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The resistance of the range was at 0.8158, and today we closed at 0.8208.
The next target is the following resistance at 0.8413. *it's not a coincidence the range was aprox 250 pips wide and that the next target above the resistance is also 250 pips*
The resistance of the range was at 0.8158, and today we closed at 0.8208.
The next target is the following resistance at 0.8413. *it's not a coincidence the range was aprox 250 pips wide and that the next target above the resistance is also 250 pips*
The resistance of the range was at 0.8158, and today we closed at 0.8208.
The next target is the following resistance at 0.8413. *it's not a coincidence the range was aprox 250 pips wide and that the next target above the resistance is also 250 pips
The pair is in strong uptrend line targeting But a clear break of this blue uptrend line will trigger a strong bearish targeting
Major trend : upward
Minor trend : downward
current position, a position floting loss, -4. two positions have not been executed pending orders.
price is currently undergoing a correction, and it seems like the trend up will not change
News) - While there has been a lot of disappointment in the gold market recently, Kitco News’ intrepid reporter Anna Golubova has been able to put financial markets’ volatility into perspective.
Golubova noted that the Dow Jones Industrial Average reported its worst three-month performance since 1987; it ended the first quarter down nearly 22%. Meanwhile, the S&P 500 saw a loss of 18.7%, its worst quarter since 2008.
However, the gold market ended the quarter with a gain of 5%. As of writing, June gold futures last traded at $1,647.10 an ounce, with some analysts once again keeping their eye on resistance at $1,700.
The resistance of the range was at 0.8158, and today we closed at 0.8208.
The next target is the following resistance at 0.8413. *it's not a coincidence the range was aprox 250 pips wide and that the next target above the resistance is also 250 pips*
CADCHF
trend is Bullish
Support (S1): 0.6864
Support (S2): 0.6832
Support (S3): 0.6802
Resistance (R1): 0.6890
Resistance (R2): 0.6932
Resistance (R3): 0.6957
With a global pandemic and crashing stock markets, its no surprise financings have dropped off a cliff.
On Thursday Kitco caught up with Kai Hoffmann, CEO of Oreninc. Hoffmann's firm tracks financings in the mining and exploration space.
Hoffmann said financing activity has been dismal with COVID-19 roiling the markets. He said there have only been a handful of financings over $10 million. Illustrative of the bad month is Silvercrest, which raised $75 million in mid-March in a bought-deal financing. The markets then went south and the banks used a "disaster out" clause to try to pull out of the deal. Hoffmann noted that the issue is now before the courts.
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Today Market Analisss...
We always admit this is the best plateform ,
I mean Indian Forex is always be the best plateform ever.
Hopefull next always we are helped to each others to understand the basic environment.
So friends be carefull and helped each other.
the best approach is only Gold trading all friends So our first priorities are trading through Gold statistics.
Best of luck!!
Keep it Up !!
Thank You.