


Technical Analysis
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Gold Price Analysis– May 20, 2013
The XAU/USD (Gold vs. the American dollar) pair continued to sink after a report released by the University of Michigan showed its consumer sentiment index rose to 83.7 from 76.4. After falling for seven days in a row, gold prices settled at $1355.57 an ounce on Friday, the lowest settlement since April 16 Successful Trades on Mar 20, 2013 According to the analysis of the USD/CAD and EUR/USD trader profited on a binary options platform. Crude Oil Price- May 20, 2013 The WTI Crude market has seen quite a bit of choppiness recently, and although the day was positive during Friday, I had recently expressed that I was going to start following the shorter-term charts. Quite frankly, no matter what news crosses the wires at the moment, the market simply needs to grind its way back and forth. EUR/GBP Daily Outlook- May 20, 2013 The EUR/GBP pair had a positive session on Friday, but as you can see we remain stuck in a fairly tight consolidation area. With even more interesting is the fact that the weekly chart has pretty three shooting stars in a row, all of which are sitting just above the 0.8400 handle. USD/CAD Daily Outlook- May 20, 2013 The USD/CAD pair had a very strong showing on Friday, as the United States Dollar continues to out power all other currencies on the whole. Look in this market, the 1.03 level was a resistance area that I have marked out on the chart previously, and as you can see that exactly where we stopped for the session. EUR/USD Daily Outlook- May 20, 2013 The EUR/USD pair fell during the session on Friday again, breaking the bottom of the neutral candle that we had printed on Thursday. Because of this, it is obvious this pair has significant weakness in it, and of course the lack of economic performance out of the European region isn't going to help Weekly FX Forecast- May 19, 2013 The AUD/USD pair fell drastically during the past week, and closed at the very bottom of the range. This market looks very vulnerable at the moment, and I think that we are going to seriously test the 0.9650 support level. The gold markets certainly aren’t helping the situation either Gold ETP holdings dumped as price slump continues Mon, 20 May 2013 15:55:14 GMT EURJPY likely to commit one way or another soon Mon, 20 May 2013 15:52:37 GMT Topix, FTSE China A50, Hang Seng, Hang Seng CE Index, USDJPY, Kospi, Nikkei 225 Mon, 20 May 2013 14:35:48 GMT Chile Flows: CLP under pressure after soft GDP print Mon, 20 May 2013 14:09:10 GMT Chart AUD/USD Update: Reached resistance at 0.9795/00 Mon, 20 May 2013 14:03:51 GMT GBPCHF struggling with 200 and 250-day moving averages Mon, 20 May 2013 13:46:54 GMT EUR/USD: quiet ranges across the board Mon, 20 May 2013 13:36:45 GMT |



