2019-03-02 11:08
AUD was bullish until Australian Bureau of Statistics release quarter to quarter Construction Work Done. Though it was slightly better than previous quarter (3.6 percent) much lowe… Read More
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Forex Traders real time information. I trade FOREX for trading & I update this blog with my trading experince.
2019-02-17 03:58
A quit week after opening at $0.70880 draw a green bar, by a little support from positive Aussie economic data, to close at $0.71400, a relatively small increase of $0.00520.
Though on Mond… Read More
2019-02-08 09:38
Traders are in selling mood, the RBA (Reserve Bank of Australia) also released a much dovish SoMP (Statement of Monetary Policy) keep the Australian dollar in bearish mood.
RBA in a stateme… Read More
2019-02-07 12:53
Precious yellow metal poised for deeper correction, before stabilize to $1320.00
On Wednesday it closed on $1306.30 and now hovering at $1307~1308
Expected range today is 1303 ~ 1310
If GOLD… Read More
2019-02-05 11:55
Aussie touches high today 0.72644, but struggling to keep momentum despite strong jobs projections. Now price floating around 0.724XX, unlikely much fluctuation today as there is no event th… Read More
2019-02-03 04:37
Sterling pound is fully bearish except on Wednesday, following dovish FOMC.
British currency opens on Monday at 1.31830 and touches high sameday at 1.32118, but bearish force GBP to registe… Read More
2019-02-02 14:19
Despite last Thursday (25th January) Euro sees a hike of nearly .9 percent in one day, failed to register same momentum following days. Warning signs from German and Italy also a concern tha… Read More
2019-02-02 09:53
After breaking the psychological barrier and long time resistance $1300 by previous week, this week same resistance somehow turned into support. This week XAU traded above $1300, mostly bull… Read More
2019-02-02 05:00
AUDUSD start the week slowly, reddish on Monday and Tuesday by Wednesday, records a hike of 1.28 percent and touched peak high of 0.72593 on Thursday after Australian CPI data and correcting… Read More
2019-02-01 14:16
The U.S. Bureau of Labor Statistics reports nonfarm payroll employment surge by 304,000 and unemployment rate up to 4.0 percent in January,
Nonfarm payrolls surging by 304,000, debilitate e… Read More
2019-02-01 10:42
Aussie declined from two month high 0.72952 after China's weaker Manufacturing PMI at 48.3 (expected 49.5), trading around 0.72365 and slowly recovering to 0.72600.
It also waiting fo… Read More
2019-01-31 14:31
US FED unchanged interest rate keep pushing precious yellow metal further towards 1325. Traders buying mood also keep this bullish momentum.
Opened at 1319.80, claimed upto 1326.30, remain… Read More
2019-01-31 13:22
Indian Rupee opened 70.93, Wednesday closed at 71.22 (0.22 percent lower), now trading at 71.10 (0.18 percent higher)
The US Federal Reserve didn't changed the interest rates as expected at… Read More
2019-01-30 05:13
Australian Consumer Price Index came out beating expectations. The quarter to quarter is 0.5%, year to year is 1.8%. Whereas prior expectations was q/q is 0.4% and y/y was 1.7% as I mentione… Read More
2019-01-29 14:39
Today GOLD opens at 1302.99 keep claiming touching 1311 and strong buying mood against weaker US Dollar continues. It seems long time resistance 1300 turns to be new support level.
On Monda… Read More
2019-01-29 11:20
US Dollar Index (DXY) is under stress from FOMC's FED policy meeting and trade talks with China. This pull further to 95.7, traders are cautious on green back waiting for policy outcome… Read More
2019-01-28 09:08
GOLD seen a remarkable week, as opened $1280.70 and close at $1302.91. Read further GOLD Review.
XAUUSD closed above magical mark $1300 last Friday. Since 15 June 2018 GOLD price remai… Read More
2019-01-28 05:15
Green back's loss was ultimate gain by Aussie dollar.
Last Friday President Trump surprise move to agree to reopen the closed government services. This move sent a severe pull back for US do… Read More
2019-01-27 11:51
A mixed week for the AUD when negative news of mortgage rate pulls down, a weaker USD give slight relief to Aussie close at 0.71812.
As the week starts and continue with bearish sentiment… Read More
2019-01-26 12:42
Euro fully corrected to 1.4045 from yesterday's (Thursday, Jan 24th) close at 1.13056. But still failed to capitalize downtrend of US dollar, as DXY went past the strong support level of 96… Read More
2019-01-26 09:22
Until Friday a calm week, yellow metal was pivoted around $1,280/Oz. Even weaker US Dollar, US economic news and data flow went past quietly as a result of the US govt shutdown.
As Friday… Read More
2019-01-26 09:19
The sliding green back helps British Pound to reach three month high of $1.32171 and close at $1.31951.
The DXY slidded to 95.81, the lowest this week. The depressed US Dollar, consolidatin… Read More
2019-01-25 10:01
US Dollar index (DXY) was down 0.16% to 96.137, contribute to current XAU/USD still in green at around 1,283.00
This little hike in Yellow Metal is also the result of traders wait for the o… Read More
2019-01-25 07:50
The Pound gains against USD today after the news out about Ireland’s Democratic Unionist Party is agreed to back PM Theresa May's Plan B Brexit following week. The Brexit is scheduled… Read More
2019-01-24 08:27
Earlier today (Thursday, 24 January 2019) Australian Dollar rallied to 0.7167, as reports 21.6k jobs in December, beating the estimate of 18.0k jobs.
