Ichimoku indicator analysis of gold for August 23, 2017

Gold price has pulled back again towards $1,282 support yesterday but it did not break it. Price remains trapped inside a short-term trading range of $1,295-$1,282. We could push lower towards $1,275 but overall trend remains bullish and any pullback is seen as buying opportunity. Gold price is trading above the Kumo cloud. This is Read more about Ichimoku indicator analysis of gold for August 23, 2017[…]






COLOMBIA: Former Venezuelan Prosecutor Is Under Government Protection

Colombian President Juan Manuel Santos confirmed that the former Venezuelan prosecutor Luisa Ortega, who arrived in Bogot? last Friday with her husband, the representative Germ?n Ferrer, “is under government protection.” “The prosecutor Luisa Ortega is under the protection of the Colombian government. If she asks for asylum, we will grant her,” added Santos on Twitter. Read more about COLOMBIA: Former Venezuelan Prosecutor Is Under Government Protection[…]






MEXICO: Economic Activity Indicator Up 2.4% On Year In June

Mexico’s Global Indicator of Economic Activity posted a 2.4% growth in June, on an annual basis, recording a subtle increase when compared to May (+2.2%), said the country’s statistics institute. By large groups of activities, services increased by 3.9% on the same comparison basis, primary activities rose 2.2%, while manufacturing remained stable. The material has Read more about MEXICO: Economic Activity Indicator Up 2.4% On Year In June[…]






Dollar Rising Against Euro On Weak German Data

The dollar is gaining ground against all of its major rivals Tuesday afternoon. The continued lack of U.S. economic data is keeping some investors on the sidelines. Traders also appear hesitant to make any major moves ahead of the upcoming Jackson Hole central banking conference on Thursday. Investors are awaiting speeches from both Fed chair Read more about Dollar Rising Against Euro On Weak German Data[…]






Intraday technical levels and trading recommendations for NZD/USD for August 22, 2017

Daily Outlook In February 2017, the depicted short-term downtrend was initiated around the depicted supply zone (0.7310-0.7380). However, a recent bullish breakout above the downtrend line took place on May 22. Since then, the market has been bullish as depicted on the chart. The price zone of 0.7150-0.7230 (key zone) stood as a temporary resistance Read more about Intraday technical levels and trading recommendations for NZD/USD for August 22, 2017[…]






Finland Jobless Rate At 11-Month Low

Finland’s unemployment rate declined for the second straight month in July to the weakest level in almost a year, figures from Statistics Finland showed Tuesday. The jobless rate dropped to 7.5 percent in July from 8.9 percent in the prior month. In the corresponding month last year, the rate was 7.8 percent. Moreover, the latest Read more about Finland Jobless Rate At 11-Month Low[…]






Swiss Trade Surplus Increases In July

Switzerland’s trade surplus increased in July despite a fall in exports, figures from the Federal Customs Administration showed Tuesday. The trade surplus rose to CHF 3.6 billion from CHF 2.7 billion in June. Exports declined by real 1.7 percent month-on-month in July, larger than the 1.3 percent decrease seen in June. Likewise, imports slid 1 Read more about Swiss Trade Surplus Increases In July[…]