Forecasts & Analysis

Based on the price action the last three days, the direction of the USD/JPY is likely to be determined by trader reaction to the 50% level at 105.526.

Based on Monday’s price action, the direction of the NZD/USD is likely to be determined by trader reaction to the main Fibonacci level at .6540.

A new BASE is setting up in the US stock market and in Gold and Silver.  This new base may become the future launch pad for a very big price move higher.

The direction of the December Comex gold market over the short-run is likely to be determined by trader reaction to the main 50% level at $1889.70.

Uber wins back the license to operate in London

Upside should continue to build over the swing top at 11222.00 with the retracement zone at 11199.50 to 11094.75 providing solid near-term support.

Hedge funds add to long and short position in futures and options

Gold volatility rose 9% last week

USD/CAD failed to settle above the resistance at 1.3400 but continues its attempts to gain more upside momentum.

Caesars Entertainment, a gaming and hospitality company, is in advance talks to acquire a London-based bookmaker William Hill in a deal that would value the bookmaker at 2.9 billion pounds, sending shares up over 4% on Monday.