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22nd April in Currencies of MV History



These articles were published on on 22nd April in History. Checkout how time flies, enjoy reading!

Gold Could Extend Rally, Move Sharply Higher, If It Doesn't Hesitate Tuesday

on Apr 22, 2013 3:25 pm by Rod David

The following are the latest daily summaries of my ongoing intraday coverage, providing context to interpret price action. Any prices listed are for a contract's current "front month." Their direction tends to correlate with any ETFs listed for each. Today's Highlight: Gold's rally Sunday night made good on Friday's warning to bears. The 38.2% retracement back to... Read More

Currency Markets: US Dollar Index Stuck After a Small Bounce Back

on Apr 22, 2014 4:00 pm by Cody Tafel

The US Dollar index rallied back up to the 80 resistance level, which also happens to coincide with a declining 50-day moving average. The longer-term trend is still down, so I would continue to look to short the DX above the 80 level. I think you're risking less than a dollar for 5+ to the downside if the US Dollar index breaks back down into the mid-70s. The declining 200-day moving average is j... Read More
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