«Market Leader» - news and previews making you rich.

Search »

Masterforex-V: Documentary on Forex – What Don’t We Know?

Tips For Forex Traders: +144% In 10 Days

The Washington Post On European Crisis and Euro

Masterforex-V Expo: Best Forex Brokers. April 2013

Masterforex-V Expo: Rating of ECN Brokers

Masterforex-V Books

Market Leader Free Newsletter

Stock and commodities markets

Gold And Silver: Daily Market Outlook. May 30th 2012

30 May 06:55 AM

Higher Spanish bond yields and concerns over Spain ’s banking system forces investors into selling the Euro yesterday. As a result, EURUSD came closer to the 2-year low. Greek surveys show that most Greeks want the EU to reconsider the financial support conditions. The eurozone consumer confidence index improved a little against April’s readings but is still in the negative zone.

The US business activity report came out much worse than expected. The consumer confidence report came out negative as well. The markets will be focused on the GDP and employment reports, which are to be published on Thursday and Friday correspondingly.

The European instability make investors search for safe haven in Japanese T-bonds, which makes the Japanese Yen stronger, thus affecting Japanese exporters.

It is reported that the Chinese authorities are planning to start a wide-range campaign aimed at stimulating the national economy. The news made commodity markets (including metals) decline a little.

According to the Commodity Trading Department of Masterforex-V Academy, on breaking and consolidating above 1551 gold may test 1555-1557. In order to resume the rally, the price will have to consolidate above 1558. Alternatively, a failure to consolidate above 1551 will intensify the bearish movement down to 1535, 1525, 1500.

As for silver, it is expected to test the 27.8-27.90 resistance area. On consolidating above 27.8, the price may test 28.15-28.25, with a further rebound. If the price fails to consolidate above 27.80, the downtrend may strengthen and hit 27.50, 27.25, 27.0.

You are free to discuss this article here: forum for traders and investors

Got a question? – Ask it here »

Hot news

Asian-Pacific Indices Go Red

European Stock Indices Go Red On Poor Reports

FBS: FX Bazooka – Analytical Portal of New Generation

Brent Comes Close To $105/b.

Asian-Pacific Indices Go Red

Asian-Pacific stock indices closed today’s Asian trading session in the red zone. Yesterday, indices reached their 5-year highs. Therefore, today’s retracement looks neutral.

Publication date: 21 May 09:01 AM

European stock indices are trading in the red zone today amid weak quarterly reports published by several European companies.

Publication date: 21 May 07:57 AM

On Monday, Brent oil was trading around $105/b, taking into account positive economic stats and stock market growth along with moderate forecasts for oil demand and stocks.

Publication date: 20 May 05:54 PM

Lower inflation in the UK amid brighter prospects of the British economy may well give the Bank of England a few extra weapons in its arsenal of economic stimuli. This is what Martin Weale, an MPC member, thinks on the issue.

Publication date: 20 May 05:22 PM

European stock indices have started this trading week positively and are currently trading in the green zone. Some indices keep making new 5-year highs.

Publication date: 20 May 08:55 AM

Asian-Pacific stock indices closed today’s trading session in the green zone.

Publication date: 20 May 08:44 AM

Today’s trading session has been bearish for precious metals. Silver prices are down to the lowest level since September 2010. However, the ratio between god and silver prices has reached the highest level in 33 months. Gold has been depreciating for 8 consecutive trading sessions in a row for the first time in 4 years.

Publication date: 20 May 08:04 AM

Go and conquer new dimensions of thinking.
B. Werber

These days anyone may work at forex market. However, stable earning on a regular basis is only for those traders that are ready to “conquer new dimensions of thinking”, have adequate reaction to any changes at rapidly progressing markets, and remain cold-minded when taking informed decisions on the basis of thorough analysis.

Publication date: 18 May 04:11 AM

Wal-Mart Stores Inc., the world’s biggest chain of retail stores, has recently reported on its financial performance in Q1 2013. The report seems to have match analyst expectations.

Publication date: 17 May 01:22 PM

It’s been almost 12 months since Facebook’s IPO. Most investors are still pondering whether they made a mistake by investing in Facebook’s stock. Some experts say that this was one of the most significant IPOs in the 21^st century. However, many investors eventually suffered major losses since the IPO wasn’t successful.

Publication date: 17 May 01:10 PM

Other media

«Market Leader» - news and previews making you rich.

Stock and commodities markets

Gold And Silver: Daily Market Outlook. May 30th 2012

Asian-Pacific Indices Go Red

European Stock Indices Go Red On Poor Reports

Brent Comes Close To $105/b.

Investors Should Get Ready For Further Monetary Stimuli

European Stock Indices Break Records

Asian-Pacific Stock Indices Close Bullish

Silver Prices Drop To 2010 Lows

GKFX: Updated “Market Depth” for MT4 – for Those who Want to Win

Wal-Mart Sees 1.1% Income Boost

Facebook: Consequences of Last Year’s IPO