Forecasts & Analysis

The British pound has rallied significantly initially during the course of the week, only to turn around a crash below the ¥150 level.

The Australian dollar traders have had a rough couple of weeks, because quite frankly it looks like the 0.78 level is suddenly becoming the “line of death.”

The US dollar has fallen again during the course of the trading session on Friday, as the Japanese yen continues to find buyers in an oversold condition.

The British pound initially tried to reach towards the ¥150 level during the trading session on Friday, but then turned around to plunge below the 50 day EMA.

The Australian dollar rallied quite significantly during the trading session on Friday, but stays within the range that it has been in all week.

In today’s analysis, I will focus on two instruments, where I can see the most promising technical situations – The USDJPY and the GBPJPY.

Despite the early setback, the market remains underpinned by a combination of the bullish miss from the EIA and strong LNG export numbers.

Wise investors definitely won’t want to be left behind. Now’s the ideal time to start buying silver equities.

Progress on talks between Iran and world powers to resurrect the 2015 nuclear accord is putting some pressure on prices.

Gold speculators are raising concerns that the Fed might signal its intention to reduce its emergency stimulus measures in the coming months.