Register Register

Chinese (Simplified)

August 3, 2020

U.S. ISM Manufacturing PMI Data

U.S. ISM Manufacturing PMI Data
Today U.S. is going to release ISM manufacturing PMI data at 1400 GMT/0730 IST. Here a survey of about 300 purchasing managers ask respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories. If the actual data comes greater than forecasted then it is good for U.S. dollar. In addition above 50.0 indicates industry expansion, below indicates contraction. This time market has expected positive reading (53.6) of ISM manufacturing PMI data than 52.6 previous release.
Let’s see how gold has reacted during the past data release:
July 01

June 01

Technical View:
XAU/USD (GOLD): Gold touched fresh record high $1,986 mark in opening hours. Today pair made intraday high at $1,986 and low at $1,960 mark. A sustained close above $1,975 requires for the upside rally. Alternatively, reversal from key resistance will take the parity down towards key supports around $1,956, $1,947, $1,942, $1,931, $1,912, $1,907, $1,881 and $1,862 mark respectively. Key resistances are seen at $1,986, $1,994, $1,999, $2,005, $2,013 and $2,027 mark respectively.
Take a look and do trade wisely!
Good Luck

TP Global FX Research Team

With a decade of Forex Market insight, TP Global FX Research Team delivers you the Market Insight that boosts your Trading Skills

Registered office:

No. 9 Cassius Webster Building, Grace Complex, PO Box 1330,
The Valley, Al-2640 Anguilla

Physical Offices

1001 Crystal Tower, Business Bay, Dubai, UAE
Contact Number : +97144508205

Mail us

Drop mail at: support@tpglobalfx.com

Contact us

Call or Whatsapp +44 7441 416320

Sales Queries

Drop mail at: sales@tpglobalfx.com

Offices

Vanuatu office:
Law Partners House, Kumul Highway, PortVila, Vanuatu

Offices

Head office:
1810, 1811, Prime Tower,
Business Bay, Dubai, UAE

Instrument

Platforms & Tools

Partnership

Company

Others

© 2022 TP Global. All right reserved.

Baybahis Hititbet 1win Elitbahis Matadorbet

Privacy Policy | Terms & Conditions |Product Statement | Client Agreement | AML/KYC | Refund Policy

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. This site is run and operated by – TP Global Services Limited. Registered by Anguilla with a registered address : No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, Al-2640 Anguilla.

Restricted Regions: TP Global Services Limited does not provide services for citizens/residents of the United States, Canada, Cuba, Iraq, Myanmar, North Korea, Sudan.

Risk Warning: Forex and Contracts for Difference (CFDs) are leveraged products. Trading in these products is highly speculative and involves substantial risk. Please note that even knowledgeable and well-experienced investors can experience large potential losses as a result of trading in Forex and CFDs. Consequently, investors should be fully aware of all the risks involved when trading Forex and CFDs and accept all the negative consequences associated with such trading. Please always remember that trading in Forex and CFDs might not be suitable for all investors. It is desirable investors who would consider trading, to do so only with money that they can afford to lose. You are also recommended to seek independent financial advice if necessary. The content on this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. This site is run and operated by – TP Global Services Limited registered by St. Vincent and the Grenadines with Number 25274 BC 2019. Registered office: Suite 305, Griffith Corporate Centre, Beachmont, P.O.Box 1510, Kingstown Saint Vincent and the Grenadines.

TP GLOBAL FX is monitored by VFSC Vanuatu with registration number 40409 and located at Law Partners House, Kumul Highway, PortVila, Vanuatu.

TP Global Fx Africa Limited is incorporated in Federal Republic of Nigeria under the Companies and Allied matters Act 1990 with registration number RC 1674202. The objects of the company are all subject matters not forbidden by Companies and Allied Matters Act 1990. To provide Electronic Platform through which clients can choose currencies, commodities, indexes, CFDs and other leveraged financial instruments to trade.