Technical forecast for Spot Gold

Spot Gold rocketed through all resistance to gain almost $80 in a day & reach 1365. This happens to be 50% Fibonacci resistance so only a break above trend line resistance at 1372 would allow further gains today with a target of 1379/80.

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Technical forecast for USD/JPY

USDJPY broke 98.25/20 to reach 97.73. We are now testing resistance at 98.41 but above 98.50 allows a move towards resistance at 98.77/83. This area could hold the

Technical forecast for USD/JPY

USDJPY recovered above support at 98.76/70 & has beaten resistance at 99.15 as we look to 99.45/50 for a selling opportunity with stops above 99.75. We can then

Technical forecast for Spot Gold

Spot Gold tested resistance at 1335/37 to take profit as expected & saw a high for the day as predicted. Prices then sold off to retest of 1307/05

Technical forecast for GBP/USD

GBPUSD topped at 1.5963 & fell back to support at 1.5895/85 which has held the downside as expected so far at least. However the outlook is quite negative

Technical forecast for EUR/USD

EURUSD hit our next target of 1.3375/80 & topped exactly here. Good support at 1.3325/20 also held profit taking as predicted & we bottomed exactly here. However the

Technical forecast for S&P 500

Emini S&P Dec13 tested all time highs at 1704/05 & saw a sharp rejection to leave a bearish double top. This is a worryingly negative pattern in a

Technical forecast for USD/JPY

USDJPY has sold off over night to 98.43 but we have recovered above support at 98.76/70. The outlook is quite negative with resistance at 99.15 but above here

Technical forecast for GBP/USD

GBPUSD beat 1.5850 to hit all our targets & over night has continued higher to 1.5958. The next big resistance is now at 1.5990/6010. If this target is

Technical forecast for S&P

Emini S&P Sep13 in a strong bull trend & has broken all time highs at 1704/05 to reach 1710. If we continue higher look for 1714/15 then 1718/19. Immediate