Commodities Snapshot (precious & Industrial)

Metal pack is mixed today. Performance this week at a glance in chart & table –

Gold:

  • Gold is rising on a weaker dollar. Today’s range $1245-1259
  • We expect the gold price to reach $1365 per troy ounce.
  • Gold is currently trading at $1257/troy ounce. Immediate support lies at $1190, and resistance at $1290 area.

Silver:

  • Silver is up in line with gold. Today’s range $17.72-17.97
  • Silver is currently trading at $17.93/troy ounce. Support lies at $17.2, & resistance at $18.4

Copper:

  • Active call – Copper is likely to rise towards $3.2 per pound. Copper is moving down along with other industrial metals. Today’s range $2.64-2.58
  • Copper is currently trading at $2.585/pound, immediate support lies at, $2.4 & resistance at  $2.7

Gold

 +1.13%

Silver

 +0.96%

Copper

 -2.27%

The material has been provided by InstaForex Company – www.instaforex.com

Commodities Snapshot (precious & Industrial) was originally published on forexnewstoday.net

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Commodities Snapshot (precious & Industrial)

Metal pack is mixed today. Performance this week at a glance in chart & table –

Gold:

  • Gold is rising on a weaker dollar. Today’s range $1245-1259
  • We expect the gold price to reach $1365 per troy ounce.
  • Gold is currently trading at $1257/troy ounce. Immediate support lies at $1190, and resistance at $1290 area.

Silver:

  • Silver is up in line with gold. Today’s range $17.72-17.97
  • Silver is currently trading at $17.93/troy ounce. Support lies at $17.2, & resistance at $18.4

Copper:

  • Active call – Copper is likely to rise towards $3.2 per pound. Copper is moving down along with other industrial metals. Today’s range $2.64-2.58
  • Copper is currently trading at $2.585/pound, immediate support lies at, $2.4 & resistance at  $2.7

Gold

 +1.13%

Silver

 +0.96%

Copper

 -2.27%

The material has been provided by InstaForex Company – www.instaforex.com

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بنك إنجلترا يعتزم فحص معايير الإقراض لدى المصارف بعد تزايد الائتمان الاستهلاكي

يعتزم بنك إنجلترا مراجعة معايير الإقراض لدى المصارف في بريطانيا بعدما ارتفعت القروض الاستهلاكية بشكل كبير مؤخرًا، في إشارة على القلق المتزايد للمسؤولين تجاه تفاقم ديون الأسر، وهو الأمر الذي يشكل خطرًا على الاستقرار المالي.   وقالت لجنة السياسة المالية في بنك إنجلترا، إن النمو السريع في الائتمان الاستهلاكي يمكن أن يضر بالنظام المالي حال […]

بنك إنجلترا يعتزم فحص معايير الإقراض لدى المصارف بعد تزايد الائتمان الاستهلاكي was originally published on forexnewstoday.net

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بنك إنجلترا يعتزم فحص معايير الإقراض لدى المصارف بعد تزايد الائتمان الاستهلاكي

يعتزم بنك إنجلترا مراجعة معايير الإقراض لدى المصارف في بريطانيا بعدما ارتفعت القروض الاستهلاكية بشكل كبير مؤخرًا، في إشارة على القلق المتزايد للمسؤولين تجاه تفاقم ديون الأسر، وهو الأمر الذي يشكل خطرًا على الاستقرار المالي.   وقالت لجنة السياسة المالية في بنك إنجلترا، إن النمو السريع في الائتمان الاستهلاكي يمكن أن يضر بالنظام المالي حال […]

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Technical analysis of EUR/USD for March 27, 2017

EURUSDH4.png

Overview:

  • The EUR/USD pair will continue to rise from the level of 1.0792 in the long term. It should be noted that the support is established at the level of 1.0792 which represents the 78.6% Fibonacci retracement level on the H4 chart. The price is likely to form a double bottom in the same time frame. Accordingly, the EUR/USD pair is showing signs of strength following a breakout of the highest levels of 1.0792 and 1.0828. So, buy above the level of 1.0828 with the first target at 1.0873 in order to test the daily resistance 1 and further to 1.0925. Also, it might be noted that the level of 1.0950 is a good place to take profit because it will form a double top around the spot of 1.0950. On the other hand, in case a reversal takes place and the EUR/USD pair breaks through the support level of 1.0792, a further decline to 1.0728 can occur which would indicate a bearish market.

