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Indian Indices Trade Flat; Energy And Power Stocks Witness Buying

Indian Indices Trade Flat; Energy And Power Stocks Witness Buying

Share markets in India are presently trading near the dotted line. Sectoral indices are trading on a mixed note with stocks in the energy sector and power sector witnessing maximum buying interest. Stocks from the realty sector are trading in the red. The BSE Sensex is trading up by 12 points (up 0.03%), while the NSE Nifty is trading up by 15 points (up 0.1%). The BSE […]
Bitcoin Daily Forecast – Tuesday, August 21

Bitcoin Daily Forecast – Tuesday, August 21

BTC/USD Bitcoin markets were very choppy during the trading session on Monday as traders came back to work from a quiet weekend. Bitcoin continues to struggle to find direction, although I suppose the one thing that you can say about this chart is that the $6000 level very obviously attracts a lot of attention. It […]
Stocks Outlook – Tuesday, August 21

Stocks Outlook – Tuesday, August 21

Thoughts *I’m introducing some new thoughts with the hashtag #PermabearParody. These thoughts will tell you what financial dogma to ignore. The stock market’s breadth is rather strong. S&P 500’s equal-weighted index confirms the market cap weighted index. #PermabearParody: the stock market is rallying on falling volume. Bearish for stocks! #PermabearParody: gold is a safe haven. […]
Iran Oil Minister Confirms French Energy Giant Total Quits $5bn Pars Gas Deal

Iran Oil Minister Confirms French Energy Giant Total Quits $5bn Pars Gas Deal

On Monday Iran’s oil minister Bijan Namdar Zanganeh confirmed the official withdrawal of France’s Total from its project in the South Pars gas field, a contract totaling $4.9 billion. The South Pars gas field is the world’s largest, and the announcement gives final confirmation to prior reporting of the deal’s imminent collapse due to the US reimposing sanctions on Iran […]
EURUSD: The Price Has Reached The Upper Border Of The MA Channel

EURUSD: The Price Has Reached The Upper Border Of The MA Channel

Previous: On Monday, the 20th of August, trading on the euro closed up. Following EURUSD’s daily decline to 1.1394, growth returned with renewed force. The price was supported by speculation on the upcoming trade talks between the US and China, which will be held on the 22nd and 23rd of August. US 10-year Treasury yields fell, and demand […]
Gold Advances As Dollar Softens

Gold Advances As Dollar Softens

Gold prices ended Monday’s session up $6.65 an ounce as the dollar eased after U.S. President Donald Trump said he is unhappy with the Federal Reserve’s recent interest-rate hikes and he will continue to criticize the central bank if it continues to raise rates. XAU/USD reached the $1196-$1194 area as expected after the market penetrated […]
AUDUSD Daily Analysis – Tuesday, August 21

AUDUSD Daily Analysis – Tuesday, August 21

AUDUSD’s upside movement from 0.7202 extended to as high as 0.7353. Further rise is still possible after a minor consolidation and next target would be at 0.7400 area. Support is at the bullish trend line on the 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.
Stocks For You To Swing-Trade: ROKU, MOS, NUE

Stocks For You To Swing-Trade: ROKU, MOS, NUE

Tuesday’s Swing-Trades: Long Roku (ROKU) Long Mosaic (MOS) Short Nucor (NUE)
EUR/USD Is Getting Used To A Higher Range – Levels To Watch

EUR/USD Is Getting Used To A Higher Range – Levels To Watch

The EUR/USD leaped after President Trump criticized the Federal Reserve and expressed his desire for lower interest rates. What levels should we look out for? The Technical Confluences Indicator shows that the pair has strong support at 1.1490 where we see the convergence of the Pivot Point one-week Resistance 1, the four-hour low, and the one-day high. If the pair loses […]
Crude Oil, Gold Prices Rise As Trump Comments Hurt US Dollar

Crude Oil, Gold Prices Rise As Trump Comments Hurt US Dollar

A pullback in the US Dollar set the trajectory for key commodities on Monday. Crude oil and gold prices rose in tandem as jawboning from Donald Trump amplified the greenback’s retreat, which has been underway since late last week against a backdrop of improving risk appetite. The US president again expressed displeasure with the Fed’s tightening efforts, saying he intends to “criticize” […]