The USD/JPY retreated from last week’s high of 102.25, and is now testing some support factors just under 102. We have a rising trendline support from last week, and a broken trendline that served as resistance before. If the USD/JPY is to remain bullish, price should stay above the 101...
-The USDOLLAR has broken…and reclaimed...long term trendline support. The advance through 10420 is a great start to suggesting that the trendline was break was of the false variety. A weekly key reversal is in the works too (need to close above 10409...
Gold price forecast 7/4/2014 Due to positive economic news yesterday of the USA, gold price tested the deepest level 1309.00 of this week . However, gold price has been rebounded shortly and is trading around at 1319.00-1321.00 now...
After a strong rally last week, Gold has been consolidating roughly between 1326 and 1306. We saw traders during the 6/26 session respect the support around 1306, bringing back June’s bullish trend in focus. The technical conditions in the 4H chart favor a bullish breakout...
For months, Merlin has been encouraging listeners to look at their long term investment accounts to get a greater understanding of how they are positioned in these uncertain times. On this show, several listeners seek further suggestions on just how to accomplish this...
US Dollar on the Verge of Major Breakdown Again S&P 500 Digesting After Recoiling from Resistance Gold, Crude Oil Locked in Familiar Trading Ranges US DOLLAR TECHNICAL ANALYSIS – Prices remain under pressure as prices test below multi-year rising trend support set from July 2011...
