USD Posts Modest Gains

Sourced from: https://www.countingpips.com/2019/07/usd-posts-modest-gains/

Oil Slips as China GDP Dampens Outlook

EURUSD Steady Above 1.1250

Can Oil Extend Declines?

Crude oil shut bearish on Monday. This includes two consecutive sessions of declines in the product. We anticipate price to remain rather flat. Crude oil briefly tested the immunity region of 61.00 before easing lower. Alternatively, unless we see a near 61.00, oil prices can continue to push lower. The downside target is seen at the 57.50 service region.
Cost action has moved to the upper end of the range, trading within 1404 and 1423 levels. A breakout above 1423 is necessary to get a daily basis in order to verify the upsidedown. However, considering the flat price action near the highs, then we hope to observe a correction reduced in the long run. The breakdown under 1404 will trigger a move to 1383.50.
The US dollar attempted to undo the losses from last week Monday, turning slightly bullish. However, price action was rather subdued. Investors will be looking towards the US retail earnings report due later today.
The precious metal remained stuck at a range near the highs over 1400 to get  four successive weeks. Dividend markets meanwhile pushed higher as the US corporate earnings get penalized. Markets stay muted as investors wait for the Fed meeting due to occur in late July. The prospects for a Fed rate cut look to be priced to the metal now.

Officials Warn of Possible Slowdown in German Growing

The services sector of germany could see a recession in the coming months, together with sluggish increase in the industrial industry. Germany’s economic minister cautioned that the professional services sector has been that which was forcing Germany’s expansion so far. This drags the eurozone’s expansion .

From Orbex
The common money held to the service at 1.1250 degree on Monday. Cost action was subdued as a result of absence of any fundamentals. But, investors are still expecting the ECB to act, either by cutting prices even lower or restarting the QE program. As long as the 1.1250 amount retains, the currency pair may be prep for 1.1400.

WTI
WTI Crude petroleum  prices shut 1.6% lower on Monday. China’s second-quarter GDP showed an increase rate of just 6.2%. This was considerably slower compared to the first-quarter GDP expansion. At the first half of the year, China’s GDP grew just 6.3%, marking one of the most affluent paces of growth in growth. The information underlined the opinion that global growth is slowing.
EURUSD

Can XAUUSD Maintain the Sideways Range?

Adhering to a strong gain in May, economists forecast that retail sales will rise at a slower rate in June. Meanwhile, the this day, Fed Chair Jerome Powell is scheduled to talk in Paris.

MT4 Trend Indicator – Custom Indicators for MetaTrader 4 platform

Product Name: MT4 Trend Indicator – Custom Indicators for MetaTrader 4 platform

All orders are protected by SSL encryption – the highest industry standard for online security from trusted vendors.

MT4 Trend Indicator – Custom Indicators for MetaTrader 4 platform is backed with a 60 Day No Questions Asked Money Back Guarantee. If within the first 60 days of receipt you are not satisfied with Wake Up Lean™, you can request a refund by sending an email to the address given inside the product and we will immediately refund your entire purchase price, with no questions asked.

Continue reading

Welcome – Just another WordPress site

Product Name: Welcome – Just another WordPress site

All orders are protected by SSL encryption – the highest industry standard for online security from trusted vendors.

Welcome – Just another WordPress site is backed with a 60 Day No Questions Asked Money Back Guarantee. If within the first 60 days of receipt you are not satisfied with Wake Up Lean™, you can request a refund by sending an email to the address given inside the product and we will immediately refund your entire purchase price, with no questions asked.

Continue reading

MT4 Trend Indicator – TrendViper – With Free Signals and Smart Display

Product Name: MT4 Trend Indicator – TrendViper – With Free Signals and Smart Display

All orders are protected by SSL encryption – the highest industry standard for online security from trusted vendors.

MT4 Trend Indicator – TrendViper – With Free Signals and Smart Display is backed with a 60 Day No Questions Asked Money Back Guarantee. If within the first 60 days of receipt you are not satisfied with Wake Up Lean™, you can request a refund by sending an email to the address given inside the product and we will immediately refund your entire purchase price, with no questions asked.

Continue reading

Price Action Membership Course

Product Name: Price Action Membership Course

All orders are protected by SSL encryption – the highest industry standard for online security from trusted vendors.

Price Action Membership Course is backed with a 60 Day No Questions Asked Money Back Guarantee. If within the first 60 days of receipt you are not satisfied with Wake Up Lean™, you can request a refund by sending an email to the address given inside the product and we will immediately refund your entire purchase price, with no questions asked.

Continue reading