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This section focuses on publications and analytical reports related to financial markets on a daily basis. Main Features Multiple asset-classes coverage Neutral assessment of market conditions Entry setups with relevant underlying price levels

Gold’s Bullish Bias Continues – Dovish FOMC and U.S. Shino In...

Gold continues to trade bullish around 1,478 as we enter in the U.S. session. Most of the buying came after the dovish reports from the FOMC, as investors' focus shifts to the trade war.

Steady Movement In Gold – Eyes on FOMC & Fed Rate...

On Wednesday, the price of the precious metal gold moved in a tight range as cautious traders back out from big bets before of U.S. Federal Reserve's monetary policy statement following in the day and amid an imminent tariff deadline.

Daily F.X. Analysis, December 11 – Top Trade Setups In Forex...

The forex market extends trading sessions mostly with the mixed sentiments as the trader's eye remains on the Fed Policy decision and CPI rate today. The FOMC will publish its policy statement, and Chairman Powell will be giving his comments on the policy standpoint. Ahead of this event, the U.S. Dollar Index is down 0.22% at 97.45 on Tuesday, supporting the pair stay relaxed above the 0.6800 handles. 

Daily F.X. Analysis, December 10 – Top Trade Setups In Forex...

The market continues to trade mixed risk sentiment due to diminishing expectations of no interest rate cuts by the Fed and delay in the trade deal. The top White House Economic Adviser, Larry Kudlow, confirmed on Friday that the December 15 deadline to impose new tariffs on around $156 billion worth Chinese products remains in place.  

Gold Bounces Off Amid Safe Haven Appeal – What’s Next?

During the Asian and European sessions, the precious metal gold surged as traders hedged against a possible intensification in the U.S.-China trade conflict before a Dec. 15 deadline for fresh U.S. tariffs.

Daily F.X. Analysis, December 09 – Top Trade Setups In Forex...

The U.S. dollar rebounded against other major currencies, as the ICE U.S. Dollar Index rose 0.3% to 97.68, halting a six-session losing streak. EUR/USD lost 0.4% to close at 1.1060. Germany's industrial production declined 1.7% on month in October (+0.1% expected).

Daily F.X. Analysis, December 06 – Top Trade Setups In Forex...

The British pound extended its gains on expectations that Brexit uncertainty could be cleared when the ruling Conservative Party wins a majority in the December 12 general election. GBP/USD charged 0.4% higher to 1.3157, a fresh 7-month high. EUR/GBP declined 0.2% to 0.8438, which was last seen in May 2017.

Gold’s Sideway Range Remains Intact – What’s Next to Expect? 

Gold prices mostly traded in sideways trading range of 1,483 - 1,475 due to lack of market moving fundamentals. Recently, the statement by Trump having no-deadline for the US-China agreement drove US Treasury yields lower and helped in tightening the spread between US Govt. Bond yields & Japanese Govt. Bond Yields. This made gold more attractive that day and hence XAU/USD pair suffered.

Daily F.X. Analysis, December 05 – Top Trade Setups In Forex...

On the forex front, the British pound bounced 0.9% to $1.3103, the highest close since May. Polls suggested a majority-win by Prime Minister Boris Johnson's Conservative Party in the general election to be held next week, which could clear political uncertainty over Brexit. Meanwhile, the Markit UK Services PMI for November (final reading) was released at 49.3 (48.6 expected).

Gold Sideways Trend Continued – ADP Fails to Drive Price Action! 

These back to backfires from Trump administration are affecting the credibility of the United States. Trump, on Monday, said that giving U.S. legislation to Hong Kong protestors was not making trade negotiations easy with China. However, he believed that Beijing still wanted a deal with the U.S. Trump added that China was having by far the worst year that hey had in 57 years and was still paying for the trade war. He said that in contrast, the U.S. was doing very well, and it can even do better with a flick of a pen.

Dramatic Buying In Gold – Trump Inflict Sudden Tariff In Brazil,...

On Tuesday, gold prices were trading in a tight area of 1,462 - 1,452 as traders were mostly staying out of the market during the Asian and European sessions. All of a sudden, we noticed a dramatic buying trend in gold, which lead its prices towards 1,472 and even higher. Most of the buying came in response to U.S. President Donald Trump's action of slapping tariffs on Brazil and Argentina.

Daily F.X. Analysis, December 04 – Top Trade Setups In Forex...

The market trades risk-off sentiment as the U.S. China trade war continues to play. The U.S. House of Representatives passed the Uighur Act, a bill to condemn the Chinese government for its mass internment of Uighur Muslims in Xinjiang. China has denounced the U.S. movement and has warned to take revenge.

