Tag Archives: Gold

FX Daily

Developments in the Ukraine crisis remain the main market mover and it seemsno news is good news,

Gold is starting to look comfortable below the 21-DMA ($1301.2) as it dips back

EUR/USD is weakening and is nowapproaching its support at 1.3333. A strongsupport stands at 1.3296 (07/11/2013 low).

The situation in Ukraine continues to be the main focus of the markets.

Gold is starting to look comfortable below the 21-DMA ($1301.9) with another dip towards the triangle base Monday.

EUR/USD continues to hold above its recentlow at 1.3333 but rallies have thus far beenunimpressive.

Main focus will continue to be the situation in the Ukraine crisis.

Friday’s choppy price action saw the pair dip back towards the base of the triangle on the daily chart.

U.S. Review An Uneven Recovery will Keep the Fed on Hold • Retail sales came in unchanged in July, which was below consensus expectations and

• Traders are bullish the USD but this week the data highlights several interesting shifts that provide a warning of changing sentiment.

EUR/USD continues to hold at the lows butrallies have lost any bullish momentum. Theproximity of the key support at 1.3296,

Focus continues to be on the geo-political development in Ukraine,