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Daily Market Outlook by Commexfx

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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Wed Jun 04, 2014 6:50 am

Daily Outlook 4-06-2014

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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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Thu Jun 05, 2014 8:57 am

Daily Outlook 5-06-2014

Euro (1.3598) is unstably trying the help zone of 1.3590-70 for the last 6-7 sessions, holding up for the following ECB step. A breakout of the reach of 1.3570-1.3650 may focus the fleeting course even while the real pattern stays down.

Dollar-Yen (102.56) is taking a stop in the wake of arriving at our beginning focus of 102.75 and now may achieve even 103.00-50. The Euro-Yen (139.45) has officially pulled back from 140 of course. The fall would be deeper on a break beneath 139.30-139.00.

Pound (1.6746) is stuck in the little run of 1.6690-1.6790 for a week now. This reach may be broken today and a dip to 1.6670-20 can’t be precluded. Yet it stays to be checked whether the last trust for the bulls at 1.66 remaining parts ensured or not.

The Aussie (0.9277) remaining parts stuck in the reach of 0.92-0.94 for the present with no acceptable transient directional intimations. Just a break of this reach of 0.92-0.94 may generate any genuine moves. An alternate test of 0.9215-0.92 may indicate the end of this curative mode.

Gold (1243.77) remaining parts steady for the present at easier levels close to 1240. It may confront a danger of further fall if the European Central Bank cuts rates which may reinforce the US Dollar. While over 1240, it may keep on consolidaing sideways inside the 1240-1260 areas yet a fall beneath 1240 may push it down to 1230-1225 levels. Close term looks bearish while in a general downtrend.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Fri Jun 06, 2014 8:10 am

Daily Outlook 6-06-2014

On the off chance that you had taken a gander at the EURUSD rate first thing at the beginning of today and afterward contrasted it and the rate as we approached the end of the European session, it was really level, give or take a couple of premise focuses. In any case, the smooth shrouds a gigantic measure of instability in the single cash and an emotional venture into the obscure from the ECB.

GBP/USD has edged higher on Thursday as the pair plays with the 1.68 line in the North American session. On the discharge front, there were no astonishments from the Bank of England, which rolled out no improvements to premium rate levels or its QE program. Halifax HPI was extraordinary, hopping 3.9% in May. In the US, Unemployment Claims moved higher missed the assessment.

USD/CAD is consistent on Thursday, as the pair exchanges the mid-1.09 extent in the North American session. On the discharge front, the news was not positive. Canadian Building Permits and Ivey PMI were fortunate their appraisals. In the US, Unemployment Claims rose and likewise missed the figure.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Wed Jun 11, 2014 5:00 am

Market Outlook 11-06-2014

EUR/USD was down 0.38% at 1.3541, up from a session low of 1.3534 and off a high of 1.3602.the sets was prone to discover help at 1.3503, Thursday’s low, and safety at 1.3677, Friday’s high.rising Treasury yields, four months of robust month to month employments reports and other energetic monetary markers in the U.s. sent speculators pursuing the dollar on Tuesday.

GBP/USD hit 1.6759 throughout U.s. morning exchange, the pair’s most reduced since June 5; the pair consequently merged at 1.6767, shedding 0.21%.cable was prone to discover help at 1.6699, the low of June 4 and safety at 1.6845, the high of June 6.

USD/JPY was down 0.15% to 102.37, off session lows of 102.22. USD/CHF rising 0.26% to 0.8993.AUD/USD easing up 0.09% to 0.9362 and NZD/USD rising 0.22% to 0.8512. USD/CAD edged up 0.10% to 1.0913.

Gold prospects for August conveyance exchanged at $1,259.60 a troy ounce, down 0.04%, in the wake of hitting an overnight session low of $1,250.40 and off a high of $1,263.70. The European Central Bank’s late choice slice premium rates kept on weighing on the euro, which reinforced gold’s claim as a support.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Wed Jun 11, 2014 5:05 am

Market Outlook 11-06-2014

EUR/USD was down 0.38% at 1.3541, up from a session low of 1.3534 and off a high of 1.3602.the sets was prone to discover help at 1.3503, Thursday’s low, and safety at 1.3677, Friday’s high.rising Treasury yields, four months of robust month to month employments reports and other energetic monetary markers in the U.s. sent speculators pursuing the dollar on Tuesday.

GBP/USD hit 1.6759 throughout U.s. morning exchange, the pair’s most reduced since June 5; the pair consequently merged at 1.6767, shedding 0.21%.cable was prone to discover help at 1.6699, the low of June 4 and safety at 1.6845, the high of June 6.

