Gold prices fall from yearly highs as the US Dollar gains strength.
Mexican Peso gains nearly 9% in the past 6 weeks. USD/MXN now sits near an important Fibonacci and moving average.
Gold prices remain down in the short term, as this weeks FOMC remains poised to shake up the US Dollar.
After declining to monthly lows, Silver prices are now consolidating ahead of the commodities next breakout.
The Price of Silver Continues to Slide and Test Support Near $18.83.
GBP/AUD trading for three continues months to the downside. Last session of trading showing struggle for GBP/AUD to register meaningful advance. Lower
EUR/USD has popped higher on today’s weaker than expected retail sales release. EUR/USD jumped to trend line resistance near 1.1240.
Volatility in DJIA continues near 17 month lows suggesting sideways to lower trade in the near term. Looking to buy dips so long as we are above 17,800.
NZD/CAD Fails To Break Previous Week High Level, RSI Starts To Show Momentum Loss To The Upside. Support And Resistance Trend Lines Mark Importance Zone
The EUR/USD opened higher, but has failed to convincingly break out above last Friday’s NFP high at 1.1120.
