Archive for Financial News – Page 2

Copper Speculators dropped their bullish net positions for 2nd week

By – Receive our weekly COT Reports by Email Copper Non-Commercial Speculator Positions: Large metals speculators decreased their bullish net positions in the Copper futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Copper futures, […]

EURUSD: Forex Technical Analysis – Improving euro-zone economic data bullish for euro

By IFCMarkets Improving euro-zone economic data bullish for euro Improving euro-zone industrial production and falling French unemployment are bullish for euro. Will the EURUSD continue rising? Euro-zone industrial production increased at a 0.4% rate in December, above the 0.1 % expected rate, according to Eurostat. Another positive news for euro-zone was the news France’s unemployment […]

Fibonacci Retracements Analysis 16.02.2018 (BITCOIN, ETHEREUM)

Article By BTCUSD, “Bitcoin vs US Dollar” As we can see in the H4 chart, the convergence made BTCUSD reverse and start a new ascending correction, which has already reached the retracement of 38.2%. In the short-term, the price may continue the correction towards the retracements of 50.0% and 61.8% at 11613.00 and 12935.00 […]

Dollar collapse likely to remain in place

Article by ForexTime It has been a painful week of trading for the Dollar. The Greenback has essentially reversed its recovery from the previous two trading weeks, to return back towards levels not seen since December 2014. This means that the Dollar has not been valued this low since traders began to price in the […]

Forex Technical Analysis & Forecast 16.02.2018 (EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, USDRUB, GOLD, BRENT)

Article By EURUSD, “Euro vs US Dollar” EURUSD has formed another consolidation range and broken it upwards; right now, it is still moving upwards. Possibly, the price may reach 1.2562 and then fall towards the downside border of the range at 1.2457. If later the instrument breaks this level downwards, the market may start […]

Forex market review (16/02/18)

By Veselin Petkov, Alpari   Ahead of today’s European session, the euro is continuing on its upwards trajectory against the US dollar. At the time of writing, the EURUSD pair is trading at the 1.2547 mark. This marks a rise of 0.9 cents for the euro against the dollar over the last 24 hours. In […]

US Stocks end higher for fifth straight session

By IFCMarkets Dollar falls fourth straight session US stocks continued rising on Thursday. Dow Jones industrial average advanced 1.2% to 25200.37. The S&P 500rose 1.2% to 2731.20. The Nasdaq composite jumped 1.5% to 7256.43. The dollar weakened fourth session in a row: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of […]

GBP/USD Strong Bullish Advance

By Admiral Markets Source: Admiral Markets MT5 The GBP/USD is making a strong bullish advance towards 1.4160 level. The POC zone 1.4040-1.4070 (38.2, D L3/L4, channel line, W H4) should reject the pair in the case of retracement. As long as the pair is kept above D H3, the bias is bullish. Targets are 1.4159 […]

Gold Miner Boosts Reserves by 86% Year Over Year

By The Gold Report Source: Streetwise Reports   02/15/2018 BMO Capital Markets analyst Andrew Kaip shared the highlights of this company’s recently reported mineral reserves. In a Feb. 12, 2018, research note titled “2017: A Year of Reserve Growth,” Andrew Kaip, an analyst with BMO Capital Markets, reported that Canada-based IAMGOLD Corp. (IMG:TSX; IAG:NYSE) released a […]

Oil swings back into focus on OPEC alliance

Article by ForexTime Oil bulls got another thing to cheer about today as Russia and OPEC announced they were looking to draft a long term agreement around an alliance to help control oil markets. This seems like a fantastic opportunity for OPEC, but in reality Russia has already been assisting OPEC for some time. Secondly […]

RoboForex is improving trading conditions for MetaTrader 5 platform

Belmopan, Belize  – RoboForex, an international broker, which provides online trading services on different financial markets, is announcing new trading conditions that are now available in one of the most technologically advanced platforms, MetaTrader 5. Starting today, traders have an opportunity to benefit from the increased leverage values in MT5 web terminal. New conditions are […]

Egypt cuts rate 100 bps as inflation ‘pressures contained’

By      Egypt’s central bank cut its key policy rates by 100 basis points, confidently saying data confirms a moderation of underlying inflationary pressures and “inflationary pressures have been contained.”       The Central Bank of Egypt issued the following statement: “In its meeting held on February 15, 2018, the Monetary Policy […]

WHEAT: Technical Analysis – Drought bullish for wheat prices

By IFCMarkets Drought bullish for wheat prices Drought conditions are expected to continue across US south western Plains. Will the wheat price resume advancing? Radiant Solutions forecast indicated dry weather across the south western Plains over the weekend, with little likelihood of showers next week. Continued drought conditions are bullish for wheat, data showing the […]

Ichimoku Cloud Analysis 15.02.2018 (AUDUSD, NZDUSD, USDCAD)

Article By AUDUSD, “Australian Dollar vs US Dollar” AUDUSD is trading at 0.7939; the instrument is moving inside Ichimoku Cloud, which means that it is moving sideways. One should expect the price to test the upside border of the cloud at 0.7950 and then continue moving downwards to reach 0.7840. Another signal to confirm […]

Indonesia holds rate, says past easing was ‘adequate’

By        Indonesia’s central bank kept its benchmark 7-day reverse repo rate at 4.25 percent, as expected, reiterating that it considers past monetary easing as “adequate” to ensure momentum in the economic recovery while it continues to monitor “growing uncertainty” in global financial markets from higher-than-expected U.S. rate hikes, coupled with rising […]

Murrey Math Lines 15.02.2018 (USDCHF, GOLD)

Article By USDCHF, “US Dollar vs Swiss Franc” As we can see in the H4 chart, USDCHF is consolidating between the 3/8 and 5/8 levels. If the price breaks the 4/8 level, the instrument may continue growing towards the resistance start at the 5/8 one. Risk Warning: the results of previous trading operations do not guarantee the same results in the future. […]