Daily F.X. Analysis, December 03 – Top Trade Setups In Forex...

The global financial markets are trading the weaker dollar sentiment in the wake of worse than expected ISM manufacturing PMI data. On the news, the Euro gained 0.5% to $1.1079, the largest percentage gain since September 17. The Markit Eurozone Manufacturing PMI (final reading) for November was released at 46.9 (46.6 expected). Similar PMIs for Germany and France were posted at 44.1 (43.8 expected) and at 51.7 (51.6 expected), respectively. While the Markit U.S. 

Gold’s Descending Triangle Pattern – U.S. 0 China Trade Talk In...

On Monday, gold prices fell after better-than-expected manufacturing figures from China soothed concerns of a slowdown in global growth while deficit-ridden auto catalyst metal rose to an all-time high. Trump's

Daily F.X. Analysis, December 02 – Top Trade Setups In Forex...

The U.S. Dollar Index rose edged down to 98.27 from 98.33 during the previous week. The euro edged up 0.1% to $1.1015. Official data showed that November consumer prices in

Gold Choppy Trend Continues – What Next to Expect?

On Friday, the precious metal gold trade sideways in the wake of mixed fundamentals. Despite this, gold is still on track to post its most vital monthly drop in 3

Daily F.X. Analysis, November 29 – Top Trade Setups In Forex...

The U.S. dollar steadied against most major currencies on Thanksgiving day, with the ICE Dollar Index closing relatively unchanged on the day at 98.32. The euro edged up 0.1% to

Gold Trade Sideways – Volatility Lacks Amid Thanksgiving!

On Thursday, the precious metal gold traded in a tight $5 range trading range as investors assessed the impact of U.S. support of Hong Kong rebels on its trade agreements

Daily F.X. Analysis, November 28 – Top Trade Setups In Forex...

The U.S. dollar kept trading within a tight range on Wednesday, amid thin trading before the Thanksgiving holiday. The ICE Dollar Index closed broadly flat on the day at 98.31.

Descending Triangle In AUD/USD – Brace to Trade Breakout! 

The AUD/USD currency pair sidelined near the 0.6788, despite the fifth-consecutive quarterly drop in Australian Construction Work, having hit the low of 0.6782 during the European session.  The bearish trend

Daily F.X. Analysis, November 27 – Top Trade Setups In Forex...

The U.S. Dollar Index was little changed on Tuesday, closing relatively flat on the day at 98.25. The euro gained 0.1% to $1.1022. The German GfK Consumer Confidence Index edged

Daily FX Brief, November 26 – Major Trade Setups – Stronger...

The U.S. Dollar Index rose 0.3% on the day to 98.27, lifted by stronger-than-expected U.S. economic data. The euro slid 0.3% to $1.1024. The Markit eurozone Manufacturing PMI posted 46.6

USD/CAD Completes 50% Retracement – Investor’s Eye Triple Top! 

The USD/CAD closed at 1.32993 after placing a high of 1.33014 and a low of 1.32542. Overall the movement of pair remained Bullish that day. At 18:30 GMT, the

Daily FX Brief, November 25 – Major Trade Setups – Stronger...

The U.S. Dollar Index rose 0.3% on the day to 98.27, lifted by stronger-than-expected U.S. economic data. The euro slid 0.3% to $1.1024. The Markit eurozone Manufacturing PMI posted 46.6

USD/CAD Completes 38.2% Fibo Retracement – Retail Sales Surpries!

The USD/CAD closed at 1.32846 after placing a high of 1.33249 and a low of 1.32694. Overall the trend for USD/CAD remained Bearish that day. Last month, the Central Bank

Daily FX Brief, November 22 – Major Trade Setups – Who’s...

The U.S. Dollar Index edged up 0.1% on the day to 97.96, as investors remained prudent over the prospects of a U.S.-China trade deal. The U.S. President Donald Trump mentioned

Gold’s Bullish Channel In Test – Can We See a Breakout?

On Thursday, the gold prices y eased from the last session's two-week high after a report that China has invited top U.S. negotiators for a new round of face-to-face talks

Daily FX Brief, November 21 – Major Trade Setups – ECB...

The U.S. Dollar Index kept trading within a tight range, closing flat at 97.83. The euro and the British pound were little changed at...

Gold Set to Test Pivot Point – Buyers Loom Around the...

On Wednesday, the precious metal gold prices soared to their peak levels in nearly two weeks as U.S. Senate activity on Hong Kong produced a likely obstacle to a trade

Daily FX Brief, November 20 – Major Trade Setups – Eyes...

