december

Good morning, AUD daily context remains bearish, so we consider 0.6790-0.68 area as interesting for short selling. Especially if daily bearish grabber will be formed today:

Good morning, Holidays delay a bit BTC performance as well, so mostly we see bearish reversal patterns on intraday charts. Additionally 17050-17100 area might be bad surprise for the bulls:

Merry Christmas, Gold market situation barely has changed. Downside impulse of GDP revision is still valid, and we consider 2nd chance bearish entry around 1797-1798 levels:

Fundamentals Yesterday, in FX report we've taken a look at recent data - GDP revision, consumption and some others. Indeed it has made proper impact on gold market as well. For example, upside GDP revision to 3.2% supported dollar, suggesting that Fed could be more stubborn with rate increasing...

Good morning, Technically EUR stands in the same range, showing no changes. In general bearish context is valid but sideways consolidation keeps risk of bullish dynamic pressure and upside spike when activity comes back:

Fundamentals As always markets become quiet before the Christmas and New Year's Day, and we do not have a lot of news and events with this period. Still, financial life doesn't stop totally and there are still few moments that we need to take a look at - just recall recent BoJ adventure. But...

Good morning, Gold is the only market that has shown strong performance yesterday. Now we consider 1800 and 1808 resistance levels for short entry:

Good morning, EUR still can't get started downside action, although bearish activity is rising on GBP and (bullish one) on DXY:

Good morning, Recent USD weakness supports BTC as well. Although context remains bearish, but we suggest that BTC could try to reach 17.40-17.50K before turning down again:

Good morning, Gold market has shown the performance that we've discussed yesterday and formed the grabber on top. Maybe it could work properly but bearish context still looks weak, we need more bearish signs for short entry:

Good morning, GBP is another currency that has shown unique action with no reaction on recent USD weakness. We hope that B&B on monthly chart is started, and watch for 1.2250-1.2296 resistance cluster to decide on short entry:

Good morning, Gold also is driven by surprising USD weakness, which in turn has happened due JPY action on a background Japan Gov Bonds collapse. We think that now it would be better to wait when market calms down a bit, as we do not exclude re-testing of the top and reaching of 1824$.

Good morning, Japan is a major news maker these days and a recent JPY performance is a hot topic now. Here is our special video report to explain what has happened, and what to expect on a technical side in near term:

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Good morning, Gold keeps daily bearish context, but now has chances to show more extended upside bounce, somewhere to 1800 area:

Good morning, Situation is changing slowly on EUR and JPY performance yesterday has brought some nervousness. Overall action has weak bearish tendency, so you could either wait for more clarity, or consider 1.0620 intraday resistance for short entry:

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Good morning, BTC context remains bearish. We suggest that 17.15-17.25 Resistance area could be considered for short entry:

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...

Good morning, As a degree of uncertainty is rising, gold is getting higher chances to meet over-demand in long term and first signs we already see now. In short term we're moving with the retracement down, supposedly to 1685-1700 area: