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Daily global market view!

Postby HY Markets » Thu Sep 12, 2013 4:10 pm

Daily analysis on currencies, oil/gas, metals, indexes and other!
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Re: Daily global market view!

Postby HY Markets » Mon Sep 16, 2013 6:13 am

16/09/2013
US OIL closed lower on Friday. The high-range close sets the stage for a steady to higher opening when Monday's night session begins. Stochastics and the RSI are neutral to bearish hinting that sideways to lower prices are possible near-term. Multiple closes below Tuesday's low crossing needed to confirm that a short-term top has been posted. If it renews this summer's rally, weekly resistance crossing is the next upside target.
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Re: Daily global market view!

Postby HY Markets » Tue Sep 17, 2013 6:24 am

Tuesday 17th September 2013
GOLD closed lower on Monday. The low-range close sets the stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible near-term. If it extends this week's decline, August's low crossing is the next downside target. Closes above the 20-day moving average crossing would temper the near-term bearish outlook.
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Re: Daily global market view!

Postby HY Markets » Wed Sep 18, 2013 6:59 am

Wednesday 18th September 2013

EURO/USD closed lower on Tuesday. The high-range close sets the stage for a steady to higher opening when Wednesday's night session begins trading. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible near-term. If it extends the aforementioned rally, the reaction high crossing is the next upside target. Closes below the 10-day moving average crossing would confirm that a short-term top has been posted.
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Re: Daily global market view!

Postby HY Markets » Thu Sep 19, 2013 5:04 am

Thursday 19th September
USD/YEN closed lower on Wednesday and below the 20-day moving average crossing confirming that a short-term high has been posted. The low-range close sets the stage for a steady to lower opening when Thursday's night session begins trading. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. If it extends today's decline, the reaction low crossing is the next downside target. Closes above the 10-day moving average crossing would confirm that a short-term bottom has been posted.
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HY Markets
 
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Re: Daily global market view!

Postby HY Markets » Mon Sep 23, 2013 7:23 am

Monday 23rd September 2013
US OIL closed lower on Friday extending this week's decline. The low-range close sets the stage for a steady to lower opening when
Monday's night session begins. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible
near-term. If it extends the decline off August's high, the 38% retracement level of the April-August rally crossing is the next
downside target. Multiple closes above the 20-day moving average crossing are needed to confirm that a low has been posted.
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HY Markets
 
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Re: Daily global market view!

Postby HY Markets » Tue Sep 24, 2013 6:57 am

September 24
EURO/USD closed lower due to profit taking on Monday as it consolidated some of this month's rally. The low-range close sets the
stage for a steady to lower opening when Tuesday's night session begins trading. Stochastics and the RSI remain neutral to bullish
signalling that sideways to higher prices are possible near-term. If it extends the aforementioned rally, February's high crossing is the
next upside target. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted.
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HY Markets
 
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Re: Daily global market view!

Postby Fx_Wizard » Tue Sep 24, 2013 2:34 pm

The recommendation for now is cash? market seems consolidating?
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Re: Daily global market view!

Postby HY Markets » Fri Sep 27, 2013 7:06 am

GOLD closed lower on Thursday. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted.


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Re: Daily global market view!

Postby HY Markets » Mon Sep 30, 2013 8:05 am

SILVER closed lower on Friday. The mid-range close set the stage for a steady opening when Monday's night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible near-term. If i renews the decline off August's high, August's low crossing is the next downside target. Multiple closes above the 20-day moving average crossing are needed to confirm that a low has been posted.
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