Fundamental analysis for precious metals silver - 10/10/2008

The upside direction gathered more bullish momentum and we are now targeting the 12.49 level and could extend it to 13.84 which are the 23.6% and 38.2% corrections for the downside channel that started on July 15, 2008. Trading above the 11.30 level will keep the upside trend valid.The trading range... (Oct 10, 2008 4:21AM)

Fundamental analysis for precious metals gold - 10/10/2008

Further attempts to breach the 61.8% at 920 are witnessed as gold is trying to complete the correction at 955.20 for the wave that was initiated on March 17, 2008. Trading above 920 for today will open the way for levels near the mentioned resistance level, but we still see a sideways trend.The trad... (Oct 10, 2008 4:21AM)

Yen due for a correction

The yen is due for a corrective retreat, but caution will prevail (Oct 09, 2008 6:35AM) 1 votes

Fundamental analysis for precious metals silver - 10/9/2008

Reaching the target at 11.90 and reversing from it resulted in a neutral trend with tendency to the downside. We expect today the 11.41 level to be the pivot point separating further declines froma reverse to the upside but despite that, we believe the trend for today will remain sideways within the... (Oct 09, 2008 4:51AM)

Fundamental analysis for precious metals gold - 10/9/2008

The 61.8% correction level was able to pressure the pair to the downside once again. This level is at 918.70 and as far as trading remains below this level we expect to see further declines whereas after the short term upside trend was broken, the trend now has become neutral. The trading range for ... (Oct 09, 2008 4:51AM)

Fundamental analysis for precious metals silver - 10/8/2008

Silver set the target successfully at 11.65 yesterday and today we can see its attempts to trade above it; if trading was valid above this level we will target higher at 11.90 and maybe extend it towards 12.35. The trading range for today might extend among the resistance level at 12.35 and the supp... (Oct 08, 2008 8:51AM)

Fundamental analysis for precious metals gold - 10/8/2008

The bullish technical pattern yesterday managed to be part of another pattern that was completed today in the Asian session with gold's heading towards 910-925; for that we expect the upside to prevail over the short term with high volatility over intraday trading, while the medium term trend is sti... (Oct 08, 2008 8:51AM)

CHF/USD Fundamental Outlook at 1500 GMT (EST + 0500)

The Swiss franc appreciated vis-à-vis the U.S. dollar today as the greenback tested bids around the CHF 1.1360 level and was capped around the CHF 1.1485 level. (Oct 07, 2008 12:55PM)

GBP/USD Fundamental Outlook at 1500 GMT (EST + 0500)

The British pound moved higher vis-à-vis the U.S. dollar today as cable tested offers around the US$ 1.7655 level and was supported around the $1.7320 level. Bank of England reported it will hold two forward auctions in U.S. dollars with the Federal Reserve to provide extra liquidity during the yea... (Oct 07, 2008 12:55PM)

CNY/USD Fundamental Outlook at 1500 GMT (EST + 0500)

The yen depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the ¥103.30 level and was supported around the ¥101.25 level. The pair reclaimed some of the major ground it lost yesterday as traders reacted to enhanced coordination between global central banks. (Oct 07, 2008 12:53PM)

EUR/USD Fundamental Outlook at 1500 GMT (EST + 0500)

The euro appreciated sharply vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3740 level and was supported around the $1.3480 level. The common currency bounced back from yesterday’s sizable losses as the markets remain highly volatile and susceptible to credit-d... (Oct 07, 2008 12:52PM)

Turmoil boosts yen

The yen will gain on any renewed increase in tensions, but official action is likely to stem gains (Oct 07, 2008 6:28AM)

• EUR / USD
• USD / JPY
• GBP / USD
• USD / CHF
• AUD / USD
• USD / CAD
• EUR / JPY
• AUD / JPY
• GBP / JPY
• EUR / GBP
• GBP / CHF
• EUR / CHF