- Search Crypto Craft
- Submitted Sep 26, 2018|From orbex.com
The Swedish Riksbank released the meeting minutes last week. Data showed that the first rate hike since July 2011 was inching closer. The central bank’s board was seen giving a broader backing for tightening monetary policy in the months ahead. The ...
- Submitted Sep 26, 2018|From orbex.com|13 comments
After trading up to its highest level since 2011 earlier in the year, Crude oil is now marching higher once again, putting the 2018 high (and beyond) back in focus. The moves come on the back of OPEC and non-OPEC oil producers failing to agree to a ...
- Submitted Sep 24, 2018|From orbex.com|5 comments
Non-Commercials reduced their net long positions in the Euro last week selling 10k contracts to take the total position to 1.6k contracts. This latest positioning adjustment marks a swift change in sentiment among EUR traders with upside exposure ...
- Submitted Sep 21, 2018|From orbex.com
With the US Dollar having weakened over the course of the week, gold prices were able to post a small recovery, rallying up off last week’s lows to close green on the week. Gauging the USD reaction to the latest trade war headlines has become ...
- Submitted Sep 19, 2018|From orbex.com|10 comments
Financial Markets.” What comes first to your mind when you hear this word? Something like ‘Gambling,’ ‘Speculation,’ ‘Everybody loses money,’ ‘Trap,’ right? You might have heard something like this from your family or friends, but this may not be ...
- Submitted Sep 17, 2018|From orbex.com
EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 3k contracts to take the total position to 11k contracts. EUR upside positioning has grown steadily over the last two weeks as the market aligns itself ...
- Submitted Sep 14, 2018|From orbex.com
Gold Gold prices were higher this week, taking their cues from a weaker US Dollar which softened in response to weaker than expected economic data along with the prospect of negotiation between the US and China over the ongoing trade dispute. The ...
- Submitted Sep 13, 2018|From orbex.com
In its latest update, the International Energy Agency noted record levels of global oil supply over August with output hitting 100 million barrels a day for the first time. The report showed that increased production from the Organization of ...
-
Orbex replied Sep 13, 2018The U.S. dollar eased back strongly on Wednesday. The United States was seen making attempts to hold trade talks with China. On the economic front, data from the Labor Department showed that producer prices fell 0.1% in August unexpectedly. This was ...
Intraday Technical Analysis September 2018
- Orbex replied Sep 12, 2018
The British pound managed to post some modest gains on Tuesday after data showed that average earnings increased 2.9% on the year excluding bonuses in July. The data beat estimates and the unemployment rate held steady at 4.0%. The pound sterling ...
Intraday Technical Analysis September 2018
- Submitted Sep 11, 2018|From orbex.com|2 comments
BoE To Wait & See The upcoming BoE meeting this week has lost some importance following the bank’s last meeting in August at which the BoE raised rates by a further .25% (rates are now back above 0.5% for the first time in a decade) though signaled ...
- Orbex replied Sep 11, 2018
The UK’s GDP data released yesterday showed that the monthly gross domestic product increased 0.3% on the month. The data beat estimates of a 0.2% increase and up from 0.1% previously. However, manufacturing production fell 0.2%. Construction output ...
Intraday Technical Analysis September 2018
- Orbex replied Sep 10, 2018
The U.S. dollar posted strong gains on Friday fuelled by strong wage growth and overall positive sentiment for the currency. The official payrolls report for the month of August showed that the U.S. economy added 201,000 jobs during the beat. This ...
Intraday Technical Analysis September 2018
- Orbex replied Sep 7, 2018
The economic calendar today will see the German industrial production numbers coming out. Forecasts point to a 0.3% increase on the month following last month’s decline of 0.9%. The UK’s consumer inflation expectations report will also be coming ...
Intraday Technical Analysis September 2018
- Orbex replied Sep 6, 2018
It was a busy day for the markets on Thursday. The U.S. dollar gave up the gains from the previous day leading to the Euro and the pound sterling posting activity on the day. The British pound was volatile after initial reports from Bloomberg showed ...
Intraday Technical Analysis September 2018
- Orbex replied Sep 4, 2018
The British pound slumped on Monday after renewed concerns on Brexit. The Pound sterling fell as the UK’s manufacturing PMI fell to a 25-month low. Economic data from the U.S. was sparse with the U.S. and Canadian markets closed on account of the ...
Intraday Technical Analysis September 2018
-
Intraday Technical Analysis September 2018
Started Sep 3, 2018|Commercial Content|7 replies
The U.S. dollar was seen gaining ground on Friday as the markets closed the month of August. ...
- Orbex replied Aug 31, 2018
The U.S. dollar was seen posting a recovery on Thursday. The currency gained amid economic data from U.S. showed that the core PCE price index increased 0.2% on the month. Personal spending data showed a 0.4% increase as expected while personal ...
Intraday Analysis August 2018
- Orbex replied Aug 30, 2018
The U.S. dollar was seen trading on the back foot amid a rather busy day. The economic data from the U.S. showed that the economy advanced by 4.2% during the second quarter. The second revised estimates were higher than the initial estimates which ...
Intraday Analysis August 2018
- Orbex replied Aug 27, 2018
The U.S. dollar index was seen giving back the gains on Friday, following the speech by the Fed chair Jerome Powell at the annual Jackson Hole Symposium. The dollar index fully gave up the gains logged from Thursday. In his speech, Powell said that ...
Intraday Analysis August 2018