VAKFX

VAKFX VAKFX.com is an innovative, world-leading trading platform that offers financial trading products, tight spreads & competitive leverage.

Gold & Silver Price Analysis – FOMC-Spurred Key-reversals Weaken BackdropThis would be a very important threshold to hol...
20/12/2018

Gold & Silver Price Analysis – FOMC-Spurred Key-reversals Weaken Backdrop

This would be a very important threshold to hold if the trend off the August low is to maintain, otherwise another big leg lower could kick off. For now, caution is warranted given yesterday’s forceful turnabout, but so long as the Nov-curent channel is maintained there isn’t reason yet to turn aggressively bearish.

On the top-side, should we see a close above the high yesterday at 1258, then the upper parallel from November and summer time will come into play as resistance.

Home Builders Sentiment Falls, Second Largest Drop In HistoryForeign Markets, Fair Value and Volume:In Asia 11 out of 11...
19/12/2018

Home Builders Sentiment Falls, Second Largest Drop In History

Foreign Markets, Fair Value and Volume:
In Asia 11 out of 11 markets closed lower: Shanghai Comp -0.82%, Hang Seng -1.05%, Nikkei -1.82%
In Europe 9 out of 13 markets are trading lower: CAC -0.26%, DAX +0.28%, FTSE -0.53%
Fair Value: S&P +3.53, NASDAQ +23.85, Dow +16.60
Total Volume: 2.95mil ESH & 6,790 SPH traded in the pit.

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Gold Prices Little Changed as Traders Await Fed OutlookGold prices were flat on Wednesday in Asia as traders awaited cue...
19/12/2018

Gold Prices Little Changed as Traders Await Fed Outlook

Gold prices were flat on Wednesday in Asia as traders awaited cues on the rate hike paths of the U.S. Federal Reserve from its two-day policy meeting.

Gold Futures for February delivery last traded at $1,254.45 at 1:05 AM ET (06:05 GMT) on the Comex exchange, up 0.05%.

The Fed is likely to raise rates later in the day, but some expect the central bank to signal fewer rate hikes for 2019.

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USD/CAD easing back after taking run at 1.3500Although the US Dollar continues to see broad-market weakness, the CAD is ...
19/12/2018

USD/CAD easing back after taking run at 1.3500

Although the US Dollar continues to see broad-market weakness, the CAD is getting dragged by the nose down the charts by free-falling crude oil prices, and USD/CAD clipping into the 1.3500 major handle late on Tuesday. The pair is now trading back into 1.3450, but lack of buying interest in crude oil markets is seeing the Loonie slip even further against the greenback.

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Asia FX news wrap: USD/JPY back to 113.50USD/JPY traded higher today, back to test 113.50 (its just under there as I pos...
13/12/2018

Asia FX news wrap: USD/JPY back to 113.50

USD/JPY traded higher today, back to test 113.50 (its just under there as I post) on what appear to be positive stories on trade (China buying US soybeans) and perhaps also the vote for stability (of a sort) in the UK with PM May retaining her position. 'Risk' currencies, though, did little. For example, AUD/USD traded 15 or so points higher only, NZD up a touch also (more on the NZD below). EUR and GBP are net little changed.

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China's Hengli Petchem to test new oil refinery on December 15China's Hengli Petrochemical Group (SS:600346) will start ...
13/12/2018

China's Hengli Petchem to test new oil refinery on December 15

China's Hengli Petrochemical Group (SS:600346) will start test-running its new oil refinery in the northeastern city of Dalian on December 15, according to a company statement, slightly behind an earlier timeline of around the end of November.

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Stocks - Dow Posts Triple-Digital Gain on Signs of Trade ProgressThe Dow rallied, but closed well below its session high...
13/12/2018

Stocks - Dow Posts Triple-Digital Gain on Signs of Trade Progress

The Dow rallied, but closed well below its session highs Wednesday, even as positive news on U.S. and China trade raised hopes that both nations may be able to find a way to resolve their bitter dispute.

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EUR/USD is holding the near term up trend  - EUR/USD DecemberAfter unsuccessfully challenging the daily resistance, EUR/...
12/12/2018

EUR/USD is holding the near term up trend - EUR/USD December
After unsuccessfully challenging the daily resistance, EUR/USD is now about to cut through the weak support on the daily.
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Gold Stock Bulls Gore The BearsHeavyweight analysts at JP Morgan, Goldman, Wells Fargo, and other big banks are bullish ...
12/12/2018

Gold Stock Bulls Gore The Bears

Heavyweight analysts at JP Morgan, Goldman, Wells Fargo, and other big banks are bullish on gold now, but many amateur analysts and investors are worried (with some sounding outright terrified) that gold is going lower.

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DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lowsJeffrey Gundlach, chief executive of DoubleLine ...
12/12/2018

DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lows

Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.

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USD/CAD losses 1.3400 on fewer dollar's demandThe USD/CAD pair lost the 1.3400 level as the greenback is out of the mark...
11/12/2018

USD/CAD losses 1.3400 on fewer dollar's demand

The USD/CAD pair lost the 1.3400 level as the greenback is out of the market's favor, while the Canadian currency is getting support from higher oil and gold prices, also from the nice comeback of worldwide equities
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Pound US Dollar Exchange Rate Forecast: GBP/USD Rallies as Strong UK Wage Growth Offsets Brexit Woesstart trade at : htt...
11/12/2018

Pound US Dollar Exchange Rate Forecast: GBP/USD Rallies as Strong UK Wage Growth Offsets Brexit Woes

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