Gold hit a 7-week low on Dec. 22 from recent optimistc data of the U.S. economy. For example, U.S. existing housing sales jumped more than expected, and GDP grew at a 2.2% rate in the third quarter, the fastest pace in two years, amid a larger-t 6 Vote(s) Read More Gold, Dollar and Euro A [...]
Posted in FX News | Tagged 2010, a, and, dollar, euro, gold, into, love, triangle
Weekly and Daily: The USD/CAD continues to consolidate above the parity level, now forming a triangle pattern. A break below 1.0400 spells further decline to parity. A break above the triangle spells short-/intermediate-term target at 1.1100, and 5 Vote(s) Read More Daily Technical Update USD CAD Stalking Triangle Pattern
Posted in FX News | Tagged daily, pattern, stalking, Technical, triangle, update, usdcad
