INDICES: German DAX Retraces From Its Resistance
Bulls can step in if the price kisses the 50-day moving average. However, a break of this moving average could increase more selling pressure. The German Dax index is trading above the upward trend line on an 8-hour time frame...
The US Dollar Slightly Weaked
On Friday, the US dollar slightly weakened against a basket of major currencies. The US dollar index (#DX) closed in the negative zone (-0.07%). At the moment, investors are focused on trade relations between the US and China. The next...
Gold Records 3-Week High, Ichimoku Suggests Further Gains
Gold prices edged sharply higher in the previous days, hitting a more than two-week high earlier today. Also, the metal is approaching the eight-month high of 1326 and a successful jump above this strong barrier would resume the bullish outlook....
US hedge fund reportedly dumps its entire stake in Barclays
U.S. hedge fund Tiger Global Management has sold all of its stake in British bank Barclays, according to a report by the Financial Times. The New York-based hedge fund had been one of the top 10 investors in Barclays and...
EUR/USD – Euro Yawns As Markets Start Week With US Holiday
EUR/USD has ticked higher in the Monday session. Currently, the pair is trading at 1.1308, up 0.12% on the day. It’s a quiet day on the release front. There are no data events out of the eurozone. In the U.S.,...
Asia has ‘mitigating factors’ to counter a global growth slowdown, says bank CEO
Global growth is expected to slow in the coming months, but Asian economies could hold up reasonably well, thanks to several “mitigating factors,” according to the chief executive of Southeast Asia’s largest bank. “The overall macro-economy will be a tad...
Asian Markets Boosted by Trade Optimism Again, Yen Broadly Lower
Yen remains the weakest one as another week starts with solid risk appetite. Sentiments towards US-China trade negotiation turned optimistic again after positive statements from both sides. Trump also hailed there were “big progress” during last week’s meetings in Beijing....
GBP/USD Climbing Higher While USD/CAD Slides Further
GBP/USD recovered nicely and broke the 1.2840 and 1.2880 resistance levels. USD/CAD is under bearish pressure and it could revisit the 1.3200 support area. Important Takeaways for GBP/USD and USD/CAD The British Pound found support near 1.2770 and later recovered...
There’s a worrying split between stocks and bonds, and economists aren’t sure which market is right
The stock market is euphoric over the idea that a trade deal between the U.S. and China will fix the economy and boost earnings. However, the bond market is a different story. There, investors still perceive uncertainty, and even a...
Why California’s new solar mandate could cost new homeowners up to an extra $10,000
Starting next year, every new home built in California will have something extra on top. Recently, California became the first state in the nation to make solar mandatory for new houses. Beginning in 2020, newly constructed homes must have solar...
Signal2forex.com - Best Forex robots and signals




