Is China increasing its gold reserves to make Yuan a reserved currency? Leave a comment Read more »

Is China increasing its gold reserves to make Yuan a reserved currency?

China will be boosting its gold reserves as the precious yellow metal only makes up a small share of its FOREX holdings. The country has yet to make an announcement on how much gold it will have in…


EUR/USD Trading Set-up Ahead NFP Leave a comment Read more »

EUR/USD Trading Set-up Ahead NFP

EUR/USD Trading Set-up Ahead NFP. I still prefer, the Euro now in bearish scenario. Weekly fibo-pivot point S3 @ around 1.2513. Gann’s price&timing provide under dead cross also. Take a look at mi …


US GDP Second Quarter 2014, 3rd Estimate Leave a comment Read more »

US GDP Second Quarter 2014, 3rd Estimate

The output of goods and services produced by labor and property located in the United States — increased at an annual rate of 4.6 percent in the second quarter of 2014, according to the “third” es…


Euro Update: Draghi Keynote Speech; Lithuania Leave a comment Read more »

Euro Update: Draghi Keynote Speech; Lithuania

The Euro hits 22 months low currently facing 1.2659 of 11/11/2012′s low. The weekly chart S3 is 1.2712, so I focus downward to 1.25xx level as weekly price&timing method.


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