London Gold Market Report from Ben Traynor BullionVault Monday 5 March 2012, 09:00 EST DOLLAR gold prices briefly dipped back below $1700 an ounce Monday morning in London, as stocks, commodities and the Euro all fell before recovering some ground, following news that China has cut its official growth target. Silver prices dropped to $34.06 per ounce – [...]
Archive for US Dollar
USDCHF broke out of the range after failing to break below the support at 89.30. 89.30 was a little below the Fibonacci 61.8% retracement of the upward move during October 27th, 2011 to January 8th, 2012. During the last week the pair went up to 91.49 before closing for the week at 0.9141, which was [...]
Categories Forex Articles
EURUSD failed to break the strong psychological resistance of 1.3500 and fell strongly from 1.3486. The currency pair went as low as 1.3187 and closed for the week at 1.3198. A couple of points to be observed about the recent price action: 1) The upward move could not break the psychological 1.3500 level.2) The move [...]
Categories Forex Market News & Analysis
Physical Gold Demand “Picks Up” in Asia After Price Falls, But Further Drop “Could See Focus on $1500 Gold”
March
2nd,
2012
London Gold Market Report from Ben Traynor BullionVault Friday 2 March 2012, 08:45 EST THE U.S.DOLLAR gold price fell to $1708 an ounce Friday lunchtime in London – a 0.9% drop on Friday’s Asian session high – as stock and commodity markets also fell slightly amid ongoing uncertainty over the Greek bailout deal. “Another move below $1690 [...]
Categories Forex Market News & Analysis
“Speculation” in Absence of Physical Demand Blamed for Gold’s 5% Plunge as Greek “Credit Event” Denied
March
1st,
2012
London Gold Market Report from Adrian Ash BullionVault Thurs 1 March, 08:20 EST PRECIOUS METALS rallied in Asian and early London trade Thursday morning, with gold futures at one point recovering more than a third of yesterday’s sharp $100-per-ounce decline as global stock markets also rose. Broad commodity markets rose, but the single Euro currency [...]
Categories Forex Market News & Analysis
Markets Flat Following ECB LTRO News, Iran Trading with “Universal Currency” Gold “Next Target for Silver” is September High
February
29th,
2012
London Gold Market Report from Ben Traynor BullionVault Wednesday 29 February 2012, 08:30 EST WHOLESALE MARKET gold bullion prices hovered around $1785 an ounce Wednesday morning London time, while stocks and commodities were also broadly flat following the European Central Bank’s latest attempt to boost the liquidity held by the continent’s banks. Silver bullion meantime hit $37.36 [...]
Categories Forex Market News & Analysis
USDCHF broke the resistance of 0.9280, indicated during the last week and had moved up to 0.9300. The pair found a strong resistance and but fell sharply to 0.9160 to close for the week at 0.9199. Initially we will stay neutral. Our short-term focus will move to downside only if a decisive break below 0.9155 [...]
Categories Forex Articles
Initially for the next week we will stay neutral. The movement of EUR/USD may be volatile depending on the changing sentiments from EU region and the developments about the Greece debt issue. Overall we stay bearish for EUR/USD for the longer-term but volatile upward gains cannot be ignored. The movements should be riding on the [...]
Categories Forex Articles
Gold Demand Trends Show Chinese Growth, Indian Weakness & Revival of US Consumers as Fresh Greek Rumors Dent Euro
February
16th,
2012
London Gold Market Report from Adrian Ash BullionVault Thurs 16 Feb., 09:45 EST WHOLESALE MARKET prices to buy gold bullion slipped further on Thursday in London, falling to a three-week low beneath $1709 per ounce as a raft of positive US data buoyed the Dollar, and fresh rumors broke of a Eurozone exit for Greece. [...]
Categories Forex Market News & Analysis
Euro Crisis “Still Supporting Gold” as Germany’s Concerns Grow over Greece’s Second Bailout
February
15th,
2012
London Gold Market Report from Ben Traynor BullionVault Wednesday 15 February 2012, 09:00 EST SPOT MARKET gold prices rose to $1732 per ounce Wednesday lunchtime in London, slightly above where they started the week, as European stock markets dipped amid ongoing uncertainty over Greece’s second bailout. Silver prices tested $34 per ounce – 1% above last Friday’s [...]
