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Daily Market Outlook by Commexfx

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Daily Outlook 21-05-2014

Postby CommexFX » Wed May 21, 2014 5:54 am

Dollar-Yen (101.21) made a low at 101.10 close to the significant backing of 101.20. It is a critical time as the bears must push it down to the long haul help at 100.70-60 or else they may run the danger of a sudden upward move whenever.

The Euro-Yen (138.70) is in an affirmed significant downtrend now. It is trying an essential Support here around 138.70-30 and could endeavor a bit of a skip. At the same time unless Resistance at 140 is broken, there could be risks of further tumble to test 200-day MA at 137.94 or considerably lower towards 136.

The Euro (1.3702) is demonstrating no confirmation of quality significantly in the wake of holding over the backing of 1.3650. Despite the fact that the likelihood of ascent still makes due over 1.3650, expect more vertical fall towards sub-1.35 on a break underneath 1.3650.

The Pound (1.6840) has skiped forcefully from 1.6731 and keeps the long haul uptrend in place. However a break beneath 1.6730 could discredit the uptrend and after that a dip to sub-1.6600 levels would be on cards.

The Aussie (0.9233) has broken beneath 0.93 forcefully and presently testing the significant help territory of 0.9200-0.9150. However the current structure indications at conceivable downmove towards 0.8950 on a break beneath 0.9150.

Gold (1294.149) and Silver (19.432) are stable for now and may continue to remain ranged but are currently testing channel resistance near current levels. The Gold-Silver ratio (66.55) has been overall rising since mid-Feb’2014 and may target higher towards 67.50 in the near term. This may suggest a near term rise in Gold while Silver may remain range-bound. Overall long term trend is down.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Thu May 22, 2014 6:21 am

Daily Outlook 22-05-2014

The Euro (1.3673) is in an exceptionally feeble state and any ricochet is relied upon to face offering weight. In spite of the fact that the likelihood of ascent still makes due over 1.3650, expect more fall towards sub-1.35 as long as it stays beneath 1.3800.

Dollar-Yen (101.54) bears neglected to break the long haul backing of 100.70-60 and got hit by a sharp bob not surprisingly. A break over 101.75-102.00 may bring back uptrend and expand the rally further towards 103.00.

The Euro-Yen (138.84) is trying a vital Support here around 138.70-30 and could endeavor a bit of a bob. However unless Resistance at 140 is broken, there could be risks of further tumble to test 200-day MA at 137.94 or considerably lower towards 136.

The Pound (1.6888), the strongest among the real monetary standards now, searches set for further climb to 1.70-71 as long it exchanges over 1.6730. Just a break underneath 1.6730 could refute the uptrend and afterward a dip to sub-1.6600 levels would be on cards.

The Aussie (0.9263) is attempting to keep afloat real help zone of 0.9200-0.9150 after the sharp fall. Anyway the current structure indications at more downmove towards 0.8950 on a break underneath 0.9150.

Gold (1291.91) looks frail yet has been exchanging close pivotal channel backing and safety for the last 3-sessions. Unless a break underneath 1290, we may even now anticipate that a slight ricochet will 1300. While Silver (19.435) remaining parts steady for the present, both metals keep on raning sideways.
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Daily Outlook 23-05-2014

Postby CommexFX » Fri May 23, 2014 6:15 am

Euro (1.3651) continues exchanging at a 3-month low and any ricochet is required to face offering weight. It is trying a minor swing low at 1.3630 to keep the likelihood of an ascent alive yet more fall is not out of the ordinary towards sub-1.35 as long as it stays underneath 1.3800.

Dollar-Yen (101.78) bears neglected to break the long haul backing of 100.70-60 and got hit by a sharp skip of course. A break over 101.75-102.00 may bring back uptrend and augment the rally further towards 103.00.

Euro-Yen (138.94) is trying an essential Support here around 138.70-30 and could endeavor a bit of a skip. Be that as it may unless Resistance at 140 is broken, there could be risks of further tumble to test 200-day MA at 137.94 or much lower towards 136.

Pound (1.6869), the strongest among the real coinage now, searches set for further climb to 1.70-71 as long it exchanges over 1.6730. Just a break beneath 1.6730 could refute the uptrend and afterward a dip to sub-1.6600 levels would be on cards.

Aussie (0.9247) is attempting to keep afloat significant help territory of 0.9200-0.9150 after the sharp fall. Anyway the current structure indications at more downmove towards 0.8950 on a break underneath 0.9150.

