Tag Archives: Gold
Daily Technical Report
EUR/USD is in an underlying downtrend.However, monitor the support at 1.3367 impliedby yesterday’s intraday bullish reversal (hammerformation).
FX Daily
We expect euro flash CPI for July to reach a new cycle low at 0.4% y/y (consensus0.5% y/y) down from 0.5% y/y in June.
Gold Technical Analysis
The correction from Tuesday’s 21-DMA failure continued for gold Wednesday as it starts to look a little heavy.
Daily Technical Report
EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and
Gold Technical Analysis
Tuesday’s rally fell short of the 21-DMA before correcting lower and closing the day back below the 100-DMA
FX Daily
Main event will be the FOMC statement tonight (no press conference or newprojections at this meeting).
Daily Technical Report
EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and
Gold Technical Analysis
Following on from the 200-DMA bounce last week gold managed a brief dip below the 100-DMA
FX Daily
Main event today will be a meeting between EU ambassadors aiming to close a dealon so-called phase 3 sanctions against
Daily Technical Report
EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and 1.3477(03/02/2014 low), confirming an underlyingdowntrend.
Gold Technical Analysis
Spot gold recovered some lost ground to end last week with it having bounced from just short of the 200-DMA.