Forex Trading Online

GOLD- twice rejected at 50wsma

The metal again rejected at 50wsma and strong resistance seems at $1,191.00 levels. Until the metal close above 50wsma $1,181.00 bears have control. The world’s largest gold ETF – SPDR Gold Trust holdings fell 6.25 […]

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EURUSD- bulls must close above 1.1400 until, sell on rise

The pair erased the weekly gains closed with mild losses and closed near to 50wsma. Last week’s euro economic data pressures the euro. The German ZEW economic sentiment further Setback for Economic Sentiment. Especially, after […]

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China Q3 GDP decides the move either 0.7160 or 0.7360

The cross rejected twice at 20wsma pause the 2 weeks winning streak. The China import data and Aussie employment data were the two economic events pressures the AUD. The brand new week wraps with high […]

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China Q3 GDP seems to be at 6.8% first time since financial crisis in 2008

At early Asia’s session China 3rd quarter GDP and industrial production on year on year basis due.  Economists estimate that GDP will dip to 6.8% from 7.0% growth of Q2. The China’s GDP on a […]

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