Comex Silver (SI)
Silver’s sidewya trading from 13.595 is still in progress and with 4 hours MACD crossed above signal line, intraday outlook is turned neutral for the moment. Focus remains on 13.63 support. Sustained trading below 13.63 will argue that whole rise from 11.725 has completed and probably is that from 8.4. Focus will turn [...]
EURUSD ex-resistance line at 1.3997 was broken and positive trend has started, for now to break this trend, bears needs to push prices at least to the 1.3990 price level. At current situation bulls taking the lead and buying options can be considered.
EURUSD Trend Support Resistance
Long Term Positive 1.3843 1.3997
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 to take low risk, high return positions with tight stops. That means Financial Trend Analysis (FTA) focus the most on placing the right stops.
Every [...]
Luxury-home prices in London climbed in the second quarter for the first time since the market’s collapse started in September 2007 as buyers competed for a smaller number of prime properties for sale, Savills Plc said.
Houses and apartments worth more than 1 million pounds ($1.7 million) in the most expensive districts of central London increased [...]
This pair has retreated very little from the highs made earlier this month. The commodity/inflation story has been told so many times it is becoming a fable. Commodity prices, however, are faltering. This morning we have backed off to about .63, where the pair might find some support. Have no opinion what to do.
Bias: Neutral [...]
International political turmoil combined with lower commodities and equities has caused the AUD to take a dive this morning. The macro commodity currency story has been on the best seller list for quite a while. In the futures markets the spec has acquired a massive 45,400 of long contracts. Should some of these longs exit [...]
All the potential inputs to the the Loonie seem to have turned negative at once. After the experts began touting the bull side of the crude market, that market turned south and is now trading under $67, gold like most commodities is lower, and equities are selling off. A report this morning did show that [...]
The SNB will keep rates unchanged and intervene if necessary to keep the franc from appreciating. If the intervention threat is real why not try the buy side of the dollar on weakness, down into the 1.0750/1.08 area. The SNB also says they will buy Swiss bonds thereby increasing the money supply and devaluing the [...]
The yen has gained a bit on the dollar this morning selling off a little under 95.75. Turbulent political conditions in N. Korea and Iran, combined with weaker equities has caused some yen demand. The pair has sold down into some support, and a level where we are inclined to own. Will the higher rates [...]
Great news for FOREX traders. In a recent survey of experts, the forecast for the year end price of the EURUSD could be 1.16 or 1.55 depending on your choice of the experts. Maybe we could really have some fun, going to 1.16 and then to 1.55. Currently we are selling off, trading at 1.3840. [...]
