#atiroxhedgingstrategy

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Silver trades flat at $17.00 Mark, FED chair powell’s speech in focus XAG/USD is currently trading around $17.02 marks.   It made intraday high at $17.04 and low at $16.96 levels.   Intraday bias remains neutral till the time pair holds key support at $16.83 mark.   A daily close above $17.20 will test key resistances at $17.37, $17.48 and $17.78 marks respectively.   On the other side, a daily close below $16.83 will take the parity down towards key supports at $16.70, $16.57, $16.07, $15.90, $15.70, $15.47 and $15.40 marks respectively.   Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart. We prefer to take long position on XAG/USD only above $17.04, stop loss at $16.92 and target of $17.37/$17.48. Source - Technicals 23-August-2019 16:31:33 #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex #pamm https://www.instagram.com/p/B1gYK1jD1n4/?igshid=1w4bntjxcfiqp

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Gold trades lower on strong USD, good to buy on dips  Major intraday support - $1480 Gold price is trading lower and lost nearly $35 from a high of $1528. The yellow metal was one of the best performers and jumped more than $150 in this quarter on declining bond yield and trade war. It hits a low of $1493 and currently trading around $1497.93. US 10 year yield recovered slightly more than 10% from 3 year low of 1.47%. The spread between US 10 year and 2-year yield widened to 6.5 basis point from -0.6 basis point. On the higher side, near term resistance is around $1535 and any violation above will take the yellow metal till $1565/$1585.  The near term major support is around $1499 (10- day MA) and any break below will drag the gold till $1477/$1460 (21- day MA)/$1440.  The momentum indicators are showing bearish divergence so minor dip till $1440-50 is possible.  It is good to sell on rallies around $1505-07 with SL around $1515 for the TP of $1470. #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex #pamm https://www.instagram.com/p/B1YZDzij887/?igshid=15e8nf7l5pkxp

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Hong Kong protests: Rival demonstrations spread across globe over the Hong Kong democracy movement have spread across the globe, with rallies taking place in the UK, France, US, Canada and Australia. In Vancouver, Toronto and London, demonstrators were confronted by pro-Beijing rallies. Hundreds also protested in Sydney's Belmore Park on Sunday. Some wore facemasks due to fears of alleged Chinese state surveillance of citizens who support Hong Kong from abroad. Hong Kong protests: 'If we burn you burn with us' How could China intervene? What is mainland China hearing? On Sunday hundreds of thousands of people took part in pro-democracy protests in Hong Kong despite increasingly severe warnings from the Chinese central government. #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex #pamm https://www.instagram.com/p/B1T9RS9j-N6/?igshid=55dljllxeu42

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U.S. housing starts fall in July, tight labour market and rising wages likely to support housing market activity U.S. housing starts dropped in July by 4 per cent to 1.191 million units from a downwardly revised 1.241 million units in the prior month. The market expected a slight rise of 0.2 per cent. The revision reflected lower multi-family starts than previously reported, while single-family starts were upwardly revised. July’s drop was also concentrated in the multi-family segment, which dropped 16.2 per cent to 315k after a similar 16.4 per cent falls in the prior month. The larger single-family segment recorded a modest rise of 1.3 per cent to 876k. Permits rose 8.4 per cent in July to 1.336 million, reversing a 5.2 per cent fall in June. Multi-family permits rose sharply by 21.8 per cent, while single-family permits rose a bit by 1.8 per cent in July, rising for the third consecutive month. Region-wise starts generally turned negative, with just the West posting a marginal rise of 1.3 per cent. The Northeast, Midwest and South were down by 13.8 per cent, 6.2 per cent and 4.3 per cent respectively. New construction of residential houses continue to face headwinds in the U.S. The June data saw the third straight month of falling housing starts. While the fall for the last two months has been restricted to the multi-family segment, growth in the larger single-family segment has stayed subdued, noted TD Economics in a research report. In spite of lacklustre starts, the rise in permits is positive, implying that builders might be positioning themselves to construct more units in the future. “Demand fundamentals remain solid and if the construction of more entry-level units can be ramped up, then a tight labour market and rising wages should support activity in the U.S. housing market”, added TD Economics. 17-August-2019 01:02:03 #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex #pamm https://www.instagram.com/p/B1O6bNujhv5/?igshid=lzykxzrimx4u

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GBP/JPY ST (SHORT-TERM): the downside prevails as long as 131.87 is resistance Our pivot point stands at 131.87. Our preference: the downside prevails as long as 131.87 is resistance. Alternative scenario: above 131.87, look for 135.83 and 138.18. Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 131.40 and 134.36). Supports and resistances: 138.18 ** 135.83 * 131.87 ** 130.32 128.24 last 123.32 120.98 ** 118.65 * 116.31 ** Written on 08-14-2019 at 05:55 UTC+1 Price reference: 128.24 last known on 08-14-2019 at 05:55 UTC+1 Investment horizon: ST #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex #pamm https://www.instagram.com/p/B1OkkuJjh8u/?igshid=1swfcifhu7vjb

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GBP/USD ST ( SHORT-TERM): under pressure. 16-August-2019 13:15:01 Pivot: 1.2250 Our preference: short positions below 1.2250 with targets at 1.1950 & 1.1800 in extension. Alternative scenario: above 1.2250 look for further upside with 1.2380 & 1.2575 as targets. Comment: the break below 1.2250 is a negative signal that has opened a path to 1.1950. Supports and resistances: 1.2575 *** 1.2380 *** 1.2250 *** 1.2093 Last 1.1950 *** 1.1800 *** 1.1650 * Written on 08-16-2019 at 07:12 UTC+1 Price reference: 1.2093 last known on 08-16-2019 at 07:12 UTC+1 Investment horizon: ST #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex #pamm https://www.instagram.com/p/B1OjlhpjWvb/?igshid=x15im9priy4d

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SHORT-TERM EUR/USD ST: the downside prevails. 16-August-2019 13:20:01 Pivot: 1.1230 Our preference: short positions below 1.1230 with targets at 1.1025 & 1.0950 in extension. Alternative scenario: above 1.1230 look for further upside with 1.1280 & 1.1350 as targets. Comment: the RSI shows downside momentum. Supports and resistances: 1.1350 *** 1.1280 *** 1.1230 *** 1.1102 Last 1.1025 *** 1.0950 ** 1.0870 *** Written on 08-16-2019 at 07:15 UTC+1 Price reference: 1.1102 last known on 08-16-2019 at 07:15 UTC+1 Investment horizon: ST- SHORT TERM #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex https://www.instagram.com/p/B1Oi79UjR2s/?igshid=q6h38at2520g

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JGBs: The Japanese government bonds jumped Thursday on increased expectations the Bank of Japan (BoJ) will further ease monetary policy, on rising fears of a global economic downturn, with the U.S. 2s10s Treasury yield curve barely 2 basis points away from an inversion. The yield on the benchmark 10-year JGB note, which moves inversely to its price, plunged 23-1/2 basis points to -0.234 per cent, the yield on the long-term 30-year suffered 4-1/2 basis points to 0.155 per cent and the yield on short-term 2-year slumped nearly 28 basis points to -0.279 per cent. #atiroxhedgingstrategy #atiroxblog #atiroxintraday #atiroxltd #mibatirox #supertraderfx #economyforecastus #thewhitehouse #amla #technicals #forexmarketplayers #moneymarkets #fundamentals #bankforecast #fitchratings #digitalcurrency #forexstockeducation #investmentmalaysia #pamminvestment #pammaccount #pammforex #pamm https://www.instagram.com/p/B1MN-iajPir/?igshid=1jq6xr0ulhb1x