For those that recall this commentary, Gold down today USD14.8/oz

Spider's Den

Trend broke my lower channel, so I expect limited upside for remainder of the day, mainly down trend.

Spider's Den

I'm with Goldman Sachs, we may get a few tests to 1300 in next couple of days, but mainly see it going down slowly for remainder of the year. url

Only Gold!

EUR/USD - I see a range of 1.12452 - 1.12883 by NY Open 8am. I may take a short position if it is at the upper range just before NY Open. If trend continues past NY Open, then see a target of 1.13522, but I expect this trend to break south.

Spider's Den

Not sure if I'm game enough to take a long position on EUR/USD. Think we may get selling pressure when NY opens. 3-3.5hrs time

EURUSD

Fellow Spiders Attached is a (free) link to upcoming economic data on the calendar. Website is updated reasonably quick upon release of data: url

Spider's Den

This recovery on the EUR/USD looks a bit like the recovery on the AUD/USD pair the day after BoC decision. Once NY opened on that day of recovery, the candles on the chart went very wide, and the bears won, the AUD/USD got smashed down to new lows. ...

Spider's Den

Australia is not a major player in Oil (like Saudi's, US, Russia, Canada, etc), but it will be the largest exporter of LNG in the near future (by 2020). LNG is currently linked to Oil Price, but there are plans to de-link this, and it will be ...

AUD/USD

Curious on views here. As Syriza has been voted in, there is an increased chance of Greek exit. I still think this chance is pretty low. Nonetheless, assume Greece exit and return to Drachma. Upon conversion of Euro's to Drachma's, then doesn't this ...

EURUSD

With Syriza now very very very likely to win Greek Elections, Grexit is more probable now. I don't think Greece will exit the Euro. However, I would think that in the lead up to Syriza's meetings with the ECB, Creditors and IMF to negotiate the debt ...

Only Gold!

Good comeback on EUR atm... Still think its going to be sold heavily agst USD when NY opens.

EURUSD

Given public holiday in Australia, we may see limited demand for the currency, it may just continue to creep lower today.

AUD/USD

I have read this in a couple of sources. It is estimated that their Central Bank holds closer to 4000 tonnes of gold, as opposed to 1000 tonnes which was reported and unchanged since 2009.

Only Gold!

Growing number of FX forecasters predict EUR/USD will nudge close to parity by 2016. Based on that, do you think they latest price slide could precipitate further selling pressure? I don't think the carnage is over considering how it slid to 1.12 on ...

Spider's Den

Am new to this thread, Hi all. Anyone willing to share any current fundamental analysis on NZD and NZ economy, particularly forecast rate decisions?

AUDNZD

Am new to this thread, and I definitely think we'll get some swings in the AUD/USD pair in the next 7 trading days. I'm not convinced the RBA will cut rates in the next couple of months. I have a connection at a large Australian Home Construction ...

AUD/USD

Careful at this level now. If it breaks 1.122 - game on to 1.118

EURUSD

Looks like the Euro is going tank again...

EURUSD

Golden Dawn and maybe parity!

EURUSD

Euro weakness on Monday: Syriza or Golden Dawn elected in Greece; the latter unlikely. Euro Neutral on Monday: Current Party elected.

EURUSD