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EUR/USD Bullish not Clear

The EUR/USD make surprise last week(refer to Greece Crisis Update: Default), there’re good in my Gann study. The sharply up with 1X2 angel’s Gann, my opinion would be down first. Now, the market st…


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Should Concern About Gold Price?

Last week Gold hit a new record high, and the business press is now breathlessly reporting that gold futures broke $1,600 per ounce for the first time. …gold is a classic hedge against inflation,…


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3 Releases Showing Germany’s Economy May Be Slowing…

The most recent bout of financial turmoil undercut that EUR strength in the medium term, and the 2 main questions going forward will be if the markets react positively to the EU Summit’s agreements…


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China Ups Treasury Holdings in May

China, the largest foreign holder of American debt, continued to purchase a large amount of U.S. Treasuries in May. China increased its known holdings by $7.3 billion to $1.16 trillion. May marked …