The metal is presently hovering around the lower line of Keltner channel as we anticipated this morning, but it is clear that stability was achieved below the lower line of rising wedge pattern and ...
EUR/USD: The French President, Sarkozy flew to Germany yesterday to meet with the German Chancellor, Merkel yesterday. The two European leaders met to discuss the euro zone debt crisis; however, after...
U.S. Dollar Trading (USD) more mixed trading at highs overnight with stocks doing well in the European session but reversing later in the US session with concerns that France and Germany were at ...
GOLD Support: - 1621.22(main). Break of the latter will give 1609.80, where a correction is possible. Then 1597.50, where a correction is also possible. Be there a strong impulse, we would see ...
Key support at $26.0700.Silver’s latest price capitulation is a painful reminder to the investment community that lightning can strike twice. Note, this marks the second time silver has crashed,...
Risk of a larger decline beneath $1600.Gold remains bearish after its dramatic 20% price fall, which helped confirm the extreme overbought conditions (marked by DeMark™ indicators). This also ...
Gold tried to stabilize below the initial mathematical support –pivot of Camarilla lines- around 1653.00 and currently trading below the previous breached support line of the rising wedge ...
British Inflation Suggests Stronger PoundWith yesterday's inflationary data out of Britain, it seems the pessimism in Europe isn't trickling across the English Channel, at least for now. Holiday ...
EUR/USD: Disappointing German ZEW Sentiment data released yesterday set the euro off on a 135 pip loss. It opened at 1.3734, initially rose to 1.3787 before dropping down to 1.3652. Following the ...
GOLD Support: - 1654.76, 1642.50 and 1621.22(main). Break of the latter will give 1609.80, where a correction is possible. Then 1597.50, where a correction is also possible. Be there a strong impulse,...