Monthly Archives: April 2016

GOLD, the precious metal traders are nervous! What to expect on FOMC decision!?

Moving in between 1242 and 1251 for few times in the last three hours, the precious metal traders are showing that they are nervous before FOMC today and it seams that they are taking this decision quite seriously. As you can see in my analysis, gold is still in the some kind of neutral teritory, squeezed in simetrical triangle and there

Read more

Durable Goods Orders, coming up!

The Commerce Department is scheduled to release durable goods orders data for March. After sharp decline in February, consensus for March is 1.8% rise. Orders for core durable goods, ex Transportation is expected register a gradual rise of 0.5%, better than the sharp decline of 1.3% in February. 13:30 h (London time) > Durable Goods Orders > Previous -3.0%, Consensus 1.8%. Update

Read more
« Older Entries