fxstreetforex

August 16, 2024, 16:12

XAU/USD outlook: Gold hits new record high at $2500

Gold price surged on Friday and hit new record high at psychological $2500 level, benefiting from fresh turbulence in the markets after better than expected US data offset negative impact from much weaker than expected July NFP and brightened economic...

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fxstreetforex

August 16, 2024, 16:10

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CTA selling activity hits crude oil markets – TDS

Large-scale CTA selling activity is hitting the tapes in crude oil markets, TDS Senior Commodity Strategist Daniel Ghali...

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fxstreetforex

August 16, 2024, 15:52

EUR/GBP mildly declines despite steady UK retail sales data

Friday's trading painted a slightly less vibrant picture for the EUR/GBP pair which slid to 0.8530 as investors are digesting mixed Retail Sales figures from the...

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fxstreetforex

August 16, 2024, 15:20

EUR/USD Weekly Forecast: FOMC Minutes and EU growth data under scrutiny

The EUR/USD pair surged to 1.1046 this week, surpassing its yearly opening by a couple of pips and settling a fresh 2024...

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CTT buying supports Platinum – TDS

Large-scale CTA buying activity may have supported Platinum markets last session, but signs of buying exhaustion could now morph into selling activity, TDS Senior Commodity Strategist Daniel Ghali...

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fxstreetforex

August 16, 2024, 14:56

3M company is back to bullish mode

3M Company with ticker MMM was trading in a larger A-B-C correction within a higher degree wave IV for the last 5 years, but we have been warning about strong support with equal wavelength of waves A=C already back in...

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fxstreetforex

August 16, 2024, 14:56

Maruti Suzuki India stocks Elliott Wave technical analysis [Video]

MARUTI SUZUKI INDIA – MARUTI (1D Chart) Elliott Wave / Technical Analysis: Function: Counter Trend Lower (Intermediate degree, orange) Mode: Corrective Structure: Impulse, within larger degree Wave A Position: Minor Wave 1 Grey complete Details: Minor Wave 2 underway towards 12700-800...

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The brought back trust in the US economy could drive the risk appetite higher

New week of lower demands for jobless benefits and higher than expected retail sales in July in US could help the investors to load back more risky assets sending Dow Jones Future Index higher, after the turmoil which havocked the equities markets, following the release of July US Labor report a week...

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Gold: Third time lucky?

Gold has been rising steadily since the end of last week and is attempting to consolidate above $2470 per troy ounce on the spot market for the third time in the last 30...

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