Show panel Hide panel

Best wins View all achievements

Show panel Hide panel

Last 3 posts Show blog

Avatar

Commodity Currencies seen Strengthening against the Greenback

The Dollar Index was under pressure today, dropping to 95.50. Among the Majors, the commodity currencies were seen gaining the most against the greenback.
Among the Commodity instruments, Silver was seen continuing its bullish momentum. The instrument reached a high of $21.09 before pulling back. Silver was last seen at $20.04 for a gain of 1.6%. Gold has continued to diverge from Silver, and gains seen in the yellow metal were limited to 0.73%.
Oil prices were seen declining, WTI was last seen …
Read full story
Translate to English Show original
VictoriaVika avatar

Good :)

orto leave comments
Avatar

Brexit Volatility Seen Subsiding in the Prior Week

The June 23 referendum had given markets something to talk about for months leading up to the event. Some bold predictions were made ahead of the event, essentially calling for a collapse of the British Pound in the event the exit materialized.
The weekly open last week, saw a continuation of risk sentiment and volatility, but dissipated quickly. The commodity currencies have already fallen back into normal ranges, The EUR/USD volatility is near pre-Brexit levels, while the GBP/USD remain…
Read full story
Translate to English Show original
orto leave comments
Avatar

Silver Posts Largest Weekly Jump This Year


Silver has closed the week out at 19.72 for an impressive gain of 5.55% on the day, and to post the largest weekly gain on the year thus far, and likely to be the largest weekly gain over the last 2-3 years.
Resistance in the metal was seen at 18.19 reflecting a spike low from June 2013, as well as the highest weekly close in January 2015. The instrument was rejected from the level in the prior week, but managed to close well above it this week.
A divergence was seen among the metals, as Gold c…
Read full story
Translate to English Show original
orto leave comments