Senate. The S&P 500 advanced 1.1% to fresh record 3334.69. The Dow...
Dollar strengthening intact
US stock market rebounded on Monday as positive data buoyed investors optimism undermined by worries about the impact of coronavirus infection in China. The S&P 500 gained 0.7% to 3248.92. Dow Jones industrial added 0.5% to 28399.80. The Nasdaq rose 1.3% to...
Dollar strengthening continues
US stock market recovered on Thursday as positive corporate reports offset concerns over coronavirus infection in China. The S&P 500 gained 0.3% to 3283.66. The Dow Jones industrial average rose 0.4% to 28859.44. Nasdaq composite index added 0.3% to 9298.93...
Dollar strengthening intact
US stock market closed mixed on Wednesday with better than expected corporate reports offset by concerns related to China’s coronavirus outbreak. The S&P 500 inched down 0.1% to 3273.40. The Dow Jones industrial average however added 0.04% to 28734.45. Nasdaq...
Dollar strengthening halts
US stock market ended the week on down notes on Friday as the respiratory virus spread in China. The S&P 500 fell 0.9% to 3295.47, retreating 1.0% for the week. Dow Jones industrial slid 0.6% to 28989.73. The Nasdaq lost 0.9% to 9314.91. The dollar strengthening...
Dollar strengthening intact
US stock market extended gains on Friday despite mixed data. The S&P 500 rose 0.4% to 3329.62, more than doubling its weekly gain to 2.0%. Dow Jones industrial added 0.2% to 29348. The Nasdaq gained 0.3% to 9388.94. The dollar strengthening accelerated as...
Dollar strengthening intact
US stock market rally resumed on Thursday as US-China trade deal came into forefront anew. The S&P 500 gained 0.7% to new record 3274.70. The Dow Jones industrial average advanced 0.7% to fresh record 28956.90. Nasdaq composite index rallied 0.7% to record...
Dollar weakening accelerated
US stock market pulled back on Friday after news the US airstrike killed Iran’s military commander. The S&P 500 slid 0.7% to 3234.85, booking 0.2% loss for the first trading week. Dow Jones industrial lost 0.8% to 28634.8. The Nasdaq fell 0.8% to 9020.77. The...
Political risks in the Middle East may cause an increase in gold prices
In this review, we suggest considering the personal composite gold instrument - Gold vs S&P 500 Index. Will the XAUSnP rise? Such a movement is observed when gold prices rise, and the S&P 500 decreases.
Gold is a...
Dollar strengthening halts
US stocks ended mixed on Wednesday after five-session record run as US-China deal euphoria abates. The S&P 500 slipped 0.04% to 3191.14 ahead of impeachment proceedings against President Donald Trump led by House Democrats. The Dow Jones industrial average slid...
Dollar weakening slowed
US stocks snapped three session winning streak on Monday ahead of Federal Reserve’s last policy meeting this year. Trade uncertainty remains high as “phase one” deal has not been reached ahead of December 15 deadline for 15% import duties on $156 billion of annual...
- USDJPY (Daily chart) moves higher, the next key level is at 109.32 the 50% Fibo of the High 112.38 (24.4.2019) & the low 104.49 (26.8.2019) the pair is close to finish 5 waves up (E), After completion of current wave, a new bear cycle is likely to start. Note: EWs are cycles of buying and...
Hi Traders ,Green pips all!
It might only be a matter of time before bullish momentum returns to the Looking to re-buy around this are zone ( 1435 - 1442 ) ,with this technical outlook and EWs count .the attached chart.
Trade with small risk always :) , Risk:Rewards / 1:3 would be accepted...
Silver rises in price against gold
The gold to silver ratio is adjusted down from the historical maximum. Will the decline of XAUXAG quotations continue?
Such dynamics is observed when gold becomes cheaper, and silver becomes more expensive. The cost of gold fell against the strengthening of...
Preparing for the meeting of the Bank of Mexico
In this review, we suggest considering the personal composite instrument (PCI) “Silver vs. MXN”. It reflects the price dynamics of silver against the Mexican peso. Will the XAGMXN rise?
Such dynamics indicate an increase in silver prices and the...
Dovish Fed stance bullish for gold
Halting interest rate hikes this year by the Fed is bullish for gold. Will the gold price continue rising?
Federal Reserve’s dovish stance hurts US dollar, making gold more affordable and attractive for investors. At a conclusion of March meeting yesterday...
US-China trade negotiations may be prolonged
Gold prices are falling amid difficulties in US-China trade negotiations and the strengthening of the US dollar. Will the XAUUSD continue to fall?
The US representative in trade negotiations with China Robert Lighthizer said that the US should...
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