21 August, 2015 by Aayush Jindal in Gold, Technical Analysis
GOLD rocketed higher recently, and cleared a lot of hurdles to move upside.
There was weakness noted in the US dollar, which helped GOLD to trade higher in the near term.
Chinese Caixin China Services PMI™, released by Markit Economics declined from 47.8 to 47.1 in August 2015, which was lower compared with the forecast.
In Japan, the Nomura/JMMA Manu...
03 July, 2015 by Aayush Jindal in Uncategorized
GOLD continued to fall this week and followed a nice downtrend despite Greece exit fears.
HSBC China Services PMI™, released by Markit Economics posted a decline from the last reading of 53.5 to 51.8 in June 2015.
In Australia, the Retail Sales released by the Australian Bureau of Statistics registered an increase of 0.3% in May 2015, compared with the ...
01 June, 2015 by Aayush Jindal in EURUSD, Fundamental Analysis, Market Analysis, Technical Analysis
Euro after trading as low as 1.0810 moved back higher against the US Dollar.
A nice bullish trend line is formed, which is acting as a major support for the EURUSD pair.
Chinese HSBC Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics came in at 49.2 in May 2015, up from the last reading of 49.1.
EURUSD – Technical Analysis...
04 March, 2015 by Aayush Jindal in Market Analysis
Currencies such as the New Zealand and the Aussie dollar were seen trading higher against the US dollar.
Chinese HSBC China Services PMI was released by Markit Economics, which registered a healthy reading of 52.0 compared to the last reading of 51.8.
In Japan, the Services Purchasing Managers Index (PMI) was released by Markit Economics, which registered...