Gold prices rose in the European market on Tuesday to extend its gains for the second day in a row, to hold trading above $ 1,900 an ounce
read moreGold prices rose supported by the falling US dollar
October 20, 2020
Forecasts
Technical analysis and Weekly forecasts about Forex, options and cryptocurrency.
EURUSD continues to recover from its lowest level in two weeks
October 19, 2020
EURUSD Weekly Outlook: 19th October 2020 EURUSD rose in the European market on Monday against a basket of global currencies, to continue its recovery for the second day in a row from its lowest level in two weeks against the US dollar, thanks to strong data from the Chinese economy, which boosted the risk appetite […]
read moreOil prices lose more than 1% under pressure from global demand concerns
October 16, 2020
Oil prices continued to decline on Friday to lose more than 1% in the process of incurring the second consecutive daily loss
read moreBitcoin is struggling to resist accelerating selling pressure
October 15, 2020
Bitcoin rebounded on Wednesday, resuming its uptrend to $ 11,600, but quickly bounced back to settle near the $ 11,400 level.
read moreGold prices closed higher at $1900 again
October 14, 2020
Gold Price Weekly Outlook: 14th October 2020 Gold prices rose during trading today at online brokers, Wednesday, in conjunction with the USD falling against most of the global currencies and following the release of positive economic data. Gold prices have somewhat regained the reins, amid anticipation for more on the presidential election in the United […]
read moreGBP/USD Eyes Key Resistance As Unemployment Claims in the UK Sharply Declines
October 14, 2020
By: Asif Imtiaz
GBP/USD Weekly Outlook: 14th October 2020 United Kingdom – Claimant Count Change On Tuesday, at GMT 7:00 a.m., the UK’s Office for National Statistics released the Claimant Count Change figure. It measures the changes in the number of people claiming unemployment-related benefits during the previous month. It is the first fundamental indicator of the month […]
read moreOil prices strengthen its gains despite OPEC lowering its demand forecast
October 13, 2020
Oil Price Weekly Outlook: 14th October 2020 Oil prices rose during trading today at mostly online brokers, Tuesday, with the support of Chinese demand and ahead of US stockpile data releasing, despite the announcement by “OPEC” to cut its forecast on global demand. The General Administration of Customs in China had confirmed that the country’s […]
read moreUSD consolidating above the lowest level in 3 weeks
October 12, 2020
EURUSD Weekly Outlook: 12th October 2020 USD rose in the European market on Monday against a basket of global currencies, to consolidate above its lowest level in three weeks, in the process of achieving its first gain within the last four days, due to the renewed purchases of the US currency as the best alternative […]
read moreGold prices rose for a second day based on the decline in the US dollar
October 9, 2020
Gold Price Weekly Outlook: 9th October 2020 According to several Top UK forex platforms, the gold price rose in the European market on Thursday , extending its gains for the second day in a row, on its way to trade above $ 1,900 an ounce again, based on the decline of the US dollar against […]
read moreGold prices give up the two-week peak before Jerome Powell’s comments
October 6, 2020
Gold Price Weekly Outlook: 6th October 2020 Gold prices retreated in the European market on Tuesday to give up the two-week high recorded earlier in yesterday’s commodities trading, due to the activity of correction and profit-taking, in conjunction with weak demand for the metal as a safe haven, this comes ahead of an important speech […]
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