EUR/USD ran bullish corrective to 1.1144 and expected to stay bullish until hitting resistance level around 1.1166, which later would turn bearish again.
Gold price continues to progress in corrective bullish manner, reaching USD1345 level. The precious metal has been moving higher since earlier this week thanks to central banks' start on fresh stimulus. Still, FED rate decision will have the bigger impact on the next price movement.
After beaten by positive NFP last weekend, Gold price turns to corrective bullish with the possibility of extending the form toward USD1342 resistance.
MetaQuotes, developer of MetraTrader platform, has released MT5 for Android with lines of cutting-edge features; from Depth of Market to instant chat. Here onward, MT5 (MetaTrader 5) has become more competitive and accessible for all mobile traders.
EUR/USD ran bearish around 1.1131 and expected to turn corrective bullish that would peak at resistance level at 1.1166, and later sloping bearish again.
Gold price steps aside to sideline as it ranges around USD1361. The sideways progress is likely to go on until NFP release, with two possibilities ahead; bearish if the data fares better than expected, or bullish should NFP disappoint.
When we decide to enter live trade with a forex broker, one among the few key factors that we have to scrutinize over is, who is their liquidity provider? The third-party agency run an important role to sustain the market ongoing rapid transactions.
EURUSD dove bearish to 1.1144 and expected to remain bearish until hitting support level at 1.1125 which later will turn bullish corrective to resistance level around 1.1166.
Gold price switches to bearish stance around USD1358. The precious metal was mostly dim after ADP Non-Employment Change showed better-than-expected result in July.
