Friday 16th January 2015
SPOT GOLD closed higher due to profit taking on Thursday and below the 20day moving average crossing confirming that a shortterm top has been posted. The lowrange 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 nearterm.Closes above reaction high crossing would confirm that a shortterm low has been posted
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Urgent Company Statement – Swiss Franc Movement (CHF)
CHFFOREX TRADINGHY MARKETS NEWS Jan 16, 2015 Your Comments
We’d like to confirm that our financial position is unaffected following the extreme movement in the price of the Swiss franc yesterday. We want to reassure all our clients that our systems, controls & policies properly manage the firm’s position & credit risk. We would also stress that all retail client funds continue to be segregated on a daily basis in accordance with FCA rules., and that the Firm continues to hold Regulatory Capital well in excess of the amounts required by the FCA.
Original: Urgent Company Statement - Swiss Franc Movement (CHF) - CHF, Forex trading, HY Markets News
Monday 19th January 2015
THE EURO closed lower on Friday and the midrange close sets the stage for a steady opening on Monday. Stochastics and the RSI remain neutral to bearish signalling that sideways to lower prices are possible nearterm. If it extends the aforementioned decline,monthly support crossing is the next downside 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
THE EURO closed higher on Monday. Monday’s highrange close sets the stage for a steady to higher opening when Tuesday’s night session begins trading. Stochastics and the RSI have turned bearish again signalling that sideways to lower prices are possible nearterm. If it renews the aforementioned decline,monthly support crossing is the next downside target. Closes below the 20day moving average crossing are needed to confirm that a top has been posted.
Tuesday 20th January 2015
Wednesday 21st January 2015
THE YEN closed higher on Tuesday and the highrange close sets the stage for a steady opening when Wednesday’s night session begins trading. Stochastics and the RSI are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it renews the rally off October’s low, weekly resistance crossing is the next upside target. If it renews the decline off January’s high, the reaction low crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Thursday 22nd January 2015
THE EURO closed higher 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 bearish signalling that sideways to lower prices are possible nearterm. If it extends the aforementioned decline, monthly support crossing is the next downside 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
Friday 23rd January 2015
THE YEN closed higher on Thursday and the highrange close sets the stage for a steady opening when Friday’s night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that additional strength is possible nearterm. If it extends the rally off October’s low, December’s high crossing is the next upside target. Closes above the 10day moving average crossing are needed to confirm that a shortterm bottom has been posted.
See more analysis at Market Commentary | HY Markets
Monday 26th January 2015
THE YEN closed lower on Friday. The lowrange close sets the stage for a steady to lower opening when Monday’s night session begins trading. Stochastics and the RSI are turning bearish signalling that sideways to lower prices are possible nearterm. If it extends the decline off January’s high, the reaction low crossing is the next downside target. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted.
Market Commentary | HY Markets
Tuesday 27th January 2015
THE EURO closed higher due to short covering on Monday as it consolidated some of the decline off December’s high. The highrange close sets the stage for a steady to higher 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 aforementioned decline, monthly support crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Wednesday 28th January 2015
THE EURO closed higher on Tuesday. The highrange close sets the stage for a steady to higher opening on Wednesday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends today’s rally, weekly resistance 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
Thursday 29th January 2015
THE EURO 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 this summer’s decline, monthly support crossing is the next downside target. Closes below the 20day moving average crossing are needed to confirm that a top has been posted.
See more analysis at Market Commentary | HY Markets
Friday 30th January 2015
THE SWISS FRANC 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 are turning neutral to bullish signalling that sideways to higher prices are possible nearterm. Multiple closes above the 20day moving average crossing would confirm that a shortterm bottom has been posted. If it renews the decline off January’s high, December’s low crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Monday 2nd February 2015
THE EURO closed lower on Friday renewing the decline off December’s high. The lowrange close sets the stage for a steady to lower opening when Monday’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 December’s high, the 38% retracement level of the JulyDecember rally crossing is the next downside 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
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Tuesday 3rd February 2015
THE YEN closed higher on Monday. Monday’s lowrange close sets the stage for a steady to lower 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 January’s high, the 62% retracement level of the OctoberJanuary rally crossing is the next upside target. Closes above the 20day moving average crossing would confirm that a shortterm bottom has been posted.
See more analysis at Market Commentary | HY Markets
Wednesday 4th February 2015
THE EURO closed higher on Tuesday and the highrange close sets the stage for a steady to higher opening on Wednesday. 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 would confirm that a shortterm top has been posted. If it extends January’s rally, weekly resistance crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Thursday 5th February
THE YEN closed lower on Wednesday. The lowrange close sets the stage for a steady opening when Thursday’s night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that sideways to lower prices are possible nearterm. If it extends the decline off January’s high, the 62% retracement level of the OctoberJanuary rally crossing is the next downside target. Closes above the 20day moving average crossing would confirm that a shortterm bottom has been posted.
See more analysis at Market Commentary | HY Markets
Friday 6th February 2015
SPOT GOLD closed higher on Thursday extending the rally off January’s low. The highrange close sets the stage for a steady to higher opening when Friday’s night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off December’s low, the 50% retracement level of the AugustDecember decline crossing is the next upside target.
See more analysis at Market Commentary | HY Markets
Monday 9th February 2015
THE EURO closed slightly lower on Friday. The lowrange close sets the stage for a steady opening when Monday’s night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the aforementioned rally, the reaction high crossing is the next upside target. Closes below the 20 day moving average crossing would confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets
Tuesday 10th February 2015
THE YEN closed lower on Monday. Monday’s lowrange close sets the stage for a steady to lower opening when Tuesday’s night session begins trading. Stochastics and the RSI are neutral to bullish hinting that a shortterm bottom might be in or is near. Closes above the 20day moving average crossing would confirm that a shortterm bottom has been posted. If it renews the decline off January’s high, the 62% retracement level of the OctoberJanuary rally crossing is the next downside target.
See more analysis at Market Commentary | HY Markets
Wednesday 11th February 2015
SPOT GOLD 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 decline off last October’s high, the 87% retracement level of the MayOctober 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