Gold (1294.96) attempted to climb over 1300 yet returned to test channel backing close to 1290 as Dollar fortifies against significant monetary forms. Close term combining may proceed with yet further course can’t be guaranteed unless a maintainable break on either side of the 1280-1310 locales is seen.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Tue May 27, 2014 7:44 am

Daily Outlook 27-05-2014

Euro (1.3662) is making a Matching Low at 1.3613, near the trendline help at 1.3590-80 and this bob may take Euro higher to 1.3700-30. Anyway the shortcoming stays in place beneath 1.3800 and any skip is required to face offering weight.

Dollar-Yen (101.97) is trying our safety region of 102 and a break over 102.00-15 may take it to the real supply zone at 102.75-103.00.the Euro-Yen (139.29) is skipping from a critical Support around 138.70-30 however unless Resistance at 140 is broken, there could be risks of further tumble to test 200-day MA at 137.94 or significantly lower towards 136.

Pound (1.6864) has experienced a sharp rectification recently yet the uptrend stays in place for focuses of 1.70 as just a break beneath 1.6730 could refute the uptrend and after that a dip to sub-1.6600 levels would be on cards. Look for a break over 1.6900-20 for quality.

Aussie (0.9256) is attempting to keep afloat significant help zone of 0.9200-0.9180 after the sharp fall, however the current structure stays powerless. Are the Bulls thinking about a vast Cup & Handle breakout within a brief span of time?

Gold (1291.61) keeps on remainning steady inside the 1280-1304 locales. Unless we see a break on either side of the extent, further bearing can’t be dead set. Silver (19.391) is likewise steady however is trying urgent long haul backing close present levels hanging in the balance outline. This may prompt 19.66 again yet unless a break over 19.66 is seen, it may remain extent bound.
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Daily Outlook 28-05-2014

Postby CommexFX » Wed May 28, 2014 8:38 am

Euro (1.3637) is attempting to discover some purchasing near the trendline help at 1.3590-80 and this endeavor, if fruitful, may take Euro higher to 1.3700-30. Be that as it may the shortcoming stays in place beneath 1.3800 and any bob is relied upon to face offering weight at the more elevated amounts.

Dollar-Yen (101.93) has been confronting offering weight precisely from our safety at 102.00-15 however a break over this safety is obliged to take it to the real supply zone at 102.75-103.00.the Euro-Yen (138.99) is in a sideways move in 138.50-139.50 in the wake of skipping from an imperative Support around 138.70-30 yet unless Resistance at 140 is broken, there could be risks of further tumble to test 200-day MA at 137.94 or considerably lower towards 136.

Pound (1.6812) has experienced a sharp adjustment recently however the uptrend stays in place for focuses of 1.70 as just a break underneath 1.6730 could nullify the uptrend and afterward a dip to sub-1.6600 levels would be on cards. Look for a break over 1.6900-20 for quality.

Aussie (0.9261) is attempting to keep afloat significant help territory of 0.9200-0.9180 after the sharp fall, yet the current structure stays frail. A break past the more extensive reach of 0.92-0.94 may transform the following significant directional move.

Gold (1264.68) drooped pointedly to 1261 yesterday, (falling more level than our normal 1280 levels) on superior to expected US information that may help the Federalreserve to further check boost. It is trying vital backing close to 1260 which if keeps may cut it down to 1280-1294 else it may confront the risk of falling towards 1230-1225 levels. General our perspective keeps on remainning bearish in the close term.
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Daily Outlook 29-05-2014

Postby CommexFX » Thu May 29, 2014 5:52 am

Euro (1.3605) is trying the trendline help at 1.3590-80 and may attempt to bob once more to 1.3700-30. Anyway the shortcoming stays in place beneath 1.3800 and any skip is required to face offering weight at the larger amounts.

Dollar-Yen (101.68) has been pushed down precisely from our safety at 102.00-15 however a break over this safety is obliged to take it to the higher safety at 102.75-103.00.the Euro-Yen (138.35) is additionally trying the last swing low close to 138 (likewise 200 DMA at 138.30) as all endeavors to break over 140 have fizzled so far and searches all set for a tumble to 136-135 in the following few sessions.

The uptrend in Pound (1.6723) has been killed with this break of 1.6730 and now a dip to 1.6670-20 can’t be discounted. Presently it stays to be checked whether the last trust for the bulls at 1.66 remaining parts secured or not.

Aussie (0.9274) tried the help range at 0.9200-0.9180 at the end of the prior day bobbing strongly. Yet in any case we sit tight for a break past the more extensive reach of 0.92-0.94 which may handle the following significant directional move.

