Gold Technicals – Next Bearish Leg Starting

Posted by Mingze Jun 27, 2013 Share 0

Hourly Chart Gold prices recovered more than 20 USD per oz from peak to trough during Asian t...

Nikkei 225 – Bullish Breakout Seen above 13,260

Posted by Mingze Jun 27, 2013 Share 0

Hourly Chart Nikkei 225 continues to be highly volatile, swinging wildly both higher and and ...

EUR/USD Technicals – 1.305 short-term resistance versus 1.30 long-term support

Posted by Mingze Jun 27, 2013 Share 0

The EUR pushed lower yesterday, breaking the previous 1.306 swing low and extended the bearish move ...

Gold On The Move – New 2013 Lows Reached

Posted by Mingze Jun 26, 2013 Share 0

Weekly Chart Gold bears are on the move again. Price has successfully broken below the 1,265 ...

Nikkei 225: Highly Volatile Around 13,000

Posted by Mingze Jun 26, 2013 Share 0

Nikkei 225 continued to swing wildly above and under the key 13,000 figure. Today is no exception, w...

EUR/USD Technicals – 1.315 and 38.2% Fib Remains

Posted by Mingze Jun 26, 2013 Share 0

Despite the PBOC announcement which drove up risk appetite during late Asian afternoon/Early Europea...

US10Y – 128.0 Key for Bulls

Posted by Mingze Jun 25, 2013 Share 0

Yields have climbed sharply after Fed announced that there IS an ending in mind for the supposed QE ...

AUD/USD Technicals – Slightly Higher after Shanghai Noon

Posted by Mingze Jun 25, 2013 Share 0

AUD/USD traded higher overnight during US hours on the back of a weaker USD. Price traded lower duri...

Gold Technicals – Steady above 1,275

Posted by Mingze Jun 25, 2013 Share 0

Gold prices fell during Asian trading today, but failed to extend last Friday's low, but instead bou...

EUR/USD Technicals – Holding just below the 38.2% Fib

Posted by Mingze Jun 24, 2013 Share 0

Despite closing below the 38.2% Fib last Friday, we have not seen bears fully taking flight yesterda...

US Market Roundup – Bears holding strong, Futures flat during Asian hours

Posted by Mingze Jun 24, 2013 Share 0

US stock market traded lower yesterday with S&P 500 coming down at 1.21% and Dow 30 doing slight...

Nikkei 225 Technicals – Bears reign early week

Posted by Mingze Jun 24, 2013 Share 0

Nikkei 225 gaped higher on open this morning on the back of stronger US stocks close on Friday. Howe...

AUD/USD Technicals – Stable between 0.92 – 0.925

Posted by Mingze Jun 24, 2013 Share 0

AUD/USD suffered further sell-off on Thursday, reaching a low of around 0.916. Since then, price has...

USD/JPY Technicals – Testing 98.5

Posted by Mingze Jun 24, 2013 Share 0

The strengthening of USD last week after Bernanke's QE Tapering talks was a huge boost to the slumpi...

EUR/USD Technicals – Finding Support on 1.32

Posted by Mingze Jun 21, 2013 Share 0

The decline in EUR/USD yesterday was more gradual as compared to the immediate impact after Bernanke...

Gold Technicals – 2011 Lows broken, 1,250 eyed

Posted by Mingze Jun 21, 2013 Share 0

USD continue to rally strongly after Wednesday's Fed disappointment, sending commodities lower acros...

US Market Round Up – Fed’s Nightmare Continues

Posted by Mingze Jun 20, 2013 Share 0

US stocks tanked with S&P 500 falling 2.5%, the worst drop since 2011. Dow Jones Industrial isn'...

Gold Technicals – New 2013 Low Reached, Bearish Breakout Extended

Posted by Mingze Jun 20, 2013 Share 0

Weekly Chart Gold prices took a dip yesterday due to the surprise Bernanke's QE3 ending timel...

USD/INR – USD strength bring new woes to RBI

Posted by Mingze Jun 20, 2013 Share 0

If there's someone that Reserve Bank of India Governor Subbarao want to murder right now, it must be...

EUR/USD Technicals – Trading below 1.328 support as bears take hold

Posted by Mingze Jun 20, 2013 Share 0

USD strengthened significantly following Ben Bernanke's surprise QE timeline revelation. Based on wh...