Gold Analysis On August 14th, 2014: Beware of 1304.95 Breakout

Gold price remains sideways. Hourly stochastic and CCI are overbought so beware of correction back to the support at 1304.95. If bullish ...

Yellen Dashed Any Hope For Dollar Recovery

The Fed Governor, Janet Yellen, speech in IMF yesterday effectively erased any hope for sooner Fed rate hike . Rather than worrying about ...

The Significance of PMI on Currency Fluctuations

Purchasing Managers Index , or what is known as PMI , is an economic report that draws conclusion from business surveys and indicate...