Gold (1257.126) has started a sharp fall which may focus on 1225 in the impending sessions. In spite of the fact that it is trying a close term backing close to 1257-1260, possibilities of breaking beneath is higher. Notwithstanding, in the event that it bobs back from current levels it may focus on 1280 preceding again continuing the fall. General our more extended term bearish perspective holds.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Fri May 30, 2014 5:31 am

Daily Outlook 30-05-2014

No indication of quality is noticeable yet in the Euro (1.3605) as it tests the trendline help at 1.3590-80 and may attempt to skip over to 1.3700-30. Be that as it may the shortcoming stays in place beneath 1.3800 and any skip is relied upon to face offering weight at the larger amounts.

Dollar-Yen (101.54) must break over 102.15 to climb higher towards the following safety at 102.75-103.00. Inside this expansive sideway run of 100.50-103.00, any quick bullish probability gets by till 101.20. The Euro-Yen (138.16) is likewise trying the last swing low close to 138 (additionally 200 DMA at 138.30) as all endeavors to break over 140 have fizzled so far and searches all set for a tumble to 136-135 in the following few sessions.

The shortcoming and misfortune of bullish energy in Pound (1.6733) is purported and now a dip to 1.6670-20 can’t be precluded. Be that as it may it stays to be checked whether the last trust for the bulls at 1.66 remaining parts ensured or not.

The Aussie (0.9313) looks all set to test the real safety region of 0.9400-50 yet a break over 0.94 may help it to move beyond the whole supply zone and push it up towards 0.96-0.97. A disappointment close to 0.94 would mean an alternate little plunge and all the more sideways move in the extent of 0.92-0.94.

Gold (1257.587) is steady for the present while in a downtrend and underneath 1261.10, it may fall towards 1225 in the nearing weeks. Testing a close term backing close to 1257-1260, shots of fall is higher.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Mon Jun 02, 2014 5:47 am

Daily Outlook 2-06-2014

Euro (1.3628) has been attempting to make a bullish example like the Morning Star and may attempt to skip once more to 1.3700-30. Be that as it may the shortcoming stays in place beneath 1.3800 and any bob is required to face offering weight at the larger amounts.

Dollar-Yen (102.05) is near breaking over 102.15 to indicator an ascent towards the following safety at 102.75-103.00, even 103.50.

The Euro-Yen (139.04) has ricocheted from the significant backing at 138 and may rally to 139.40 or even 140 if Euro figures out how to fortify further against the Dollar. Underneath 138, the route to 136-135 opens up.

The shortcoming and misfortune of bullish energy in Pound (1.6744) is professed and now a dip to 1.6670-20 can’t be discounted. Anyway it stays to be checked whether the last trust for the bulls at 1.66 remaining parts ensured or not.

The Aussie (0.9263), in spite of the desires, has neglected to test the 0.94 levels and consequently stays stuck in the extent of 0.92-0.94 for the time being. Just a break of this reach of 0.92-0.94 may prepare any significant moves.

Gold (1248.41) and Silver (18.789) shrank on steady values and easier US GDP information, breaking 1257 obviously. Gold is prone to see help levels close to 1230-1225 on the off chance that it keeps falling with such force. Silver then again may test backing close to 18.5 from where it may bob over to 19-19.5 locale. Close term stays bearish.
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Re: Daily Market Outlook by Commexfx

Postby madds2v@gmail.com » Mon Jun 02, 2014 11:27 am

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Daily Outlook 4-06-2014

Postby CommexFX » Wed Jun 04, 2014 6:39 am

EUR/USD was exchanging at 1.3627, up 0.22% at time of writing.the pair was prone to discover help at 1.3586, Thursday’s low, and safety at 1.3650, Friday’s high.meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP picking up 0.20% to hit 0.8136 and EUR/JPY climbing 0.33% to hit 139.69.

GBP/USD hit 1.6782 throughout U.s. morning exchange, the pair’s most elevated since May 28; the pair hence solidified at 1.6749, creeping up 0.01%. Link was prone to discover help at 1.6693, the low of May 29 and safety at 1.6816, the high of May 28.Australia’s first quarter GDP information climbed 1.1%, contrasted with a 1.0% addition expected.aud/USD exchanged at 0.9284, up 0.19%, after the information. Prior Australian AIG Group’s Services Index for May rose to 49.9 from a 48.6 perusing in April.

Gold costs picked up in Asia Wednesday on a bounce back from overnight with financial specialists hunt down interest signals. Gold costs bounce back marginally in Asia, interest signals wantedgold costs up in Asia
On the Comex division of the New York Mercantile Exchange, gold for August conveyance exchanged at $1,245.30 a troy ounce, up 0.06%.
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