Daily key levels:

  • Major resistance:1.0950
  • Minor resistance:1.0873 | 1.0825
  • Intraday pivot point:1.0828
  • Minor support:1.0792
  • Major support:1.0728 | 1.0683

The material has been provided by InstaForex Company – www.instaforex.com

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الكويت لإجراء تغييرات في محاولة للحصول على علامة الأسواق الناشئة

تسعى الكويت إلى متابعة جيرانها الخليجيين في محاولة للحصول على وضع الأسواق الناشئة.
وقال نائب رئيس مجلس الإدارة مشعل العصيمي في مؤتمر عقد في مدينة الكويت أن هيئة أسواق المال في البلاد تخطط لتوسيع دورة التسوية الخاصة بها لتداول الأسهم بحلول نهاية أبريل إلى ثلاثة أيام من اثنين للأجانب و صفر للمتداولين المحليين.
ويخطط المنظمون أيضا لإدخال منتجات قصيرة ومشتقة عندما يسعون إلى اجتذاب النقد الأجنبي.
وقال العسيمي: "تحدثنا عن تطوير نموذج تكون فيه التسوية ملائمة للمستثمرين المحليين والأجانب". "نحن نعمل على تحويل الكويت إلى أكثر الأسواق تطورا في المنطقة".
وقال العسيمي إن تسوية T + 3 هي جزء من "نموذج ما بعد التجارة" الذي سيتم تنفيذه على مرحلتين. وتشمل التدابير الأخرى للمرحلة الأولى إدخال إقراض واقتراض أسهم لصانعي السوق وبعض الشركات.
تدرس البورصة الكويتية المعروفة باسم بورصة الكويت العديد من الإجراءات لمعالجة نقص السيولة في السوق المحلية، كما قال الرئيس التنفيذي خالد خالد في نفس الحدث.

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S.africa’s Rand Extends Losses to more Than 1.7 Percent Against Dollar After Zuma Summons Gordhan from London

S.AFRICA’S RAND EXTENDS LOSSES TO MORE THAN 1.7 PERCENT AGAINST DOLLAR AFTER ZUMA SUMMONS GORDHAN FROM LONDON
The material has been provided by InstaForex Company – www.instaforex.com

S.africa’s Rand Extends Losses to more Than 1.7 Percent Against Dollar After Zuma Summons Gordhan from London was originally published on forexnewstoday.net

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Ecb’s Nouy says Claw-Back Concept of Eba’s Bad Bank Idea Is No Solution Because We need Certainty in Prices

ECB’S NOUY SAYS CLAW-BACK CONCEPT OF EBA’S BAD BANK IDEA IS NO SOLUTION BECAUSE WE NEED CERTAINTY IN PRICES
The material has been provided by InstaForex Company – www.instaforex.com

Ecb’s Nouy says Claw-Back Concept of Eba’s Bad Bank Idea Is No Solution Because We need Certainty in Prices was originally published on forexnewstoday.net

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S.africa’s Rand Extends Losses to more Than 1.7 Percent Against Dollar After Zuma Summons Gordhan from London

S.AFRICA’S RAND EXTENDS LOSSES TO MORE THAN 1.7 PERCENT AGAINST DOLLAR AFTER ZUMA SUMMONS GORDHAN FROM LONDON
The material has been provided by InstaForex Company – www.instaforex.com

The post S.africa’s Rand Extends Losses to more Than 1.7 Percent Against Dollar After Zuma Summons Gordhan from London appeared first on forexnewstoday.net.

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Ecb’s Nouy says Claw-Back Concept of Eba’s Bad Bank Idea Is No Solution Because We need Certainty in Prices

ECB’S NOUY SAYS CLAW-BACK CONCEPT OF EBA’S BAD BANK IDEA IS NO SOLUTION BECAUSE WE NEED CERTAINTY IN PRICES
The material has been provided by InstaForex Company – www.instaforex.com

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