Tag Archives: Gold

Daily Technical Report

EUR/USD is trying to bounce near the key support at 1.1877 (07/06/2010 low).

US ISM non-manufacturing is expected to surprise on the downside today

The lack of follow through on Friday’s dip below $1170.0 has now

EUR/USD continues to decline. The strong support at 1.2043 has been broken and

German CPI for December will be released today and we expect it to fall to 0.3% y/y from

Whippy volatile trading continues for gold with the lack of follow through after

Bears have regained the upper hand as a result of the lack of follow

On December 31st the Dow Jones Index of shares dropped 0.9 percent and the Standard & Poor’s Index fell 1 percent.

The recent hesitation ahead of the $1170.8 support resulted in a spike higher

Euro-area money supply and bank lending data are published.

The $1203.4 resistance level confirmed its significance Monday with gold

There is little economic data published today.