Wednesday Market Analysis 3 May 2016

Wednesday Market Analysis 3 May 2016

US Dollar trying to make its way back. Profit taking on Yen longs from leveraged and momentum names and a Japan holiday, has contributed to this latest bounce in the major pair from 8 month lows. But dealers cite plenty of offers into this rally, with last week’s BOJ...
Gold analysis for June 30, 2015

Gold analysis for June 30, 2015

Overview: Gold has been trading sideways around $1,175.00. We can observe a gap zone between the levels of $1,175.00 and $1,181.00. Our gap zone is broken since the price has tested the level of $1,171.00. I am waiting for stronger price actions and a larger volume....
Gold analysis for June 25, 2015

Gold analysis for June 25, 2015

Overview: Gold has been trading sideways around $1,174.00. In the daily time frame, we can observe a neutral bar (doji) in a volume below the average. Selling looks risky at this stage, because we got major support around $1,168.88 – $1,162.00. We can observe an...

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