Silver and Platinum Price Action Not Supporting Gold Fervor

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Price & Time covers key technical themes daily and can be delivered to your inbox each morning by joining the distribution list: Price & Time read more

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Silver Should Be Trading At $14.93 According to Gold

DailyFX.com –

The technical outlook is little changed for silver.

The overall trend is bullish above the January 22 low of $14 and the next resistance level and target for bullish traders is the December 7 high of $14.58, a target silver should be able to reach so long as its correlation to the price of gold holds up. My latest fair-value-estimate suggests that silver should be trading at $14.93 on gold prices trading at or above $1124.5. read more

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EURUSD Consolidation Break Imminent- Levels To Know

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Talking Points

EURUSD Daily read more

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USD/CAD Caught in Range Under 1.4075

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Talking Points

  • The USD/CAD opens Fridays trading in a 97-pip range
  • Range resistance is found at 1.4075
  • Bearish breakouts begin under 1.3930

USD/CAD 30 Minute Chart read more

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EUR/USD Advances Before FOMC Event

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Talking Points

  • The EUR/USD trades higher before FOMC
  • Bullish breakouts begin over 1.0913
  • Bullish reversals begin under 1.0882

EUR/USD 30 Minute Chart read more

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USD/JPY Reverses From False Breakout

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Talking Points

  • The USDJPY rebounds from a false breakout
  • Bullish breakouts begin over 118.66
  • Bullish reversals begin under 118.49

USD/JPY 30 Minute Chart read more

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USD/CAD Breakouts Begin Over 1.4030

DailyFX.com –

Talking Points

  • The USD/CAD attempts breakout over 1.4030
  • Potential bullish targets include a 1X range extension to 1.4105
  • Bearish reversals begin under 1.4086

USD/CAD 30 Minute Chart read more

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The Fed Finally Hiked Rates. Now what for the Dollar?

DailyFX.com –

The Fed Finally Hiked Rates. Now what do we Watch for the Dollar?

Fundamental Forecast for the US Dollar: Bullish read more

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Oil and Stocks Lead the Asian Rebound while Gold Calms

Oil and Stocks Lead the Asian Rebound while Gold Calms

Thursday, Jan 21, 2016 2:56 pm EST

Talking Points:

  • Gold calmed as Asia market turned to buying risk again
  • Oil bounced back to 28 yet under threat of stock build in DoE report today
  • Copper rose the most, leveraging on stocks and oil recovery

Asia market started the day with a mild risk-on mood. Regional stocks made recovery attempts from yesterday’s lows. Similar things occurred in commodities: oil bounced back to 28s and copper returned to Tuesday levels. read more

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