Euro Holds Gains- Will ECB Hint At Tightening ?
A relatively muted session in FX markets overnight with cable underperforming the rest of the high beta FX as weak UK housing data weighs on the unit. UK Nationwide survey showed a much larger than expected decline in prices of -0.9% versus -0.3
GOLD: Biased To The Upside For A Run At 1,265.05.
GOLD: After rallying strongly higher on Tuesday, the commodity is now looking forward to recapturing its YTD high at 1,265.05 despite its price hesitation in today’s trading session.
CAN THE MARKETS CRASH?
In a word, not a chance in hell.Folks we’ve had three real crashes in the last 100 years. The odds of a 4th crash following right on the heels of the 3rd is minuscule.
Chart Presentation: Equities vs. Bonds
How much is enough? How far does the bond market have to rise before this rally comes to an end? In general trends tend to run from quarter to quarter so the most logical point to look for something different would be early in October. However… w
AUDUSD: Bull Pressure Set For More Gains.
AUDUSD: With a reversal of its Monday losses occurring today, further upside threats are now building up towards the 0.9078 level and beyond.
EUR USD Has the Buyers Sentiment
EUR USD has the buyers sentiment after negative U.S economic numbers. Intraday bias remains on the downside, as long as the 1.2920 resistance line is not broken. On the upside, if the 1.2920 resistance line is broken it will boost the bullish mom
Eur/Usd Targeting 1.2850
Euro moved higher in the first part of the European session today, and broke through an important 1.2777 level
Forex Daily Outlook – September 1
U.S. DAP Employment Report, ISM Manufacturing Index and Australian GDP are at the top of our market moving events for today. Here is an outlook on the economic activities awaiting us.
Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
SPOT GOLD closed @ 12480 which was ABOVE the open and breached the previous day's high. The High was PRECISELY at Precise Trader's Res Zone 5 (U Turn Zone) and the Low was PRECISELY at Precise Trader's Sup Tgt 1. The Hourly Oscillators are Bul
Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
EURJPY closed @ 10675 which was BELOW the open and breached the previous day's low. The High was 5 pips from Precise Trader's Hrly Level and the Low was 5 pips from Precise Trader's Sup Tgt 1. The Hourly Oscillators are Turning Bullish and the
Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)
USDCHF closed @ 10150 which was BELOW the open and breached the previous day's low. The High was 25 pips from Precise Trader's Res Zone 1 and the Low was PRECISELY at Precise Trader's Sup Zone 5 (U Turn Zone). The Hourly Oscillators are Bearish
Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
EURUSD closed @ 12680 which was ABOVE the open and was within prior day's trading range. The High was 15 pips from Precise Trader's Hrly Level and the Low was 10 pips from Precise Trader's Sup Tgt 1. The Hourly Oscillators are Bullish but Weak


