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December Comex Gold traders continued to react to yesterday’s release of the somewhat hawkish Fed minutes on Thursday. The selling pressure was strong enough today to take out the recent bottom at $1281.00, changing the trend to down on the daily chart and setting up the market for further downside action. The rally in the […] [...]
Daily EUR/USD Technical Analysis The EUR/USD traded weaker early in the session, but the lack of follow-through to the downside and the subsequent reversal to the upside suggests the market may be oversold and ripe for a short-covering rally. The market crossed to the bearish side of a downtrending angle at 1.3252 shortly after the […] [...]
European stocks rose on Thursday, extending their sharp two-week rebound, boosted by better-than-expected German private sector growth figures which reassured investors about the outlook for Europe’s biggest economy following a soft patch.
At 1115 GMT, the FTSEurofirst 300 index of top European shares was up 0.5 percent at 1,352.52 points, reaching a level not seen since late July.
Markit’s flash composite Purchasing Mana [...]
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The franc still remains weak and EURCHF is still looking quite strong indicating a more risk-on environment than last week. The Euro will likely be the main driver for price action now so the FOMC minutes and whatever happens to EURUSD will be key. [...]
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I just got a new account with a UK broker, but I don't like how I experience slippage on this platform. I decided to go with this broker because of their copy system. I don't experience slippages with my other broker. But this new broker and their platform is killing my trades. Can anyone tell me any trick to avoid slippages? [...]