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EURUSD
1.3677 | 1.3679
USDJPY
90.54 | 90.56
GBPUSD
1.5063 | 1.5065
USDCHF
1.0687 | 1.0689
AUDUSD
0.9150 | 0.9152
USDCAD
1.0242 | 1.0244
GOLD
1108.90 | 1109.40
SILVER
17.15 | 17.20

Latest News:

forex guide

04 November 2009

17:54 =CORRECT(11/3): CHARTING MARKETS: Gold On Track To $1,100-plus Targets

("CHARTING MARKETS: Gold On Track To $1,100-Plus Targets," published Tuesday, Nov. 3, at 2:40 p.m. EST, included an erroneous support level. The corrected version follows.)

 
   By Stephen Cox, CMT 
   A DOW JONES NEWSWIRES COLUMN

NEW YORK (Dow Jones)--Comex gold is that freight train that traders say you should never try to kiss. The December contract is as of this writing nearly $31 an ounce higher on the day, having earlier risen to futures` current all-time high of $1,087.30 an ounce.

The established bull market means that I conversely will now be looking for potential tops. I believe I`ve found a potential bull trap - at least what I`m looking at is a potential profit-taking point.

First, I won`t kiss. I`ll only tell you what I wrote in this column on Monday: the nearby Comex contract may test $1,165.20 target resistance by the end of this year, although such a move would of course depend on the speed of the uptrend, which is strictly an imponderable now. Alternatively, the nearby contract might test an interim top at $1,098.40 next year, and decisive trading above $1,098.40 might not end before $1,197.50.

If gold`s impressive bull market is going to go off the rails, then I believe it will happen when $1,113.20 resistance is tested.

The nearest stop for long-term traders is $1,066.10 support.

-By Stephen Cox, Dow Jones Newswires; 212-416-2212; stephen.cox@dowjones.com

(Stephen Cox, a chartered market technician, is chief technician for Dow Jones Newswires.)

(Data by CQG)

TALK BACK: We invite readers to send us comments on this or other financial news topics. Please email us at TalkbackAmericas@dowjones.com. Readers should include their full names, work or home addresses and telephone numbers for verification purposes. We reserve the right to edit and publish your comments along with your name; we reserve the right not to publish reader comments.

Click here to go to Dow Jones NewsPlus, a web front page of today`s most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=Qbya3brx0WJJJn5dIJcL1g%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

November 04, 2009 10:52 ET (15:52 GMT)

17:53 =CORRECT: (11/3) CHARTING MARKETS: Gold On Track To $1,100-plus Targets

24 August 2009

22:00 DJ CHARTING MARKETS: Euro/Dollar Pointed Higher

 
   By Stephen Cox 
   A DOW JONES NEWSWIRES COLUMN 
 
              10Y-Note  Euro$    DJIA   Nasdaq     S&P    S&P/TSX   $Index 
              (CBOT U) (CME U)           Comp      500                ICE 
Next Resist.   119-29   99.71  9974.00  2052.50  1059.82  11171.32   80.31 
First Resist.  118-31   99.66  9736.70  2033.60  1035.44  10900.51   79.69 
 
First Support  116-20   99.53  9353.00  2012.70  1006.93  10502.86   77.28 
Next Support   115-60   99.49  9151.60  1983.79   981.02  10385.36   76.46 
 
               EUR/$    $/Yen  Nikkei    JGB    CRB     Gold      Crude 
                                       (TSE U) Index  (Comex Z) (Nymex V) 
Next Resist.   1.4538   96.89  11024   140.10  264.54  977.00     77.70 
First Resist.  1.4438   95.15  10800   139.41  262.38  965.00     76.11 
 
First Support  1.4217   93.43  10374   138.69  256.31  942.80     67.84 
Next Support   1.4143   92.25  10180   138.15  250.45  936.70     64.92

Intraday stops define a technical stop-and-reverse point between first support and first resistance.

T-note: Stop intraday trades of the contract at 117-22. Stop intraday trades of the yield at 3.453%.

Eurodollar: The contract is going for first or for second resistance. Stop trades at 99.60

Nasdaq: The index is going for first resistance. Stop intraday trades at 2019.90.

S&P: Stop intraday trades at 1020.71.

DJIA: Stop intraday trades at 9562.50.

S&P/TSX: Stop intraday trades at 10702.30.

$ Index: Stop intraday trades at 78.33.

