Gold reversed from massive resistance last week (long term parallel is shown on the weekly chart below). I am bearish…at least near term. If the decline from last week’s high unfolds in 5 waves, then I’d be confidently bearish against the high and look to short a rally. For now, just know that levels to watch are 1672.50 for support (keep in mind that this is futures and not spot) and 1724.20 for resistance.
Adam Button is the Chief Currency Analyst and Managing Editor at ForexLive.com, which stands among the most visited forex websites online. The site is popular among both retail and professional traders for its 24 hour coverage of news and astute market analysis.
Traders and investors across the globe need to understand what to look for in their partners. With plenty of scams out there, you can protect yourself with a little bit of knowledge.
Scand.Ex is pleased to present a video format of Trading Analysis to empower traders and equip them with the latest updates and first-hand knowledge from leading market experts.
Hugh Kimura, founder of Trading Heroes gives the lowdown on trading after last month crashes in the market.
Scand.Ex is pleased to present a video format of Trading Analysis to empower traders and equip them with the latest updates and first-hand knowledge from leading market experts.
The Coronavirus caused unprecedented interest in earning money online. Many are out of work or simply have more time on their hands. An outsized portion happens to be millennials and young adults.
In the early days of FXStreet, Francesc was in charge of advertising and content. He worked alongside his wife Miriam Pinatell (a graphic designer) and his friend Setxi Fernández (a programmer) who would become official partners in 2001 when the company was created. Currently, Miriam is the Head of Administration, Setxi is the CEO and Francesc serves as President.
Michael Buchbinder has been instrumental in transitioning the company from its origins in wealth management into Sweden’s first STP-ECN Forex broker.