Gold & Silver Update

Gold testing $1200 Gold futures continued their rally as noted in our previous weekly analysis report. Price gained close to 1.4% since the start of the week after last week's candlestick closed in a bullish engulfing pattern. We had… Read More

Dow Jones 2015-03-25

Dow Jones: 17964 Equity on a bigger consolidation pattern - with upward slope On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. short-run… Read More

Gold 2015-03-25

GOLD 1191 Retracing the recent drop As shown on the H4 chart the market is rising on a channel to pullback the recent drop ; Market has broken the declining channel which is expected to pullback some of its loses at the levels of… Read More

Oil (F) 2015-03-25

Oil (5K) 47.43 Oil To continue its down trend after breaking its previous trading range Market now in a consolidation pattern ( ascending triangle - which means after the break of the 46.30 levels and the big drop the market… Read More

USDJPY 2015-03-25

USD/JPY: 119.40 Japanese Yen on uptrend wave - Buy in Dip Market now on the testing phase on the symmetrical triangle on the daily chart as shown . The market after retested the previous high of 121s levels back again to re-test… Read More

GBPUSD 2015-03-25

GBP/USD: 1.4933 Pound would be traded in a bigger range market ( Wide and in rectangular shape ) As shown on the chart , market has successfully broke the declining channel , but , did not succeed to continue the up breakout and… Read More

Forex Afternoon Wrap 24th March

Key Notes: Japan flash manufacturing PMI 50.4 vs. 52.1 China HSBC flash manufacturing PMI 49.2 vs. 50.5 French flash manufacturing PMI 48.2 vs. 48.9 French flash services PMI 52.8 vs. 53.1 German flash manufacturing PMI 52.4 vs.… Read More

Dow Jones 2015-03-24

Dow Jones: 18069 Equity on a bigger consolidation pattern - with upward slope On the longer-term as long as market trading higher than 17,000 us dollar for the index ;then it is an buy opportunity to target $20,000. short-run… Read More

Gold 2015-03-24

GOLD 1194 Retracing the recent drop As shown on the H4 chart the market is rising on a channel to pullback the recent drop ; Market has broken the declining channel which is expected to pullback some of its loses at the levels of… Read More