RJ/CRB: Stop intraday trades at 259.02.

Gold: Stop intraday trades at 955.70.

Crude: Stop intraday trades at 73.53.

EUR/USD: Look for an early intraday rally to test first resistance. Stop intraday trades at 1.4314.

JGB: Stop intraday trades at 138.87.

USD/JPY: Stop intraday trades at 94.57.

Nikkei 225: Stop intraday trades at 10587.

(Stephen Cox, a chartered market technician, is chief technician for Dow Jones Newswires. He can be reached at 212-416-2212 or by email: stephen.cox@dowjones.com)

(Data by CQG)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=volVj0Da4Km1o4h%2FMmQEQA%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

August 24, 2009 15:00 ET (19:00 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.

21 August 2009

23:24 DJ CHARTING MARKETS: Nasdaq Composite Headed Higher

 
   By Stephen Cox 
   A DOW JONES NEWSWIRES COLUMN 
 
              10Y-Note  Euro$    DJIA   Nasdaq     S&P    S&P/TSX   $Index 
              (CBOT U) (CME U)           Comp      500                ICE 
Next Resist.   119-29   99.71  9736.70  2052.50  1059.82  11171.32   80.31 
First Resist.  118-31   99.66  9562.50  2033.60  1035.44  10900.51   79.69 
 
First Support  116-20   99.53  9062.60  2012.70  1006.93  10502.86   77.28 
Next Support   115-60   99.49  8892.40  1983.79   981.02  10385.36   76.46 
 
               EUR/$    $/Yen  Nikkei    JGB    CRB     Gold      Crude 
                                       (TSE U) Index  (Comex Z) (Nymex V) 
Next Resist.   1.4538   95.15  10613   140.10  264.54  977.00     77.70 
First Resist.  1.4438   94.57  10412   139.41  262.38  965.00     76.11 
 
First Support  1.4217   92.25  10070   138.69  256.31  942.80     67.84 
Next Support   1.4143   91.85   8847   138.15  250.45  936.70     64.92

Intraday stops define a technical stop-and-reverse point between first support and first resistance.

T-note: Stop intraday trades of the contract at 117-22. Stop intraday trades of the yield at 3.567%.

Eurodollar: The contract is going for first or for second resistance. Stop trades at 99.60

Nasdaq: The index is going for first resistance. Stop intraday trades at 2019.90.

S&P: Stop intraday trades at 1020.71

DJIA: Stop intraday trades at 9353.00.

S&P/TSX: Stop intraday trades at 10702.30.

$ Index: Stop intraday trades at 78.33.

RJ/CRB: Stop intraday trades at 259.02.

Gold: Stop intraday trades at 955.70

Crude: Stop intraday trades at 73.53.

EUR/USD: Stop intraday trades at 1.4314.

JGB: Stop intraday trades at 138.87.

USD/JPY: Stop intraday trades at 93.43.

Nikkei 225: Stop intraday trades at 10225.

(Stephen Cox, a chartered market technician, is chief technician for Dow Jones Newswires. He can be reached at 212-416-2212 or by email at stephen.cox@dowjones.com)

(Data by CQG)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=F183dTs0bvg4XHTkTMopZg%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

August 21, 2009 16:24 ET (20:24 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.

20 August 2009

21:46 =DJ CHARTING MARKETS: Eurodollar Futures Set To Move Higher

   By Stephen Cox 
   A DOW JONES NEWSWIRES COLUMN 
 
              10Y-Note  Euro$    DJIA   Nasdaq     S&P    S&P/TSX   $Index 
              (CBOT U) (CME U)           Comp      500                ICE 
Next Resist.   119-29   99.66  9736.70  2019.90  1020.71  11171.32   80.31 
First Resist.  118-31   99.60  9562.50  2008.60  1006.93  10900.51   79.69 
 
First Support  116-20   99.49  9062.60  1968.65   971.31  10502.86   77.28 
Next Support   115-60   99.44  8892.40  1941.20   958.82  10385.36   76.46 
 
               EUR/$    $/Yen  Nikkei    JGB    CRB     Gold      Crude 
                                       (TSE U) Index  (Comex Z) (Nymex V) 
Next Resist.   1.4438   95.15  10613   140.10  264.54  965.00     77.70 
First Resist.  1.4314   94.57  10412   139.41  262.38  955.70     76.11 
 
First Support  1.4143   92.25  10070   138.69  256.31  936.70     67.84 
Next Support   1.4084   91.85   8847   138.15  250.45  926.30     64.92

Intraday stops define a technical stop-and-reverse point between first support and first resistance.

