Who Has the Power to Push Gold? Bears or Bulls?
The spot price of gold (GLD, quote) remain basically flat in the pre-market session as it continues to trade near its 2 ½ week high.
ETF
GBPUSD Daily Analysis – May 6, 2014
GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.6465 (Mar 24 low), and the fall from 1.6918 is likely consolidation of the uptrend.
AUDUSD Daily Analysis – May 6, 2014
AUDUSD broke above the upper line of the price channel on 4-hour chart.
EURUSD Daily Analysis – May 5, 2014
EURUSD is now in uptrend from 1.3775.
Ahead of the Open
As we begin the first full week of trading for May one has to wonder if the old saying will hold true…”Sell and Go Away In May”.
GBPUSD Daily Analysis – May 5, 2014
GBPUSD remains in uptrend from 1.6465, the fall from 1.6918 could be treated as consolidation of the uptrend.
USDJPY Daily Analysis – May 5, 2014
USDJPY breaks below 101.96 support, indicating that the upward movement from 101.32 had completed at 103.02 already.
AUDUSD Daily Analysis – May 5, 2014
AUDUSD remains in downtrend from 0.9461, the rise from 0.9202 is likely consolidation of the downtrend.
Trade Alert – New Position
Option Alert Service Signal New Trade Suggestion
Brent Poised To Post Largest Weekly Loss In Four
Brent crude oil (BNO, quote) looked poised to end the week with its largest weekly decline in four months.