USD/JPY was down 0.15% to 102.37, off session lows of 102.22. USD/CHF rising 0.26% to 0.8993.AUD/USD easing up 0.09% to 0.9362 and NZD/USD rising 0.22% to 0.8512. USD/CAD edged up 0.10% to 1.0913.

Gold prospects for August conveyance exchanged at $1,259.60 a troy ounce, down 0.04%, in the wake of hitting an overnight session low of $1,250.40 and off a high of $1,263.70. The European Central Bank’s late choice slice premium rates kept on weighing on the euro, which reinforced gold’s claim as a support.
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Re: Daily Market Outlook by Commexfx

Postby CommexFX » Thu Jun 12, 2014 7:33 am

Daily Outlook 12-06-2014

Euro (1.3545) has lost almost the majority of the most recent increase in the wake of making the significant bottom at 1.35, in opposition to our desire. We must watch the value movement at the help range of 1.3500-3475 now before taking any stance however the bullish perspective is still not discredited completely.

Dollar-Yen (102.10) has tried precisely the help range of 101.95-85 however the Dollar bulls require a break over the 9 week long extend of 101-103 to continue the rally. The Euro-Yen (138.30) is attempting to skip on the over of to some degree firmer Euro however the downside danger of testing 137 levels is unmistakably there.

Pound (1.6800) is still held inside the past week’s reach however is approaching the upper end of the extent and the break out level at 1.6850 at the end of the day. Keep an eye on 1.6690-40 for backing and 1.6850 for safety.

The Aussie (0.9374) has tried yet neglected to break over 0.9410, the last swing high, to affirm the middle of the road uptrend. 2-34 days of union before any breakout would be more valuable for the bulls.

Gold (1260.44) is exchanging above significant 1260 levels, and if this manages we may see 1280 in the nearing sessions. Close term is bullish while the general long haul is still bearish.

Silver (19.18) made a high of 19.33 yesterday yet fell off from that point marginally. It may focus on 19.4-19.5 in the nearing sessions and a break over 19.5 may take it higher towards 20-20.5. At the same time there are shots of safety close to 19.5 holding which would then keep the costs extended underneath 19.5.
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Daily Outlook 26-06-2014

Postby CommexFX » Thu Jun 26, 2014 8:00 am

At 1.3650, Euro (1.3633) has tried the higher end of its tight contracting extent of 1.3550-1.3650 yet it needs to affirm the bullishness by a break over 1.3680-90, which may prompt revives towards 1.38 or more.

Dollar-Yen (101.75) is stuck in the reach of 101.50-102.75 for the about two weeks not surprisingly. Presently just a break over 102.70 or beneath 101.50 may bring any directional move. The Euro-Yen (138.71) has been in a lethargic mode as both Euro & Yen are stagnant for the last few days. In any case it runs the downside danger of testing 137 however there is a bullish inversion plausibility, recommended by pointers, to be affirmed just on a break over 139.50-60.

Pound (1.6990) is amending the last sharp climb and may test 1.6925-1.6900 now yet this rectification ought to be constrained to 1.69 to keep the bullish force in place.

A breakout in a low instability environment is extremely troublesome and Aussie (0.9400) demonstrated that by neglecting to break over 0.9440-60 and go into the extent of 0.9200-0.9450 which may proceed for a couple of sessions more.

Gold (1318.90) changed profoundly in the 1325-1310 locale. Note that the 1325-1330 zone is vital and can possibly push the costs down to 1300-1290 and further to 1250 levels. The Gold-WTI proportion (12.35) has precisely fallen off from safety at 12.5 and may now tumble to 12-11.3 levels demonstrating that Gold costs may drop in the impending sessions.
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Daily Outlook 26-06-2014

Postby CommexFX » Thu Jun 26, 2014 8:06 am

At 1.3650, Euro (1.3633) has tried the higher end of its tight contracting extent of 1.3550-1.3650 yet it needs to affirm the bullishness by a break over 1.3680-90, which may prompt revives towards 1.38 or more.

Dollar-Yen (101.75) is stuck in the reach of 101.50-102.75 for the about two weeks not surprisingly. Presently just a break over 102.70 or beneath 101.50 may bring any directional move. The Euro-Yen (138.71) has been in a lethargic mode as both Euro & Yen are stagnant for the last few days. In any case it runs the downside danger of testing 137 however there is a bullish inversion plausibility, recommended by pointers, to be affirmed just on a break over 139.50-60.

