Technical View: Markets to Watch for the Week Ahead Currencies: US Dollar Eyeing the 101.92 Low With Friday’s one-sided decline, it was a disappointing week for the Dollar Index, down -0.6%. Trend studies on the monthly timeframe show price action has been northbound since bottoming in 2008 at 70.70. Q4 (2022), as you can see,…
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GOLD AND SILVER Indices closed yesterday’s trading sessions in green and started this morning in the same way with risk on still dominating sentiment. Moreover, the greenback is strengthening and EUR/USD is getting closer to 1.20. As a result, investors are not keen on increasing their position on gold and bullion declined to $1,835. The…
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SILVER Silver is not GameStop. That is the first lesson of the last few trading hours. After successfully pushing up Dogecoin and GameStop, Reddit investors (and probably not only them) tried to replicate this success by targeting silver. But this is a much bigger whale, with a huge number of players involved. Moreover, silver is…
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Fear, however, is pushing many of the traders who have shorts on silver to start covering their positions. Sellers of the physical metal are also rushing to cover their short positions, to avoid finding themselves at a loss in the face of the startling increases. We must also stress, however, that a successful attack on…
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EUROPEAN SHARES Stocks slid slightly lower in the old continent on Wednesday, following the trend set overnight in Asia, as a risk-off trading stance is emerging amid growing uncertainty. Even if most stock indices achieved fresh highs this week, boosted by the agreement on the EU recovery package, market sentiment is becoming increasingly weighed down…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 9, 2019. See details below: GOLD & SILVER Market sentiment remains strong on stock markets and gold so far failed to rebound after the sharp decline seen in the final part of last week. The main trend remains positive, even…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 2, 2019. See details below: FOREX The US Dollar is down against other major currencies in Friday’s morning trading, as the markets digest the latest move by President Trump, who yesterday tweeted about his intention to raise additional tariffs on…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 29, 2019. See details below: EUROPEAN SHARES European markets opened mixed following a decline in Asia overnight, as investors brace for what is going to be a very busy trading week. The focus will be on the U.S.-China trade talks…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for May 8, 2019. Forex The Pound continues to fall, threatening to drop below $1.30 during early Wednesday trading, as hopes seem slim that an agreement to deliver an orderly Brexit will be reached by Prime Minister Theresa May and opposition leader…
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Leaprate Exclusive... The cryptocurrency trading platform Overbit went live 10 days ago, on February 18th 2019. It allows cross-market trading using Bitcoin as the underlying asset and is an all-in-one platform, offering the ability to buy and sell cryptocurrency and various financial products. Users will be able to buy and sell currency transactions, stocks around the…
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