by SignalsFactory Staff | Nov 17, 2022 | Forex Analysis
Forex Trading Gold prices fell from a key resistance level on Thursday as the metal’s safe haven demand diminished on waning fears of an escalation in the Russia-Ukraine conflict, while copper prices fell further on concerns over a COVID outbreak in China. Bullion...
by SignalsFactory Staff | Aug 16, 2022 | Forex Analysis
Bears stretch out into fourth successive day and test through significant support at 1.2026 (50% of 1.1760/1.2293 upleg / daily Kijun-sen), pressuring psychological 1.20 support. Technical structure on day to day graph is negative (MA’s in negative...
by SignalsFactory Staff | Aug 15, 2022 | Forex Analysis
The USD/CAD bounce back from around the 200-day EMA and revitalizes strongly towards its everyday high at 1.2934 because of a gamble off drive prodded by powerless Chinese financial information, close by lower oil costs, with WTI’s sliding 3.50%, beneath the $90...
by SignalsFactory Staff | Aug 8, 2022 | Forex Analysis
The New Zealand dollar has begun the week with solid additions. In the European meeting, NZD/USD is exchanging at 0.6281, up 0.63% on the day. US Nonfarm payrolls send dollar higher The week finished with a bang as US nonfarm payrolls crushed it out of sight. The July...
by SignalsFactory Staff | Jul 28, 2022 | Forex Analysis
EUR/USD has lost its bullish force subsequent to having acquired almost 100 pips in the late American meeting on Wednesday. The pair exchanges close to the furthest reaches of its 10-day old reach and needs to clear the 1.0230 level to keep on pushing higher. Albeit...
by SignalsFactory Staff | Jul 27, 2022 | Forex Analysis
Gold is holding consistent in front of the FOMC rate choice. Such a respite is in many cases the preamble to a decent move. Gold has been moving in a wide sideways circle of $1680-$2070 after strong additions for very nearly two years. At the ongoing levels close...