Pound (1.6990) is amending the last sharp climb and may test 1.6925-1.6900 now yet this rectification ought to be constrained to 1.69 to keep the bullish force in place.

A breakout in a low instability environment is extremely troublesome and Aussie (0.9400) demonstrated that by neglecting to break over 0.9440-60 and go into the extent of 0.9200-0.9450 which may proceed for a couple of sessions more.

Gold (1318.90) changed profoundly in the 1325-1310 locale. Note that the 1325-1330 zone is vital and can possibly push the costs down to 1300-1290 and further to 1250 levels. The Gold-WTI proportion (12.35) has precisely fallen off from safety at 12.5 and may now tumble to 12-11.3 levels demonstrating that Gold costs may drop in the impending sessions.
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Daily Outlook 27-06-2014

Postby CommexFX » Fri Jun 27, 2014 7:20 am

EUR at a finer cost. Presently the EUR is obstructed underneath the H4 Sma200 cost however when it is broken, our first target will be the safety territory 1.3650-1.3665. Really wide and really solid one, that will be amazingly difficult to break, however a few spikes to 1.3670-75 are conceivable, yet i surmise that the cost will stay beneath 1.3665 till Monday.

NZD has recorded a crisp high at 0.8792. Day by day and week by week are to a great degree bullish yet on H4 pointers demonstrate a downside rectification has begun, so be cautious. I think you may attempt little Short in front of 0.88 and TP at 0.8740

AUD is bullish on practically untouched edges, yet a few revisions to 0.9425 are conceivable, the pair is focusing on 0.9445 and will attempt to record another high, yet i think promptly after another high is recorded the pair will right to the downside to 0.9400

JPY has picked the best place to push the dollar to the downside. This is the cross purpose of Daily Sma200 and Daily negative Senkou Span A cost at 101.75. In the event that the cost is not fit to close once more over 101.65 today, then no good thing for the dollar’s future here.

GBP – there is probably pound is searching for a new high, however keep in mind we are breaking the Monthly negative cloud and i think the adjustment to the downside will happen one month from now. Furthermore work then 1.71 will be the target. You ought to be prepaired to take your benefits from long soon. We are bullish as long as the pair is over 1.7030. In the event that there is any spike to 1.7010 the pair will rapidly recuperate to the upside

GOLD even now moving inside the negative day by day cloud, with a reasonable “banner” development untouched and an incredible probability to passageway the cloud to the upside. Resistances are 1331 and 1339. Some place closer to the second you may attempt little SHORT, in light of the fact that i anticipate that the cost will return once again to 1315 not long after the upside is over.
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Daily Outlook 27-06-2014

Postby CommexFX » Fri Jun 27, 2014 7:24 am

EUR at a finer cost. Presently the EUR is obstructed underneath the H4 Sma200 cost however when it is broken, our first target will be the safety territory 1.3650-1.3665. Really wide and really solid one, that will be amazingly difficult to break, however a few spikes to 1.3670-75 are conceivable, yet i surmise that the cost will stay beneath 1.3665 till Monday.

NZD has recorded a crisp high at 0.8792. Day by day and week by week are to a great degree bullish yet on H4 pointers demonstrate a downside rectification has begun, so be cautious. I think you may attempt little Short in front of 0.88 and TP at 0.8740

AUD is bullish on practically untouched edges, yet a few revisions to 0.9425 are conceivable, the pair is focusing on 0.9445 and will attempt to record another high, yet i think promptly after another high is recorded the pair will right to the downside to 0.9400

JPY has picked the best place to push the dollar to the downside. This is the cross purpose of Daily Sma200 and Daily negative Senkou Span A cost at 101.75. In the event that the cost is not fit to close once more over 101.65 today, then no good thing for the dollar’s future here.

GBP – there is probably pound is searching for a new high, however keep in mind we are breaking the Monthly negative cloud and i think the adjustment to the downside will happen one month from now. Furthermore work then 1.71 will be the target. You ought to be prepaired to take your benefits from long soon. We are bullish as long as the pair is over 1.7030. In the event that there is any spike to 1.7010 the pair will rapidly recuperate to the upside

GOLD even now moving inside the negative day by day cloud, with a reasonable “banner” development untouched and an incredible probability to passageway the cloud to the upside. Resistances are 1331 and 1339. Some place closer to the second you may attempt little SHORT, in light of the fact that i anticipate that the cost will return once again to 1315 not long after the upside is over.
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