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EUR/GBP Completed Rally. So, Will Falling To 0.885x

Short-Term, The Euro vs Pound Sterling continue to rally again after touched low at 0.8609 on 2011.05.26′s low. Today, almost testing 1X1 angel’s Gann (0.8609 on 2011.05.26′s low) as resistance in …


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Reaction In GBP Today Trading

The Minutes showed that the idea of using further asset pruchases to boost the economy is gaining traction among more BOE policy makers. The reason? The risk that the inflation will undershoot the …


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Gold Opens Up 1576 Above The 1550 Highs

Gold indeed continued a short-term rally after developing bottoming action early last week. The 4H chart shows the market about to test the 1550-1554 resistance zone. Daily chart shows that above t…


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Greek Government Success

The Greek government survived last night’s confidence vote, but there was virtually no sense of relief on the single currency. There are just too many huge hurdles to overcome, including agreeing t…