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EUR/USD 29/02 After LTRO
30It seems like the market has not reacted too much to LTRO which has determined EUR 529.50 financing. We are still around 1.3460′s. It seems like the market has the
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16/02 Still Downside
30After our last comment on monday, downside move started from 1.3284 till today’s lowest 1.2993. Below 1.3080, targets are 1.2970, 1.2917, and 1.2870 respectively as intraday levels. For things to
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EURUSD Heading to 1.3350′s
30After Bernanke’s testimony and the rumors about positive outcome from Greece negotiations, the pair broke 1.3220, heading to 1.3285′s. 1.3240-1.3350 is my sell zone for medium term. The upside move
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EUR/USD As Expected
30At the beginning of the week, we were expecting the upside move to continue till 1.3150-1.3220 range above 1.3080. After FOMC Meeting, it happened just like we have expected. Now,
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25/01 Important Calendar
30Today, ECB’s and FOMC’s press meetings will be very important. I expect very high volatility as we are already in critical levels. 1.3085, 1.3150 and 1.3220 are crucial resistance levels.
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19.01 EUR/USD and Gold
30I want to share my opinions and possibilities for the following 5-6 days without giving the details of my analysis. In EUR/USD, I expect a downside move till 1.2710 starting
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XAU/USD End of The Road?
30We have finally seen USD 1.650′s for gold. It seems like the upward move is coming closer to an end as EUR/USD is also having hard times to pass 1.2900.
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Are You Ready for Gold Trading above $2500 an Ounce? The Time is Here
30Nervous investors are stock piling gold like there is no tomorrow. That includes Central Bankers from Korea to Kazakhstan who are building up gold reserves. We see gold trading above
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AUD/USD and Gold correlation falls apart
30AUD/USD and Gold prices have been moving in correlation for the last decade or so. Australia is the second largest producer of Gold (after China) in the world. According to
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3 Reasons Why Gold Is Higher
30Gold is continuing its massive run higher today – setting another record at $1,829.70 a troy ounce. This now makes the investment return on the precious metal a healthy 26%
