Please Support this Idea with LIKE if it is Useful.... AUDCAD The price is near Support/resistance level , If price shows rejection from the level I expect the price to continue lower,
For Entry:BearishCandlesticksupport/resistanceLIKE & SUPPORT
WTI bounces off intraday low to trade near $42.07, down 0.10% on a day, while heading into the European open on Friday. In doing so, the black gold adds to Thursday’s losses as risk-tone sours following the US announcements of fresh punitive measures on Canada and China. The mood gained extra dullne
EUR/JPY has cleared the 200-week ma at 124.86 and is now trading around 125.20 after hitting a high near 125.60 early on Thursday. The pair is heading to test the 127.75 and will retain an upside bias while above the three-month uptrend at 122.69, Karen Jones, Team Head FICC Technical Analysis Resea
European stocks were expected to open slightly lower on Thursday morning, as investors monitored a slew of corporate earnings and reacted to the Bank of England’s decision to hold interest rates.
The U.K.’s FTSE 100 was seen off by 36 points at 6,062, France’s CAC index was down more than 10 points
Hi dear traders . just an idea on what I see this pair on weekly time frame . due to weakness of USD this can be probable to break this symmetrical triangle from down side .if this will happen it could be a very nice short opportunity . on daily time frame also there is mor
Silver is set to outshine gold, even as prices of both precious metals soar in the midst of a faltering global economy and a weakening U.S. dollar.
This year, gold prices have shot to record highs not seen since September 2011. Investors have been fleeing to “safe haven” assets as the pandemic shows
Silver looks to extend the bullish momentum, tracking Gold.
Rectangle pattern breakout spotted on the hourly sticks.
A pullback cannot be ruled out before the uptrend resumes.
Silver (XAG/USD) is on a roll higher and tests fresh all-time highs, taking cues from its close peer, gold.
The spot sits
Gold has reached Commerzbank’s target of $1983. Strategists at the bank expect the yellow metal to experience some profit taking as forays above are seen short-lived. On the flip side, the 55-day ma at $1838 is a solid support.
“Gold has reached the top of its 49 year channel at $1983. It
Dow Jones Industrial Average rises 236 points
The Dow climbed 236.08 points, or 0.89%, to close at 26,664.40. The S&P 500 gained 0.72% to end the day at 3,294.61. The Nasdaq Composite advanced 1.47% to 10,902.80, hitting an all-time high. The major averages started the new month on a high note