EURUSD Forecast July 16, 2014, Technical Analysis
The EURUSD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks.
ETF
Where gold goes – silver follows!
The plunge in gold prices yesterday, rocked the markets with the precious metal shedding over $30 per ounce in the futures market as the big operators finally triggered the move in a classic pump and dump operation.
AUDUSD Forecast July 15, 2014, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range.
EURUSD Forecast July 15, 2014, Technical Analysis
The EURUSD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star.
BRICS Seeks New Paths to Develop
President Xi Jinping is preparing to attend the BRICS summit as the group is generating new initiatives amid slowing economic growth, observers said.
AUDUSD Daily Analysis – July 14, 2014
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 is likely correction of the downtrend.
EURUSD Daily Analysis – July 14, 2014
EURUSD is facing 1.3575 support, a breakdown below this level
Anatomy of a trade – trade what you see, not what you think!
Yesterday the YM E-mini index future delivered a masterclass in trading what you see, and not what you think. Trading with an opinion is one of the most destructive approaches to the market – just ask the euro bears who have been shorting the single currency for years. All to no avail.
AUDUSD Forecast July 10, 2014, Technical Analysis
The AUDUSD pair went back and forth on the session for Wednesday, ultimately settling for a basically unchanged session.
GBPUSD Forecast July 10, 2014, Technical Analysis
The GBPUSD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and as a result we feel that the buyers are certainly still in control even though the market has struggled to take off at this point.