MCX Gold Tips Trend Live for Today
MCX Gold is trading in a down trend at the market and is advised to Sell for today's session. The gold is going to find support near 27200 levels.
AUDUSD closes above key resistance
AUDUSD closes above key resistance
Daily Chart Art - February 3, 2012
Looking to catch some pips before this week comes to a close? Check out these setups I spotted on EUR/USD, EUR/JPY, and EUR/GBP!
Mixed Reactions in the US Dollar to the Non-Farm Payroll
Anytime we get above forecast and above 200K employment change and decline in unemployment, we get welcoming sign for the US economy. Risk appetite usually leads to pressure for the USD. Indeed we saw that against the commodity currencies like US
Binary Options Daily Analysis – Asia and Europe Rally, US En
Following the West’s lead on Wednesday, Asian markets rallied on Thursday. The Nikkei gained .8% to 8877, as financial stocks led the gains. Sharp tumbled 16% to a 31-year low after warning of a record loss for the upcoming year. The Kospi climbe
Gold and Silver Continued to Trade Up –Recap February 2
Gold and silver prices continued their rally as they have finished yesterday’s trading rising. Crude oil (WTI) continued its downward trend while Brent oil rose; the gap between the two has risen to its highest level since November 9th 2011.
Crude Oil Fundamental Analysis February 3, 2012, Forecast
Crude Oil is currently trading at 96.49 down 1.21 and falling.The Black Gold fell on Greek mixed messages adding to default fears.
Jean Claude Juncker stated talks with private creditors on the Greek debt restructuring plan have proven
Natural Gas Forecast February 3, 2012, Technical Analysis
Natural gas markets got a nice bounce in the marketplace during the Thursday session as traders started a short covering rally. The main driver was US supply shrinking more than expected during the announcement. However, the historical average is
Gold Forecast February 3, 2012, Technical Analysis
Gold continued its rise on Thursday as traders pile back into the one trade that has been extraordinarily reliable over the last eleven years. The gold markets have been very bullish in that time period, with the exception of a couple of large pu
UK services PMI set to expand in Jan
Greece is going in reverse regarding its debt agreement, while BoE executive Adam Posen said he expects QE3 next week.
OpenBook traders pay attention to Japan’s Azumi
Japanese Finance Minister Jun Azumi warned markets today over the strengthening of the Yen as the USDJPY trades dangerously near 76.00. Azumi said that the current environment of low interest rates in the U.S. is pushing speculators to short the
Gold & Silver – Daily Outlook February 3
Gold and silver prices continued their upward trend of recent weeks as they have slightly advanced again during yesterday’s trading. This rally might change direction, depending on the upcoming results of the U.S. payroll report, which will be pu


