Don’t waste your time – keep track of how NFP affects the US dollar!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
Warning! Old version of the browser!
Press one of the icons below to proceed to the official website of the developer and download the latest version of your browser.
Online Forex broker
Information is not investment advice
The technical necessity of a downturn was visible in XAU/USD for a long time. Yet, gold made an attempt to strengthen in May but was stopped by resistance just above $1,300. The price is now once again below this key level. Last week’s bearish candlestick on W1 has a long upper wick. This is a negative sign. Both weekly and daily Awesome Oscillators are declining.
The USD has been leading as a safe haven during the last several days, and this situation is likely to continue. Some risks/volatility in this scenario will be related to the publication of the FOMC meeting minutes on Wednesday. The USD will be fine and gold will decline if the minutes are not dovish (if the Fed's members really didn't consider a rate cut).
XAU/USD now has several support levels: 100-week MA at 1,277.25 (now above the price but not far), 1,275.50 (38.2% Fibo of the 2018-2019 advance), 1,266.15 (this year’s lows). It’s possible to trade between these support levels or on the break below the latter).
When Twitter Inc. and Snap Inc. posted quarterly revenue that blew past analysts’ expectations, the results bumped up the shares of the two of their larger rivals: Facebook Inc. and Alphabet Inc.
EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.
US Equities bounced back again in the past two days, while the S&P500 recovered all of its declines after holding well above its 50-day MA for the fifth time this year.
What happened? Brent returned to the rising channel on Wednesday by gaining 4% during the trading session…
When Twitter Inc. and Snap Inc. posted quarterly revenue that blew past analysts’ expectations, the results bumped up the shares of the two of their larger rivals: Facebook Inc. and Alphabet Inc.
EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
