Thursday 24th October 2013
SILVER closed lower on Wednesday. The low-range close set the stage for a steady 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 the decline off August’s high, the 75% retracement level of the June-August rally crossing is the next downside target. Closes above the 20-day moving average crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Friday 25th October 2013
USD/YEN 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 bullish signalling that sideways to higher prices are possible near-term. If it extends the rally off this month’s low, the reaction high crossing is the next upside target. Closes below the 10-day moving average crossing would confirm that a short-term high has been posted.
See more analysis at Market Commentary | HY Markets
Monday 28th October 2013
US 500 Index CFD closed higher on Friday as it extended Thursday’s key reversal up. The high-range close sets the stage for a steady to higher opening when Monday’s night session begins trading. Stochastics and the RSI are turning bullish signalling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted.
See more analysis at Market Commentary | HY Markets
Tuesday 29th October 2013
“GOLD closed higher on Monday. The high-range close sets the stage for a steady to higher opening when Tuesday’s night session
begins trading. Stochastics and the RSI are bullish signalling that a low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it renews this month’s decline, April’s low crossing is the next downside target.”
See more analysis at Market Commentary | HY Markets
Wednesday 30th October 2013
THE EURO closed lower on Tuesday and the lowrange close sets the stage for a steady opening when Wednesday’s night session begins trading. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible nearterm. If last week’s decline, June’s low crossing is the next downside target. Closes above the 10day moving average crossing confirm that a shortterm low has been posted.
See more anaysis at Market Commentary | HY Markets
Friday 1st November 2013
US OIL closed lower on Thursday and the lowrange close sets the stage for a steady opening when Friday’s night session begins. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the aforementioned rally, April’s high crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets
Monday 4th November 2013
THE YEN closed higher on Friday. The highrange close sets the stage for a steady to higher opening when Monday’s night session begins trading. Stochastics and the RSI are bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off this month’s low, the reaction high crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets
Tuesday 5th November 2013
NATURAL GAS closed lower on Monday. The highrange close sets the stage for a steady to higher opening when Tuesday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish signalling that sideways to lower prices are possible nearterm. If it renews the decline off August’s high, the 87% retracement level of the AprilAugust rally crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets
Wednesday 6th November 2013
THE YEN closed lower on Tuesday. The highrange 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 nearterm. If it extends the rally off this month’s low, the reaction high crossing is the next upside target. Closes below the 10day moving average crossing would confirm that a shortterm bottom has been posted.
See more analysis at Market Commentary | HY Markets
Friday 8th November 2013
NATURAL GASclosed higher on Thursday. The lowrange close sets the stage for a steady to lower opening when Friday’s night session begins trading. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off August’s high, the 87% retracement level of the AprilAugust rally crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets
Monday 11th November 2013
US OIL closed higher on Friday. The highrange close sets the stage for a steady to higher opening when Monday’s night session begins. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. If it extends the decline off August’s high, the 75% retracement level of the AprilAugust rally crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Tuesday 12th November 2013
THE EURO closed higher on Monday. The highrange close sets the stage for a steady to higher opening when Tuesday’s night session begins trading. Stochastics and the RSI remains neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off October’s high, the 62% retracement level of the JulyOctober rally crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets
Wednesday 13th November 2013
THE YEN closed higher on Tuesday. The highrange close sets the stage for a steady to higher opening when Wednesday’s night session begins trading. Stochastics and the RSI are neutral to bearish hinting that a high might be in or is near. Closes below Thursday’s high crossing would confirm that a shortterm high has been posted. If it extends the rally off this month’s low, the reaction high crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
THE SWISS FRANC closed lower on Wednesday. The lowrange close sets the stage for a steady to lower opening when Thursday’s night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this week’s rally, the 50% retracement level of the JulyOctober decline crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm high has been posted.
See more analysis at Market Commentary | HY Markets
Friday 15th November 2013
SILVER closed higher on Thursday. The highrange close set the stage for a steady to higher opening when Friday’s night session begins trading. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off October’s high, October’s low crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets
Monday 18th November 2013
THE YEN closed higher on Friday. The highrange close sets the stage for a steady to higher opening when Monday’s night session begins trading. Stochastics and the RSI are neutral to bearish hinting that a high might be in or is near. Closes below Thursday’s high crossing would confirm that a shortterm high has been posted. If it extends the rally off this month’s low, the reaction high crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Tuesday 19th November 2013
THE EURO closed higher on Monday. The midrange close sets the stage for a steady opening when Tuesday’s night session begins trading. Stochastics and the RSI remains neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off October’s high, the 62% retracement level of the JulyOctober rally crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets
US OIL closed higher on Tuesday. The highrange close sets the stage for a steady to higher opening when Wednesday’s night session begins. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. If it extends the decline off August’s high, the 75% retracement level of the AprilAugust rally crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Thursday 21st November 2013
THE YEN closed lower on Wednesday. The lowrange close sets the stage for a steady to lower opening when Thursday’s night session begins trading. Stochastics and the RSI are neutral to bearish hinting that a high might be in or is near. Closes below Thursday’s high crossing would confirm that a shortterm high has been posted. If it extends the rally off this month’s low, the reaction high crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
STERLING closed higher on Thursday. The highrange close sets the stage for a steady to higher opening when Friday’s night session begins trading. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the aforementioned decline, the 38% retracement level of the JulyOctober rally crossing is the next downside target. Closes above Wednesday’s high crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets
