Tuesday 1st July 2014
THE EURO closed higher on Monday and the highrange close sets the stage for a steady to higher opening when Tuesday’s night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends this week’s rally, the reaction high crossing is the next upside target. If it resumes the decline off May’s high, the 50% retracement level of the 20132014rally crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Thursday 3rd July 2014
SILVER closed higher on Wednesday. The highrange close set the stage for a steady to higher 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 month’s rally, the 75% retracement level of the FebruaryMaydecline crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Friday 4th July 2014
THE EURO closed lower on Thursday. The lowrange close sets the stage for a steady opening when Friday’s night session begins trading. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. Closes above the 20day moving average crossing would temper the nearterm bearish outlook. If it extends the aforementioned decline, the 38% retracement level of the 20132014rally crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Good morning
Thanks for the useful analysis man. I will keep an eye on the pair for today.
Cheers
Monday 7th July 2014
THE EURO closed lower on Friday and the lowrange close sets the stage for a steady to lower opening when Monday’s session begins trading. Stochastics and the RSI are neutral to bullish hinting that a low might be in or is near. Closes above the 20day moving average crossing would temper the nearterm bearish outlook. If it extends the aforementioned decline, the 38% retracement level of the 20132014rally crossing is the next downside target.
See more commentary at Market Commentary | HY Markets
Tuesday 8th July 2014
THE YEN closed lower on Monday. Monday’s lowrange close sets the stage for a steady opening when Tuesday’s night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off February’s low, the reaction high 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
Thursday 10th July 2014
THE EURO closed higher on Wednesday. The highrange close sets the stage for a steady to higher opening when Thursday’s night session begins trading. Stochastics and the RSI are turning neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off July’s low, June’s high crossing is the next upside target. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets
onday 14th July 2014
THE EURO closed higher on Friday and the highrange close sets the stage for a steady to higher opening when Monday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish hinting that a shortterm top might be in or is near. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted. If it extends the rally off July’s low, June’s high crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Tuesday 15th July 2014
THE SWISS FRANC closed lower on Monday. The lowrange close sets the stage for a steady opening when Tuesday’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 decline off last week’s high, the reaction low crossing is the next downside target. Closes above the 10day moving average crossing would temper the nearterm friendly outlook.
See more analysis at Market Commentary | HY Markets
Wednesday 16th July 2014
THE EURO closed lower on Tuesday and the lowrange close sets the stage for a steady to lower opening when Wednesday’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, May’s low 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
Thursday 17th July 2014
THE YEN closed higher on Wednesday. The highrange close sets the stage for a steady to higher opening when Thursday’s night session begins trading. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible nearterm. Closes below the 20day moving average crossing are needed to confirm that a high has been posted. If it renews the rally off June’s low, the reaction high crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Friday 18th July 2014
THE EURO gapped up and closed above the 20day moving average on Thursday confirming that a low has been posted. The low range close sets the stage for a steady opening when Friday’s night session begins trading. Stochastics and the RSI are turning bullish signalling that sideways to higher prices are possible nearterm. If it extends this week’s rally, June’s high crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
In the absence of major economic events, the dollar traded unchanged or lower than most G10 counterparts this morning Friday. Weakened against the NOK, SEK, AUD and CAD in this order, while appreciated versus the JPY. The dollar was unchanged against the CAD, CHF, GBP and EUR.
The Gold followed a similar pattern to the Yen as a “safe-haven” asset. The precious metal rose about 1.70% after the news of the plane crash in Malaysia but lost some of its gains as the uncertainty of events weakened. The trend of commodity confirmed my opinion that some of the risk off trades that were made yesterday were likely to be reversed.
Monday 21st July 2014
THE EURO closed lower on Friday as it extends the decline off this month’s high. The highrange close sets the stage for a steady to higher opening when Monday’s night session begins trading. Stochastics and the RSI are oversold but remain neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends this month’s decline, January’s low crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Tuesday 22nd July 2014
SPOT GOLD 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 are neutral to bullish signalling that sideways to higher prices are possible nearterm. Multiple closes above the 20day moving average crossing are needed to confirm that a shortterm low has been posted. If it resumes the decline off July’s high, the reaction low crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Wednesday 23rd July 2014
THE EURO closed lower on Tuesday and below June’s low as it extends the decline off this month’s high. The lowrange close sets the stage for a steady to lower opening when Wednesday’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 this month’s decline, the 50% retracement level of the 20132014rally crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a low has been posted.
See more analysis at Market Commentary | HY Markets
Thursday 24th July 2014
STERLING 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 signalling that sideways to lower prices are possible nearterm. If it extends the decline off last week’s high, the reaction low crossing is the next downside target. If it renews the rally off May’s low, monthly resistance crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Thanks for the review, very insightful.
Thank you 
Wish you big profits today! :57:
Tks, I´ll use this info for my next week plans