Tag Archives: Gold

Gold Technical Analysis

Gold managed the first close below the 200-DMA last week since the sharp move higher mid-June with

German factory orders are expected to rebound in June after a decline of 1.7% m/min May.

EUR/USD is bouncing within its underlyingdowntrend. Monitor the hourly resistance at1.3444 (28/07/2014 high).

Gold managed the first close below the 200-DMA last week since the sharp move higher mid-June with

Euro retail sales are expected to have increased 0.5% m/m in June. Consumerconfidence,

EUR/USD is bouncing within its underlyingdowntrend. Hourly resistances can be found at1.3444 (28/07/2014 high) and

Following plenty of releases last week, we are heading for a quieter week on theglobal agenda.

U.S. Review Growth Returns to a Solid Footing • The economy expanded at a 4 percent pace in the second quarter of the year,

• Bearish position building in EUR and JPY dominated the shifts in investor sentiment this week,

EUR/USD is in an underlying downtrend.However, the last two days have displayed largelower shadows,

The move lower continued Thursday with the close below the 200-DMA ($1285.1) the first since the sharp break above in late June.

The US employment report and ISM manufacturing will wrap up a busy week.