Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe EUR/USD pair had a negative week over the last five sessions, but did find the 1.38 level as supportive. Because of this, it feels of the market is going to possibly drop from here, but not very much. With that, we feel that the […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereDaily EUR/USD Technical AnalysisDaily EUR/USDThe EUR/USD is under pressure at the mid-session. The market is in a position to take out the last main bottom at 1.3704. A trade through this level will turn the main trend to down on the daily chart.There are several […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereLook for the June E-mini NASDAQ-100 futures contract to open higher this morning based on the overnight trade. Volume is down because of Friday’s U.S. Non-Farm Payrolls report. This could spill over into today’s session, causing wicked swings. Traders should be careful about trading breakouts […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereJune Comex Gold futures are trading lower. Traders failed to follow-through to the upside after Wednesday strong rally. This is a sign that buyers are still shying away from the long side. If there is a rally, it is likely to be driven by short-covering.The […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereGold markets tried to rally during the session on Tuesday, but found enough resistance at the $1320 level to turn things back around and form a shooting star. We had suggested yesterday that the breaking of that level to the downside by the market was […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe gold markets fell during the bulk of the week, but found a little bit of support on Friday. Quite frankly, we do not see this on the weekly chart, but there was a significant amount of support showing on Thursday and Friday. Because of […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereWorries about the standoff between Ukraine and Russia continued to drive April Comex Gold futures higher overnight. The market briefly crossed the October 2013 top at $1361.10 before meeting selling pressure. The next move through this level is going to have to stick or it […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe gold markets rose during the session on Thursday, gaining roughly $10. The market continues to test the $1350 level, but we believe that the resistance goes all the way to the $1360 level. With that, we would suggest that breaking above that level is […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe silver markets went back and forth during the session on Thursday, using the $21 level as support. However, we found the $21.50 level far too resistive, so we continue to simply grind sideways overall. At the end of the day, we were essentially unchanged, […]
Facebook today announced that it will acquire WhatsApp for a combined $16 billion in cash and stock. WhatsApp’s employees pick up an additional $3 billion in restricted stock units as part of the deal.Wall Street investors are seemingly not pleased and have sent Facebook’s shares down 5 percent in after hours trading. They could be worried about potential dilution stemming from the […]
