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The EUR/USD pair broke higher during the course of the week, but still remains stuck in the consolidation area we have been in for several weeks now. It is not until we get above the 1.37 level of that we feel comfortable buying this market on more of a longer-term move. A break down below the 1...
Weekly Trends
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Sergey Golubev, 30 June 2014, 07:00 #technical analysis
Kitco News readers and some analysts expect gold prices to push higher through the second half of the year, building on its recent momentum. With the second half of 2014 starting Tuesday, Kitco News queried readers and analysts this week about their year-end price forecast...
Weekly Trends
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Sergey Golubev, 30 June 2014, 07:00 #comex, gold
The Nikkei fell during the course of the week, but found the ¥15,000 level to be supportive. It appears that the market is trying to grind its way higher, but there is a significant amount resistance just above, so this could be a market that has to fight a little bit to get to where wants to go...
Weekly Trends
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Sergey Golubev, 30 June 2014, 04:00 #Nikkei
Fundamental Forecast for Dollar: Neutral Nonfarm Payrolls are one of the most market-moving US releases, but what does that mean for a market not moving...
Weekly Trends
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Sergey Golubev, 30 June 2014, 04:00 #dollar index
The euro moved higher against the broadly weaker dollar on Friday as concerns over the outlook for U.S. economic growth continued to weigh, despite a report showing that U.S. consumer sentiment improved this month. EUR/USD ended Friday’s session at 1.3649, up 0.28%. For the week, the pair added 0...
Weekly Trends
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Sergey Golubev, 29 June 2014, 23:55 #fundamental analysis
The light sweet crude market initially gapped higher at the open of the week, but old backwards and fell down to the $105 level...
Weekly Trends
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Sergey Golubev, 29 June 2014, 22:01 #Brent
The Parisian index fell hard during the course of the week, testing the region just above the €4400 support level. This area is significant because it is not only a round number, but it is an area that has been both supportive and resistive previously...
Weekly Trends
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Sergey Golubev, 28 June 2014, 19:09
EURUSD and USDCHF divergence GBPUSD momentum considerations USDJPY tests important support “Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. 1.3750 is an important reference point (year open...
Weekly Trends
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Sergey Golubev, 27 June 2014, 22:03 #usdchf, nzdusd