Friday 16 January 2015

15th January 2015

Market Commentary -


US DX

92.249  +0.109 +0.14%

The US DX makes modest gains in a turbulent session dominated by the news events surrounding the CHF and the EUR.  Support now at 90.663 and Resistance at 94.273





EUR/ USD

1.16328  -0.00022 -0.02%

EUR is not seeing the brightest of times as the Swiss National bank decouples is a shock move that saw the CHF soar in value . Eur support seen at 1.14427  with resistance now at 1.18867.


Crude Oil

47.13 +0.40 +0.81%

The CL is relatively quiet is a day where the spotlight is on the EUR. Support now seen at 42.66 with resistance at 53.06.


Gold 

1259.505 -1.615 -0.13%


Gold makes gains with the CHF once again proving the old adage that Gold and the CHF are the world's best known safe haven in times of trouble and uncertainty. Support now at 1211.6 and resistance at 1293.8


Pieter Bergli - DeLoren Trust Holdings

Forex education currency markets understanding

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