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NZDUSD in consolidation mode; Bearish crossover recorded recently Forex News 

NZDUSD in consolidation mode; Bearish crossover recorded recently

NZDUSD in consolidation mode; Bearish crossover recorded recently NZDUSD in consolidation mode NZDUSD has been mostly moving within a narrow range over the last five trading days (between 0.6950 and 0.7050). This neutral tone is also projected by the RSI indicator which is currently at 50 and has remained in this 50 area throughout this period of consolidation. However, the bearish cross recently recorded with the 50-day moving average (MA) crossing below the 200-day one could indicate that we’re about to enter a period of downward movement for the pair….

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD Trendline Break Amplifies Bearish Sentiment

AUDUSD Trendline Break Amplifies Bearish Sentiment AUD-USD Buz Investors AUDUSD Trendline Break The pair is trading at 0.7354 at 10:40 GMT this morning, with the Australian Dollar trading marginally lower against US Dollar from the New York close. Amid no economic releases in Australia today, trading trend in the AUD is expected to be determined by global macroeconomic factors. This morning, the pair traded at a high of 0.7370 and a low of 0.7328. The Australian Dollar traded 0.37% lower against the US Dollar in the New York session yesterday,…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD remains neutral outlook stays bearish

AUDUSD remains neutral  outlook stays bearish AUD-USD Buz Investors outlook stays bearish The pair is trading at 0.7420 at 10:40 GMT this morning, with the Australian Dollar trading 0.47% lower against US Dollar from the New York close. Data released overnight showed that Australia’s AIG performance of services index climbed in November. This morning, the pair traded at a high of 0.7462 and a low of 0.7408. The Australian Dollar traded 0.53% higher against the US Dollar in the New York session on Friday, with the pair closing the session…

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Silver Price Unable to Hold above $20.00 as Dollar Stabilises Commdities 

Silver looking to make good on the bearish reversal

Silver looking to make good on the bearish reversal Silver Buz Investors  bearish reversal The precious metal is trading at $16.62 per ounce at 10:40 GMT this morning, 1.1% lower from the New York close. During the session, silver traded at a high of $16.96 per ounce and a low of $16.55 per ounce. In the New York session on Friday, silvbearish reversaler rose 2.16% and closed at $16.80 per ounce, tracking gains in gold prices. Immediate downside, the first support level is seen at $16.34 per ounce, while on…

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Silver Support levels broken, looking to 19.20 Commdities 

Silver looking to make good on the bearish reversal

Silver looking to make good on the bearish reversal Silver Buz Investors Silver looking to make good The precious metal is trading at $16.45 per ounce at 10:40 GMT this morning, 0.69% lower from the New York close. During the session, silver traded at a high of $16.64 per ounce and a low of $16.30 per ounce. In the New York session yesterday, silver fell 0.9% and closed at $16.56 per ounce, tracking weakness in gold prices Immediate downside, the first support level is seen at $16.23 per ounce, while…

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Salesforce.com, inc.: A Bearish Storm Is Brewing in CRM Stock Forex News 

Salesforce.com, inc.: A Bearish Storm Is Brewing in CRM Stock

Salesforce.com, inc.: A Bearish Storm Is Brewing in CRM Stock Buz Investors Bearish Storm Is Brewing in CRM The presidential election has come and gone; Donald Trump is going to the 45th president of the United States. The fears surrounding his win were ill-advised, as the markets did not crash like all the pundits and media described. The effect was quite the contrary, as the markets have soared. I have been bearish on salesforce.com, inc. (NYSE:CRM) stock, and this newfound optimism for the equity markets has done little to sway my view. The…

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USDJPY short term Outlook and tiers to recognize ahead US NFPs Forex News 

USDJPY turns bearish, tests moving averages

USDJPY turns bearish, tests moving averages USD-JPY Buz Investors USDJPY turns bearish This morning, at 09:40 GMT, the US Dollar is trading at 103.04 against the Yen, 0.07% higher from the New York close. Overnight data showed that, Japan’s Markit services PMI expanded in October. During the session, the pair traded at a high of 103.35 and a low of 102.81. Yesterday, the US Dollar traded 0.2% lower against the Yen in the New York session and ended at 102.97. The pair is expected to its find support at 102.78…

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Gold Prices Remain Bearish; Decline For 6th Session Market News 

Gold Prices Remain Bearish

Gold Prices Remain Bearish Gold Buz Traders Gold Prices Remain Bearish  Gold is trading at $1311.80 per ounce at 09:40 GMT this morning, 0.18% lower from the New York close. This morning, the precious metal traded at a high of $1315.40 per ounce and a low of $1308.70 per ounce. Yesterday, gold traded 0.15% lower in the New York session and closed at $1314.20 per ounce, as greenback strengthened following upbeat US manufacturing data. Immediate downside, the first support level is seen at $1306.53 per ounce, while on the upside, the…

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Gold Prices Remain Bearish; Decline For 6th Session Commdities 

Gold Prices Remain Bearish; Decline For 6th Session

Gold Prices Remain Bearish; Decline For 6th Session Gold Buz Traders Gold Prices Remain Bearish  Gold is trading at $1311.80 per ounce at 09:40 GMT this morning, 0.18% lower from the New York close. This morning, the precious metal traded at a high of $1315.40 per ounce and a low of $1308.70 per ounce. Yesterday, gold traded 0.15% lower in the New York session and closed at $1314.20 per ounce, as greenback strengthened following upbeat US manufacturing data. Immediate downside, the first support level is seen at $1306.53 per ounce, while…

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Forex News 

GBPUSD Bearish Oversold but room for extension to 1.2930.

GBPUSD Bearish Oversold but room for extension to 1.2930. GBP-USD Buz Traders ALERT GBPUSD Bearish Oversold  At 09:40 GMT, the pair is trading at 1.3040, with the Pound trading 0.28% higher against US Dollar from the New York close. With no crucial economic releases in UK today, investor sentiment would be governed by global events. The pair witnessed a high of 1.3074 and a low of 1.2994 during the session. On Friday, the Pound traded 0.97% lower against the US Dollar in the New York session and ended at 1.3004….

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