Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)

Forex Special Spot GoldSPOT GOLD  closed @ 11685 which was ABOVE the open and breached the previous day's high. The High was 1.5 Dollars from Precise Trader's Res Zone 1 and the Low was 0.5 Dollars...

Financial Trend Analysis Strategy: Short USD/JPY

Forex Special The trading strategies are based exclusively on technical analysis and are short term with a maximum time horizon of 3 to 5 days.The philosophy behind the Today's Trading Signals (TTS) is...

Asian markets drop on weak Japanese data; Yen favoured

Forex Special Asian markets have gone through losses on Friday's session after a string of dull macroeconomic figures in Japan, which have outweighed strong corporate earnings. In Forex markets, the...

EU Unemployment Rate unchanged at 10% in June

Forex Special The unemployment rate in the European Union had no variations in June, after the Eurostat released a 10% jobless rate, identical to the previous reading in May. Analysts had previously predicted no changes in the rate, confirming an extra-push is needed after the holiday period, as the...

GBP still holding below this uptrend line we have been following

Forex Special GBP/USDGBP still holding below this uptrend line we have been following, and as you can see from the above chart, we are desperately overbought. 60min charts are neutral, but do feel that...

ForexLive Asian market wrap: RBNZ raises rates

Forex Special The RBNZ raised interest rates by 25 bps to 3.00% but the subsequently slightly dovish statement saw the NZD fall immediately Japan's June retail sales +3.2% YoY Governor Schwarznegger declares...

Asian shares tracking Wall Street lower

Forex Special - Equities over the Asian session are mostly lower Thursday, tracking losses on Wall Street due to soft economic fundamentals. Market sentiment plummeted over New York as durable goods and the Fed’s Beige Book release brought signs of a slow recovery, bringing recession fears back...

The Asia/Pacific stock markets are down

Forex Special The foreign currencies futures consolidated as usual in the Far East amid declining appetite for risk. Most of the European and commodity currencies had ended down, as I expected, while...