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In the trading on Tuesday, July 28th, the pound climbed versus the US currency, the latest data indicated the growth of the UK’s economy in the second quarter. Meanwhile, the sentiment round the buck is inconsistent before the report of the Fed this week. The pair GBP/USD hit 1.5580 advancing 0...
Oil prices have been falling for the fifth week in a row. In the trading on Tuesday, July 28th, black gold hit a 6-month low. Brent oil shed 78 cents to $52.69 a barrel. Brent has been declining since March this year. WTI slipped to 36 cents to $47.03 a barrel. The world sentiment is unsteady due...
Efforts of the Swiss central bank to support the national producer slowly and permanently weaken the Swiss franc against the US dollar. On Tuesday trades have a mild bullish tone with support at 0.9566 and resistance at 0.9685. In the middle and long run the ascending trend will remain with syste...
After yesterday’s rally in the European trading session the currency pair has streamed back a bit and on Tuesday the level of support is seen at 1.1029, the level of resistance is at 1.1190. According to the moving average, the main trend is still descending, however, in the frames of the intra...
Today WTI slumped below $48, concerns about the increasing number of the domestic oil production in the USA rise. On the New York Mercantile Exchange crude oil with the delivery in September hit $47.77a barrel, tumbling 18 cents or 0.38%. On Friday oil futures fell to $47.72, a low since April 1....
In the trading on Monday, July 27th, the Australian dollar is higher versus the greenback. The pair AUD/USD hit 0.7304 gaining 0.08%. The immediate level of support is seen at 0.7304 (a low of Friday), the level of resistance is at 0.7362 (a low of Friday). The sentiment around the buck has worse...
Today, on July 27, shares in the stock market in Hong Kong have set the biggest intraday fall in almost 3 weeks. It is caused by worries in Wall Street and concerns over the economic situation in China. The Hang Seng index slipped to 3.1% to 24,351.96, the China Enterprises edged down to 3.8% to ...
Monday trades of the currency pair are characterized by the bullish tone, the market has already overcome the immediate resistance at 136.55 and tests the next level at 137.69. In case of the successful bullish scenario, the pullback might continue to 139.88 in the short run. Short positions are ...
In the trading on Monday the currency pair demonstrates a steady increase overcoming the immediate resistance at 1.0989 and support at 1.1050 during the Asian trading session. A pullback might go to 1.1115 and if it is breached, the price may climb to 1.1215. However, 1.1070 still performs a strong
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Dear Sir, I want to ask off topic, is about deposit system at NewForex.com using e-payment Skrill. In Indonesia Skrill already become SCAMMER. No changer who are willing to buy your Skrill balance. Last month I decided to disburse the balance Skrill via Bank Transfer (BANK CENTRAL ASIA). But until
In the trading on Friday, July 24, the pound reached a 2-week low versus the greenback. Upbeat data of the unemployment level in the USA pushed the buck higher, while low data of retail sales in the UK pushed down the local currency. The pair GBP/USD reached 1.5467 (a low of July 14) shedding 0.17%
Trades have a slightly bullish tone today with the immediate support at 1.0953 and resistance at 1.1050. In the short run according to a 3-day moving average we can observe a further pullback to 1.0991 and then to 1.1087. If these levels are breached, the market might stream back to a strong resi...
In the trading on Friday, July 24, Japanese shares are in the negative zone falling to a week low due to the weak manufacturing data from China. The Nikkei closed trades 0.7% lower at 20,544.53, a low of closing since July 15. The broader Topix shed 0.5% and stopped at 1,655.86, the JPX-Nikkei inde
On Thursday, July 23, the buck slipped to a week low against the basket of major currencies. The market sentiment has improved as soon as Greek lawmakers accepted a project of important reforms. The euro advanced 0.60% to a week high at 1.0994 against the US dollar. Greek authorities voted for the
On Thursday the WTI oil futures have gained but the oil price is still below $50 due to the concerns over oil oversupply in the global market. On the New York Mercantile Exchange oil with the delivery in September picked up 27 cents or 0.54% and it is traded at $49.45 a barrel in the European mar...
Upbeat data of the domestic sector earnings pushed the Japanese shares higher. Confident key figures of retail and tourism sectors contributed to the ascending dynamics of the Japanese stock market. The Nikkei closed trades at 20,683.95 surging 0.4% in comparison with the previous trading session...