Spot Gold price may reach to levels of $1257 per ounce when may turn back. GoForecasts.com will use as stop loss levels above $1264 with target below $1245. The trading recommendation is valid for the next 6 days.
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EURUSD trading closing Fed interest rates hike and France elections:
Category: Forex Forecasts & Signals
It is started a very dynamic week for the forex market according to World-Signals.com. Undoubtedly the main focus this week is on Wednesday Fed interest rates decision. It is widely expecting Fed to hike the interest rates with 25 bps to 1.00% but the signals after that may push the market into new trend. Currently the EURUSD consolidate at levels of 1.06.
Almost all economic news from United States in the last couple of months is positive but that do...
The Euro takes advantage against the Euro for two days only in serial of almost 7 losing days.
Better than expected data for United States support the gains of the dollar. Meanwhile in the Euro Zone day after day the fears about the economic rises.
One of the key supports for the dollar comes by the Fed Chairman Janet Yellen who hints that on the next Fed meeting in March is possible hike of the Interest rates.
The major support level is formed at 1.0580 followed by 1.0520. The resistance...