no, it's just dollar weakness after the Fomc meeting area 1298 - 1305 is an even better sell opportunity we can't call gold a bargain at 1270 USD...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

looks like profit taking has started unless fomc is very negative on US and USD, I'd expect it to see at 1250 -1266 before trying to go up again

XAU/USD & XAG/USD - Gold & Silver Traders Thread

short from 1282.35 watch out for a close below 1280, that could lead to some dip towards previous high at 1265 where I would be a buyer again looking to place a stop at entry (gold is very quick so I need at least 4 USD profit to lock my position) ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

so Estonia will use euro soon, with all my respect for the country, I don't think the news will move the market but the fact that ECB bought irish bonds on Friday yes indeed...

EURUSD

also, considering that 0,9389 was a 2 years high, I guess it gave way bit too quickly not to be restested again quite soon as support...

AUD/USD

there are options in play at 0,9475 - 0,95 I had advised you on Monday not to short it when it was below 0,93. this and RBA selling should slowly stop the rise and a drop could be seen after one or two days of consolidation pullbacks, that could ...

AUD/USD

don't short or you'll be trapped also going long could not be a good idea at such a price so I'd be short but at higher levels, above 0,9450 if it goes there plenty of stops above 0,94, when they will be hit, many buyers could emerge and then it ...

AUD/USD

or buy some greek debt...why not??

EURUSD

there is no weekend price, there's only a market price tomorrow expect a flat, maybe slightly higher opening. sell the strenght should work again in the short term

EURUSD

trading is not just about fundamental apart from the fact that RBA, like every other central bank, is there to adjust rates and keep them at the most appropriate level, but if Australian rates are now at 4,50% is simply because economy is growing, ...

AUD/USD

went short at 1249 on Friday after US data drop and recovery main trend is clearly bullish with 1265 highs to cap but in the last weeks we noticed the market was more willing to invest into risky assets and risk currencies again if this will ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I see 0,8370 - 0,84 as a good area to start a short position sterling is still weak, while EUR quite supported on dips they may take stops above last week's high (0,8350) and then finally work the cross down

EUR/GBP - What a great pair to trade!

much will depend on RBA tomorrow sell orders around 0,92 - 0,9220, with stops likely above that level new government and mining tax are also an issue on AUD, but as always much will depend on equities by the way, RBA should stay on hold tomorrow, ...

AUD/USD

as I said market can respond in different ways, but is a fact that the buying happens every last one or two days of every month all this COULD givee chance to collect EURGBP on dips, sell GBPUSD (as they would use this pair to gain levels on the ...

EUR/GBP - What a great pair to trade!

because it was Bank Holiday in England yesterday today month end volumes will be much higher, I will sell on strenght 0,8230 - 50

EUR/GBP - What a great pair to trade!

remember that EURGBP always rises in the last one/two trading days of the month due to the commitment for the payment of the wages in Euro, as some Central Banks sell GBP to buy EUR I have bought today at 0,8160 - 70 and closed around 0,82 will use ...

EUR/GBP - What a great pair to trade!

looks like a hung parliament....aud should not perform well in the coming sessions...

AUD/USD

don't fight the trend, and the short term trend is definitely up I also would be a seller on strenght, but would rather sell at 1.26 - 27 than at 1.23....

EURUSD

one of the most impotant things to learn in fx in my opinion is avoid trading pairs that have no clear set up it looks like is the case of cable at the moment.... wait for 1.4770 or 1.4230 to be breached and you'll see things better. it seems like ...

Cable Update (GBPUSD)

0,8365 / 70

AUD/USD