Tag Archives: Gold
FX G10 and EM Morning Trader Views
G10 EUR – Still playing the 1.2450/1.2600 range – some good rm and model buying yest took us back above 1.25 while some decent lev selling capped us at 1.2560-80 area – support is still 1.2530 then 1.2450 – topside resistance is 1.2590 (fibo) then 1.2600 (100 day m.a) – currently short against the recent […]
Gold Analysis
Spot gold prices are trading marginally higher Wednesday after posting some slim gains during the previous session.
FX Market Analysis
GBP: Opened early Europe at $1.5786, stg0.7909, GBP closed in NY at $1.5788, after pulling back from an intraday high of $1.5829 (NY high $1.5817) in a quiet, London holiday session.
Gold Analysis
Spot gold prices are trading lower Tuesday, extending their losses posted from the previous session.
Gold Analysis
Spot gold prices are trading marginally lower Friday after posting highs of around $1675 a troy ounce during the previous session.
FX Market Analysis
EUR: Opened early Europe at $1.2540, Euro-dollar closed in NY at $1.2529 after rate had been driven to extended recovery highs of $1.2539, from earlier session lows of $1.2431, following the release of dovish FOMC Minutes.
Gold Analysis
Spot gold prices are trading higher Thursday, extending their gains from the previous session. FOMC minutes released last night for the July/August meeting showed that many members believed that more monetary accommodation would be required unless the recovery picks up.
Gold Analysis
Spot gold prices are trading marginally higher Wednesday as the market looks to consolidate its gains after clearing a heavy resistance band during the previous session.
Gold Analysis
Spot gold prices are trading marginally higher Tuesday as ongoing expectations for further monetary easing from the US Federal Reserve and other central banks continue to underpin prices
Gold Analysis
Spot gold prices are now trading in marginal negative territory Monday in what has been an uneventful session so far. Gold prices pared back from intra-day highs of $1620.05 before the opening of the European cash equity markets and have spent most of the morning grinding their way back to unchanged levels.
Gold Analysis
Spot gold prices are trading moderately higher Monday after ending the previous session relatively unchanged at $1616.40 a troy ounce.
Gold Analysis
Spot gold prices are trading around unchanged levels Friday consolidating in a tight range after yesterday’s gains.