Silver prices probe intraday high after bouncing off the lowest since August 26.
An ascending trend line from July 17 grabs the buyers’ attention.
Sellers may eye 50-day EMA during the further declines.
Silver bucks the two-day downside while taking a U-turn from $26.38 to $26.89, up 1.08% on a day
US authorities today unsealed charges against what it alleges a fraudulent multi-level marketing scheme involving a purported mining business and a money laundering ring. The regulators assert that AirBit Club has been selling illegal investment schemes as well as claiming passive, guara
Photo: Arnab Shome
UK banking giant Barclays has announced on Tuesday the launch of non-deliverable forwards (NDF) algorithms on the BARX electronic trading platform, thus increasing its FX trading offering.
BARX Gator, to which the new NDFs are added, is the bank’s cross-asset electronic order ex
The Australian and NZ dollars moved up against their major counterparts in the Asian session on Tuesday, as most Asian stock markets rose following the mostly positive cues from Wall Street and amid hopes for more coronavirus-related stimulus in the U.S.
A decline in coronavirus hospitalizations in
Central banks across the globe have responded to the Covid-19 crisis by generating an unprecedented amount of cash.
Notably, the cumulative balance sheet of G4 central banks - the US Federal Reserve, Bank of England, Bank of Japan, and the European Central Banks - has expanded to $20 trillion, as n
Gold Prices extend pullback from $2,009 to challenge the all-time high flashed during early-Asia.
Bullish MACD, sustained break of weekly resistance favor buyers.
Bears will look for an entry on the break of an ascending trend line from July 21.
Gold picks up the bids near $2,022, up 0.12% on a day
Equity markets got off to a solid start this month driven primarily over improvements in the latest manufacturing PMI’s as well as optimism that US lawmakers would be able to agree a fresh stimulus plan in the next couple of weeks.
The gains in US markets were once again led by the Nasdaq, with Micr
European stocks are set to open a tad higher on Thursday after the U.S. Federal Reserve sent a more dovish message at the July meeting.
Asian markets advanced on hopes of fresh policy easing measures from central banks, though an impasse in U.S. economic negotiations and another record day for co
SmartStream Technologies, a financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the launch of its Intraday Liquidity Stress Testing module, part of the TLM Cash and Liquidity Management suite of products.
The firm said that carrying out a stress test and
Emini S&P September Futures reached 3252/54 & 3261/63 but stopped justshort of 3277/80 & collapsed to minor support at 3243/40. We are reacting toseverely overbought conditions but we have no sell signal. My best guess iswe will trade in a more sideways direction in th
AUD - Australian Dollar
The Australian dollar crept higher through trade on Tuesday, supported by underlying USD weakness and a small uptick across risk assets. Trade was choppy and moves relatively modest as ranges across currency markets narrowed. The AUD has struggled to break outside a 70 point
Welcome to this weeks weekly forex forecast video where do the simple, but powerful top-down approach to identify trending forex pairs with clean price action and to find early entries with big enough targets using key support and resistance zones. Key to long-term trading success is risk-management
In light of the growing coronavirus cases in Australia, New Zealand (NZ) Prime Minister (PM) Jacinda Ardern said that opening up the borders due to the pandemic is untenable.
“More work needs to be done on a Trans-Tasman bubble.”
“Government needs assurances from Australia.
A continues fall - price directly slop from 3224 to 2995. It can see that when there is continue fall price bounce up-to 100 points. The price was trading near the support line that became the strong point for breakout. It can be seen that the price can move near the suppor