The U.S. dollar was steady ahead of the release of the latest Federal Reserve monetary policy meeting due later today. The Dollar Index closed broadly flat at 97.82. While media

Gold’s Ascending Triangle Plays – Is It Good Time to Buy?

On Tuesday, gold slid erasing profits from 1,470 t0 1,464 level earlier in the session, as a temporary respite from Washington for China's Huawei increased confidence for a

Daily FX Brief, November 19 – Major Trade Setups – U.S....

The U.S. Dollar Index fell 0.1% on the day to 97.82, extending its decline to a third session. The euro gained 0.2% to $1.1072, and the British pound advanced 0.3%

Crude Oil Bearish Retracement In Play – Brace for a Bullish...

The WTI crude oil prices slightly dropped even after positive headlines regarding the United States and China trade news. Chinese state media Xinhua reported that Chinese Vice Premier Liu He

Daily FX Brief, November 18 – Major Trade Setups – Risk-on...

On Monday, the market trades with a risk-on sentiment over the faded safe-haven appeal. Significant forex pairs indicated time on Monday as traders observed to whether Washington and Beijing can

Gold’s Bullish Channel Supports – U.S. China Sentiments Remains Mixed!

On Friday, gold prices declined the demand for safe-haven assets fell remarks from White House economic adviser Larry Kudlow that the United States is pretty close to settling an interim

Daily FX Brief, November 15 – Major Trade Setups – Core...

The US greenback has stretched back a little versus the Japanese yen, as risk-off sentiment dominated the market. That being said, this market is highly sensitive to risk appetite, so

Gold’s Bearish Channel Breakout Drives Bulls – What’s Next?

  On Thursday, the precious metal gold surged to trade around 1,468 level extending gains to a third session, as soft Chinese figures and risk about whether Beijing and

Daily FX Brief, November 14 – Major Trade Setups – German...

On Thursday, the safe-haven demand remains high as the trader's eyes stay on the United States and China trade news to observe the impact on the riks sentiment, which continues

Gold Violates Bearish Channel – Positive CPI Weights 

During the European session, the yellow metal gold prices climbed following a speech by U.S. President Donald Trump. Most of the safe-haven appeal triggered after President Trump denies rolling back

Daily FX Brief, November 13 – Major Trade Setups – Fed...

On Wednesday, the global financial markets await the Fed Chair speech along with the CPI (Consumer Price Index) data from the U.K and the U.S. The United States and China

Gold Bearish Channel Dominates – U.S. China Trade Issue Trending!

On Tuesday, the precious metal gold prices edged lower as forecasts of resolute trade discussions between the United States and China supported risk desire, while traders pocketed profits ahead of

Daily FX Brief, November 12 – Major Trade Setups – Trump’s...

The buck slipped along with the global stock, which plunged on Monday following the U.S. President Donald Trump's comments during the weekend tore investor confidence that Washington and Beijing would

Daily FX Brief, November 11 – Major Trade Setups – U.S....

The U.S. dollar was marginally softer against the single currency euro and safe-haven currency Japanese yen, following some traders caution that the agreement could still unravel. The dollar index traded

Daily November 08– Major Trade Setups – Risk on Sentiment Dominates 

The United States and China trade deal optimism supported the risk-on markets and came to a massive increase in the US Treasury yields, sent the greenback higher. A report came

Gold’s Bearish Trend Continues – Eyes On Double Bottom Pattern

On Friday, the precious metal gold prices crept lower, exhibiting one of the sharpest weekly drops in two and a half years. The stronger greenback pressured on gold prices while

WTI Crude Oil Completes 38.2% Retracement – What’s Next?

The WTI Crude oil prices dropped As the Energy Information Administration, EIA reported that the U.S. oil inventories increased unexpectedly last week. The EIA said oil stockpiles rose by 7.9

Daily November 07– Major Trade Setups – Brace for BOE Rate...

On Thursday, the dollar’s determined and blending strength will last well into next year, and even if an incomplete U.S.-China trade agreement is signed, it will at most hit the

Gold Heading North for Bullish Retracement – Who’s Up for Buying...

On Wednesday, the yellow metal gold trades bullish, recovering some losses following an almost 2% drop in the previous session. The demand for safe-haven gold seems to pick up again

Daily FX Brief, November 06– Major Trade Setups – European Data...

On Wednesday, the U.S. dollar index is mostly unchanged, trading at 97.936 in early Asian trade, following a surge of 0.37% the previous day. The headlines came that the United