Categories Forex Market News & Analysis
Feb. 15 (Bloomberg) — Mitul Kotecha, Credit Agricole’s Hong Kong-based head of global currency strategy, talks about the yen. Kotecha also discusses Europe’s sovereign debt crisis and its implications for the euro and China’s yuan. He speaks with Susan Li, Rishaad Salamat, Mia Saini, and David Ingles on Bloomberg Television’s “Asia Edge.” (Source: Bloomberg)
Categories Forex Articles
Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers the MetaTrader4 and PROfit Platform to retail traders. Other services include Segregated Accounts, Trading workshops, Tutorials, and Commodities trading.
Categories Forex Market News & Analysis
Source: ForexYard Yesterday was fairly hectic for euro traders after the credit downgrade of several EU countries sent the common currency tumbling. The EUR saw a brief upward correction during mid-day trading after the release of a better than expected German ZEW Economic Sentiment figure. Today, investors will be eagerly awaiting any news out of [...]
Categories Forex Market News & Analysis
“Sideways Trade” sees Gold “Supported by Phys. Demand”, Debt Warning “Reality Check” for Britain while Obama Calls for Increased US Spending
February
14th,
2012
London Gold Market Report from Ben Traynor BullionVault Tuesday 14 February 2012, 08:30 EST THE WHOLESALE market gold price eased to $1713 per ounce Tuesday lunchtime – 1.1% down on the previous day’s high – while stock and commodity markets were broadly flat despite several European countries having their sovereign ratings or outlooks lowered last night. [...]
Categories Forex Market News & Analysis
Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers the MetaTrader4 and PROfit Platform to retail traders. Other services include Segregated Accounts, Trading workshops, Tutorials, and Commodities trading.
Categories Forex Market News & Analysis
Dollar Weakness “Creating Gold Demand” after Greek Deal, Time for American Austerity “Is Not Now” says White House
February
13th,
2012
London Gold Market Report from Ben Traynor BullionVault Monday 13 February 2012, 08:30 EST SPOT MARKET gold prices touched $1733 per ounce Monday morning – 0.5% up on last week’s close – as stock markets, commodities and the Euro all rallied following Greece’s vote in favor of new austerity measures. Silver prices meantime hovered around $33.90 per [...]
Categories Forex Market News & Analysis
The equity market took a breather last week and we saw a smalle correction. This week could easily mean more correction as events in Greece once again take the spotligth. Jyske Bank Senior Strategist Ib Fredslund Madsen outlines this weeks most important events and economic data. Legal information Video courtesy of en.jyskebank.tv/
Categories Forex Market News & Analysis
Currency Futures: Forex Speculators cut Dollar Long Positions as Canadian Loonie positions turn long while Kiwi surges
February
12th,
2012
By CountingPips.com The latest Commitments of Traders (COT) report, released on Friday by the Commodity Futures Trading Commission (CFTC), showed that large futures speculators decreased their US dollar long positions last week and Euro short positions improved for the second straight week off their record low level. Non-commercial futures traders, usually hedge funds and large [...]
Categories Forex Blog
Free 10-Part Professional Trading Course - 30-Year Market Veteran & Former Floor Trader, Adam Hewison, teaches his Successful Strategies in this popular Free Trading Course...
Forex Technical Trend Analysis to Your Email - Currencies, Commodities, Stock Indicies & Tech Stocks. Weighted Trend Scores and Smart Scan Chart Analysis instantly!..
Learn Basics of Elliott Wave Analysis — FREE - "Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it"...
- Just How Green is Google May 23, 2012
- USD Moves Up vs. JPY Following Japanese Credit Downgrade May 23, 2012
- You Choose to Outlive Your Retirement Income May 23, 2012
- Dollar Sees Gains across the Board May 23, 2012
- The Commodity to Prepare Your Portfolio for in a Post-China World May 23, 2012
- How Chinese Stocks Are Fading Fast May 23, 2012
Webinar: Powerful Day Trading Strategy - Charts, Strategy, 3 Best Indicators, Entries & Exits
MaxProfit Stat Tracking Software - Keep Records & Analyze Trading Transactions, Import from Metatrader, Ninja Trader & Excel
TRADING PLATFORMS - Trade anytime, anywhere Start at $50 only
CMC Markets Get a free demo account or open up a live account and get a platform upgrade including mini charts, boundaries and new economic calendars.
CURRENCY EXCHANGE - Online 24X7, No Commissions, 2 PIPs Start at $50 only
Investment Logs - Stocks, Commodities, Trading & Investment Articles
Forex - Trade with the Fibo Group LTD
Quantshare - Powerful Trading Software
© 2011 All Rights Reserved CountingPips | | Risk Disclosure - Blog Disclosure - Terms of Use - Privacy Policy
