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Welcome to the FXReturn.com London Forex Market Call for November 18th.,2011. GBP/USD: Closes near the lows of an inside trading session as the market rejects the 1.5800 handle. A close below the September 29th. pivot high of 1.5714 will keep the bearish posture of the market intact with the September 22nd. low of 1.5326 as the next downside objective. A recovery, however, of the 1.5850 level will spark a rally into 1.5990. Momentum has entered negative territory, but the Timing Oscillator has an oversold reading suggesting a near term rally may be on the horizon | GOLD: Closes down nearly 2.75% in New York Trading and below the 50 day average which resides at $1724. Consecutive closes below the 50 day average will keep the bearish posture ...

Welcome to the FXReturn.com New York Market Call for November 17th.,2011. DOW: 45 minutes into the open of Wall Street Trading the Dow is near the highs of the session, but still below the 10 day average which resides at 12,000. Consecutive closes below the 10 day average will keep the bearish posture of the market intact with 11,505 as the next downside objective. A recovery, however of the 12,000 level will spark a rally into overhead resistance at 12,284 then 12,500 longer term. Stochastics are recognizing a negative crossover formation suggesting more downside price activity is on the horizon | EUR/USD: Trading near the highs in New York, but still below the 10 day average which resides at 1.3620. Consecutive closes below the 10 day average ...

Welcome to the FXReturn.com London Forex Market Call for November 17th.,2011. GBP/USD: Closes mid-range in a somewhat quiet session and below the October 14th. pivot high of 1.5850. Consecutive closes below 1.5850 will keep the bearish posture of the market intact with the September 22nd. pivot low of 1.5326 as the next downside objective. A close, however, above 1.5850 will spark a near term rally into the 1.6000 area. Momentum continues to build to the short side, but the Timing Oscillator is in oversold territory suggesting a near term bottom may be on the horizon | GOLD: Closes near the highs in New York Trading as the market honors support at the Fibonacci 38.2% retracement level at $1751.4. Consecutive closes above the 10 day average ...

Welcome to the FXReturn.com New York Market Call for November 16th.,2011. DOW: 40 minutes into the open of Wall Street Trading the Dow is down triple digits and on the worst levels of the session as the market rejects the 12,000 area. Consecutive closes below the 10 day average which resides at 12,025 will encourage a wave of selling down to 11,500. A recovery, however, of 12,025 will spark a rally into overhead resistance at 12,284 then 12,500 by year end. Stochastics are showing a negative crossover formation suggesting more downside price activity could be on the horizon | EUR/USD: Trading mid-range in New York, but still below the 10 day average which resides at 1.3650. Consecutive closes below the 10 day average will keep the bearish posture ...