Price of Gold extends Friday’s pullback trading now more than 10$ lower from last week high of 1219.17$....

USD/JPY continues its advance. Today is the last trading day at the Tokyo Stock Exchange for equities in 2013 and USD/JPY gapped up again and rose further....

The AUD/USD fell further on Friday and early today. The key support at 0.8880 was broken. The head and shoulders pattern discussed last week is off the table – further downside is likely....

In a very illiquid market we saw a stop loss triggered move on Friday which sent the EUR/USD roughly 200 pips higher within a couple of hours. Most of the move was retraced later on in the afternoon....

The AUD/USD stabilized in the 0.8880 area yesterday. This could potentially be the right shoulder of an inverted head and shoulders pattern....

USD/JPY made a marginal new high above 105 this morning before retracing a bit down to the 104.80 area....

Following yesterday’s resistance breakout, the price of Gold spiked and tested the next resistance level found at 1216.0$/ounce before pulling back slightly probably due to profit taking....

EUR/USD rallied strongly this morning after the key resistance at 1.3720 was broken to the upside. Less market participants apparently means less resistance and volatile moves – EUR/USD is up more...

US equities are literally on fire this week closing again at record highs. Asian equities are in the green too boosted by a weak Yen....

The expected retracement in USD/JPY did not materialize, after the Christmas break USD/JPY gapped up last night and rallied to a new 5-year high this morning....