Markets

The change in guidance was in line with the Fed’s policy shift announced last month that is aimed to offset weak inflation and keep adding jobs. The U.S. Federal Reserve released its monetary policy statement at 18:00 GMT on Wednesday. Central bank policymakers kept interest…

EUR/USD managed to stay above the 20 EMA but failed to develop material upside momentum. Euro Stays Mostly Flat Against U.S. Dollar EUR/USD managed to stay above the 20 EMA at 1.1840 but failed to gain more upside momentum as the U.S. dollar remains flat…

The Federal Reserve monetary policy announcement later today will be the most important economic event of September. Although the central bank is widely expected to leave interest rates unchanged, much of the focus will be directed towards the economic projections, Powell’s press conference and updated…

Australian shares gained on Wednesday as miners rallied for a third straight session and tech stocks tracked their Wall Street peers higher. The major Asian stock indexes are trading mixed early in the session on Wednesday as investors awaited the Federal Reserve’s view on the…

EUR/USD continues to gain ground and is trying to get to the test of the nearest resistance level at 1.1910. Euro Continues Its Upside Move EUR/USD is trying to get to the test of the nearest resistance level at 1.1910 as the U.S. dollar continues…

The GBP/USD is getting close to the first POC zone. We have two possible spots where the price could reject from. 1.2896-1.2930 is the zone to watch for. The first POC zone is showing confluence with D H4, W H3 camarilla pivots and order block.…

It’s a mixed start to the day for the majors. A Bitcoin breakthrough to $10,800 would support the pack. Bitcoin, BTC to USD, rallied by 3.47% on Monday. Reversing a 1.22% decline from Sunday, Bitcoin ended the day at $10,689.9. It was a bearish start…

It’s a busy day ahead on the economic calendar, putting the GBP, the EUR, and the Greenback in focus. Brexit and U.S – China tensions will also influence. Earlier in the Day: It’s was a busy start to the day on the economic calendar this…

Gold is 0.2% higher this morning, as it is trading within its Friday’s range. The gold futures contract lost 0.83% on Friday, as it continued to trade within a consolidation along $1,950-2,000. The market retraced most of the recent decline from September 1 local high…

Gold Miners Bullish Percent Index doesn’t issue signals all that often. And it showed the highest possible overbought reading recently. Some swear by price action, many others rely on indicators. There are actually many gold trading tips built around these techniques. Gold Miners Bullish Percent…