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[B]Recap[/B]
As predicted last week, the pair failed to take out the resistance zone and is forced to go lower. The whole week is just 50% of the range established from the week before last week. That is usually what happen when the pair itself has strong upside bias but one side of the pair (in this case USD) is showing signs of major reversal across the board.

[B]Outlook[/B]
If B-0 is taken out swiftly and turns into support (i.e. 1-2-3 buy off B-0 on hourly is one of the best scenarios), B+1 and then B+2 are in play.
If B-1 is taken out and turns into resistance, B-3 is the 1st target.

[I](article reposted from daytradingbias.com)[/I]

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[B]After a bad week, the Aussie is expected messages from the central bank as well as important Chinese figures that will rock it. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD.[/B]
[URL="http://www.forexcrunch.com/15586/"]Employment figures in Australia exceeded expectations[/URL], as it happens many times. Despite the strength of the economy, the US dollar’s move was rather strong, and AUD/USD bowed before it. Will this trend continue?
AUD/USD daily chart with support and resistance lines on it. Click to enlarge:
[URL="http://www.forexcrunch.com/audusd-outlook-february-14-18/aud-usd-forecast-february-14-18/"][IMG]http://www.forexcrunch.com/wp-content/uploads/2011/02/AUD-USD-Forecast-February-14-18-400x206.jpg[/IMG][/URL] ...

Gold & Silver Prices continue rising – weekly recap 7-11 February on Trading Energy


The precious metals market continues its comeback from the slow down it had during January.

During the week of 7th to 11th February, gold and silver prices showed strength at the beginning of the week, however slowed down at the second part of the week, after both precious metals inclined at the previous week. Let’s see the main changes for these precious metals prices:

According to some analysts this ongoing rally in gold and silver is related to the uprise in Egypt.

Despite the recent upward trend during the last couple of weeks for both precious metals (silver and gold), its still ...

Natural gas production freeze on cold weather | EIA review, Feb 12 on Trading Energy


Here is a summary of the main news regarding the natural gas market in the U.S. for the week ending on February 4th, according to the recent EIA weekly report:


Natural gas prices fluctuated with a moderate rise during that week; consumption, however rose while the production declined due to the cold weather throughout in the US. Here are the highlights of the recent EIA report along with my insight:

Prices

Natural gas (Henry Hub) price inclined by 1.1% during the week from beginning to end of the week. On average, it rose by 0.88% on a daily basis; on the other hand, the average weekly ...