Gold keeps recovering from the taper announcement of last week. The current up trend remains fragile and we are now approaching a resistance level found at 1208$/ounce, which corresponds to last...

US equities closed in the green ahead of Christmas on Tuesday, with Dow and S&P500 ending once again at record highs. The Nikkei followed the same path peaking at a 6-year high helped by a weakening...

The AUD/USD was weaker than we had expected. Support in the 0.9810 region did not hold and the pair drifted lower again to 0.8880 at the time of writing....

EUR/USD saw the expected trading range – a drift lower found support in the 1.3660 region (“Support at 1.3660 and resistance at 1.3720 should limit any bigger move which might occur”)....

After dropping below 103.80 we did not see any further downside action and the yen weakened again (USD/JPY rising)....

The price of Gold is currently evolving at key psychological level of 1200$/ounce in what appears to be a bearish pennant pattern....

The anticipated recovery attempt in AUD/USD stalled at 0.8960 and a 50 pip retracement followed back down to 0.8910 support....

US equities mostly driven by optimism closed higher again yesterday squeezing short traders again. Fed and IMF encouraging comments over the US economic outlook seem to be welcomed by equity traders...

EUR/USD saw the expected upside move (“Another attempt towards 1.3720:1.3750 seems likely”). Due to lack of participation the move stalled just underneath the 1.3720 level....

After last week’s end of week plunge, the price of gold bounced up in what appears to only be a temporary consolidation after the sharp drop....