But this rally was short lived st… Read More
2019-01-23 11:58
Yellow metal is seen slight recovery from yesterday close at 1284.91 now trading around 1285.50.
Likely to go up slightly further, may reach 1252 as per 50-day moving average.
Talks about… Read More
2019-01-23 01:53
EUR/USD the weakened the greenback may further put down the pair. Daily high @ 1.1373, low @ 1.1335. This is lowest since Jan 3.
Last Price: 1.1368
Daily change: -0.0001 pips
Daily ch… Read More
2019-01-22 07:57
As UK jobs and wages data will be released by 9.30 GMT will decide the next move.
Firmer USD and May's plan B towards BREXIT will decide on British Pound whether it is going up 1.29 o… Read More
2019-01-22 05:39
Marcus Hughes, from cryptocurrency exchange and wallet provider Coinbase, anticipate Bitcoin to recover in 2019.
He expect this because of U.K's Financial Conduct Authority (FCA) and… Read More
2019-01-21 14:19
Strengthening Oil prices and Indian central bank RBI's need to meet government's political demand on the election year further weakens INR.
As 2019 USD-INR has popp… Read More
2015-01-21 10:46
After 5 months Gold touched 1300 mark. It was traded at this level by August 18th last year.
From last years closing price of 1187, gold printed good number of green bars so far to reach he… Read More
2015-01-20 06:07
Alpari UK applied for insolvency yesterday and appointed KPMG as joint special administrators under the Special Administration Regime (SAR) UK.
Thousands of retail traders locked… Read More
2015-01-19 08:34
Earlier UK arm of Alpari announced its insolvency plans was retracted by company and it was posted on its website. Clients of Alpari UK is locked out of their a… Read More
2015-01-17 14:53
1.1862
1.2045
1.1802
1.1976
Bull overpowered Bear throughout this week. The pair continue its uptrend and at its highest in 5+ years. Strong support level at 60 SMA.
Start the week bullish… Read More
2015-01-17 13:58
Opened at 118.33, High at 119.31, Closed at 115.85 and touched Low at 117.59.
The pair honours the 60 SMA as resistance level throughout this week except last day. Strong dollar failed to c… Read More
2015-01-17 12:00
A fine support line formed along with 200 SMA in 1 hour chart around 0.81xx
Opened at 0.8209, High at 0.8294, Low at 0.8067 and Closed at 0.8222
Monday had a sharp decline by 100+ pips in… Read More
2015-01-17 10:37
Opened at 1.5177, reached a high at 1.5269, touched low at 1.5074 and Closed at 1.5134.
The pair shown some support but could not gain due to strengthening US Dollar.
Monday lost 100 pips i… Read More
2015-01-17 09:09
This week EURUSD Opened at 1.1847, reached High at 1.1870, touched Low at 1.1458 and Closed at 1.1537.
With three consecutive red days registered with just one green bar on Jan 14 Euro had a… Read More
2015-01-16 14:25
As EURUSD touched 1.155 it may go further 1.14x. Those who hold short positions keep it intact with a trailing stop Read More
2015-01-16 12:41
Strong USD push down the week Euro, now trading at 1.158. As it nearing yesterday low here it also forms a dounle bottom. It could possibly be a double bottom. But without any strong support… Read More
2015-01-16 06:44
USDCHF down 2600 pips in jiffy. This happened after SNB removed the cap on CHF. Will it bounce from here or go further down or find support?
Bid & ask came to still Read More
2015-01-13 15:48
As USD getting stronger EUR continues it downslide. EURUSD touched its 2005 level 1.7xxx.
EURUSD bar chart
There no clear sign of support, reversal at this point. Downtrend may continue f… Read More
2014-12-23 05:51
AUDUSD fall continues and may reach 0.8000. A short time support may appear there. But the strength of the support may be week enough for a reversal.
Add caption Read More
2014-12-17 10:27
1 RUBLE trading @ 0.0152209 USD.
No bailout options in vision Russian economy at its worst, will it become a banana currency? Read More
2014-12-11 14:28
USD Advance Retail Sales NOV 2014 is 0.7% Previous 0.5%
A 0.2% gain proved good to USD Read More
2014-12-09 13:11
USDJPY 2 day downfall seems to be supported at 119.5. A reversal at this point is a possibility.
USDJPY support at 119.5
A successful reversal means, continues uptrend from earlier suppor… Read More
2014-12-09 13:00
A small jump from last months low of 1130 per Oz to 1220 by 1st of December haven't gave the metal any shining. Except the fear of yellow metal reeling under 1000 was overcame. As of n… Read More
2014-12-09 12:30
GBPUSD dropped >120 pips on Friday 5th. Opened at 1.5672, Closed at 1.5572 with High of 1.5694 and low of 1.5568.
USDGBP 1 hour candle bar on December 5th 2014
How ever on opening day… Read More
2014-12-09 12:30
GBPUSD dropped >120 pips on Friday 5th. Opened at 1.5672, Closed at 1.5572 with High of 1.5694 and low of 1.5568.
USDGBP 1 hour candle bar on December 5th 2014
How ever on opening day… Read More
2014-12-09 12:30
The down trend of Euro is continuing for more than 30 weeks. At peak EURUSD was traded at little less than 1.4000 by May this year. From then onward a study downhill follows.
EURUSD Weekly… Read More
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