Spotware System, developer of cTrader, has successfully integrated FIX (ECN protocol) into their retail trading platform. Currently, cTrader is the only retail-level trading terminal with access to institutional-class FIX network.
Gold climbed to USD1361, expanding corrective bullish form in a movement that is predicted to switch into reversal soon. However, it is also possible for Gold price to be heavily influenced by next data release from US, especially NFP.
EUR/USD was tracked bearish sideway around 1.1167 and expected to break high to resistance level at 1.1230 as emulated by extended wave 5C movement (chart can be viewed inside)
Gold stands correctice bullish around USD1352 as remnants of last week's effect linger around. The precious metal previously rose alongside dwindling FED rate expectation. In addition, recent data release from US was disappointing with both ISM Manufacturing PMI and Construction Spending showed lower-than-expected result.
EUR/USD was tracked bullish around 1.1802 and expected to reverse after hitting resistance level at 1.1094 which later will be followed by upward rebound when touching support level around 1.1068.
Gold maintains corrective bullish stance around USD1338, but is technically forecasted to turn in reversal bearish direction. Previously, Gold crept up to two-week high following FOMC's insipid statement
EUR/USD ran corrective bullish to 1.1062 and expected to enter bearish corrections until hitting support level at 1.1024. Later, expect a rebound from resistance level at 1.1094.
After treading water in the periods leading up to FOMC, Gold finally advances to USD1339 in a corrective bullish manouver. The precious metal's upsurge was apparently boosted by FED's unchanged rate. Still, Gold rose in a predicted range of ABC correction.