T-note: Stop intraday trades of the contract at 117-22. Stop intraday trades of the yield at 3.415%.

Eurodollar: The contract is going for first or for second resistance. Stop trades at 99.53.

Nasdaq: Stop intraday trades at 1983.70.

S&P: Stop intraday trades at 985.44.

DJIA: Stop intraday trades at 9353.00.

S&P/TSX: Stop intraday trades at 10702.30.

$ Index: Stop intraday trades at 78.33.

RJ/CRB: Stop intraday trades at 259.02.

Gold: Higher early trading would be the signal for a rally to first resistance. Stop intraday trades at 942.80.

Crude: Stop intraday trades at 73.53.

EUR/USD: top intraday trades at 1.4217.

JGB: Stop intraday trades at 138.87.

USD/JPY: Stop intraday trades at 93.43.

Nikkei 225: Stop intraday trades at 10225.

(Stephen Cox, a chartered market technician, is chief technician for Dow Jones Newswires. He can be reached at 212-416-2212 or by email at stephen.cox@dowjones.com)

(Data by CQG)

(TALK BACK: We invite readers to send us comments on this or other financial news topics. Please email us at TalkbackAmericas@dowjones.com. Readers should include their full names, work or home addresses and telephone numbers for verification purposes. We reserve the right to edit and publish your comments along with your name; we reserve the right not to publish reader comments.)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=JCq0bDa8LC%2BODNcp0i20pA%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

August 20, 2009 14:46 ET (18:46 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.

19 August 2009

21:46 =DJ CHARTING MARKETS: Gold Futures To Trade Higher Early

   By Stephen Cox 
   A DOW JONES NEWSWIRES COLUMN 
 
              10Y-Note  Euro$    DJIA   Nasdaq     S&P    S&P/TSX   $Index 
              (CBOT U) (CME U)           Comp      500                ICE 
Next Resist.   119-29   99.66  9736.70  1983.70  1020.71  11171.32   80.31 
First Resist.  118-31   99.60  9562.50  1968.65  1006.93  10900.51   79.69 
 
First Support  116-20   99.49  9062.60  1934.60   971.31  10502.86   77.28 
Next Support   115-60   99.44  8892.40  1924.70   958.82  10385.36   76.46 
 
               EUR/$    $/Yen  Nikkei    JGB    CRB     Gold      Crude 
                                       (TSE U) Index  (Comex Z) (Nymex V) 
Next Resist.   1.4438   95.15  10613   140.10  264.54  965.00     77.70 
First Resist.  1.4314   94.57  10412   139.41  262.38  955.70     76.11 
 
First Support  1.4143   92.25  10070   138.69  256.31  936.70     67.84 
Next Support   1.4084   91.85   8847   138.15  250.45  926.30     64.92

Intraday stops define a technical stop-and-reverse point between first support and first resistance.

T-note: Stop intraday trades of the contract at 117-22. Stop intraday trades of the yield at 3.500%.

Eurodollar: Stop trades at 99.53.

Nasdaq: Stop intraday trades at 1941.20.

S&P: Stop intraday trades at 985.44.

DJIA: Stop intraday trades at 9353.00.

S&P/TSX: Stop intraday trades at 10702.30.

$ Index: Stop intraday trades at 78.33.

RJ/CRB: Stop intraday trades at 259.02.

Gold: Higher early trading would be the signal for a rally to first resistance. Stop intraday trades at 942.80.

Crude: Stop intraday trades at 73.53.

EUR/USD: top intraday trades at 1.4217.

JGB: Stop intraday trades at 138.87.

USD/JPY: Stop intraday trades at 93.43.

Nikkei 225: Stop intraday trades at 10225.

(Stephen Cox, a chartered market technician, is chief technician for Dow Jones Newswires. He can be reached at 212-416-2212 or by email at stephen.cox@dowjones.com)

(Data by CQG)

Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=ugc2yHDfYQ%2FMUXvihxQZog%3D%3D. You can use this link on the day this article is published and the following day.

(END) Dow Jones Newswires

August 19, 2009 14:46 ET (18:46 GMT)

Copyright (c) 2009 Dow Jones & Company, Inc.