Daily Live FX Signals Gold Prices drop as US Dollar Firms – FxPremiere Group Live SMS Email sent daily for live Forex Capital Markets.
FXPremiere | FX Signals Gold Prices drop as US Dollar Firms
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Gold Prices Slide as US Dollar Firms
Daily Support for Gold is Found at $1,225.61
Looking for additional trade ideas for Gold & the US Dollar? Read Our Market Forecast
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Upcoming UK/ EU Event Risk
|Events||Date, Time (GMT)||Forecast||Previous|
|Germany Wholesale Price Index (MoM) (Jan)||Feb 13, N/A||–||1.3%|
|Germany Wholesale Price Index (YoY) (Jan)||Feb 13, N/A||–||2.9%|
|European Commission Economic Forecasts||Feb 13, N/A||–||–|
See the LIVE FOREX NEWS impacting FX markets is scheduled for the week. FX Signals Gold Prices drop as US Dollar Firms
Gold prices are moving upwards and downwards in a volatile state trading, as the US Dollar rises in strength in the short-haul. Gold prices are continuing to trade lower after highs seen at $1,245.50 last week. This Drop in short-term trend for gold may still be bullish. Prices remain supported by a rising 11 day EMA @ $1,225.55. If prices become volatile here, forex signal traders may look for ongoing bullish trends. However in the event of a breakout below $1,225.70, the trend in gold may seem bearish for this week’s forex trading. Join our daily news | FX Signals Gold Prices drop as US Dollar Firms
World Traders watching the US Dollar Basket should note that the Index is currently higher in the short-haul.
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Alternatively, US Dollar begins to drop, FX traders should look for the Index to decline below today’s 11 day EMA at 100.50. A move below this state shifting in momentum for the US Dollar and open up the Index to then retest.
US Dollar Basket, with Averages
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Looking for the Best forex strategy are always kept simple with simple Rsi, MACD Volume indicators. Best forex broker worldwide is VIP account by FxPremiere Group. Candlestick Trading is a smart method of trading used on USD/JPY heavily. | Live Forex News.
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Weekly Forex Trading Forecast | FX Signals Gold Prices drop as US Dollar Firms