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Euro dollar tried to reach the 1.30 line but is now retracing the rise and dropping. A third day of talks in Greece yield talk about progress to avert a default in March, yet no deal is done yet. Positive US figures also supported the risk environment, with more coming to close the week. Will the euro close on high ground? Or are we set for another falling Friday?

Here’s an update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-jan-20-dropping-from-high-ground-as-greek-talks-continue/"]EUR/USD Dropping from High Ground as Greek Talks Continue[/URL][/I][/B]

Gold and silver changed direction and after they had risen for two consecutive days, they have moderately decreased in yesterday's trading. Other commodities also traded down including oil (WTI). Yesterday the U.S. initial jobless claims sharply fell by 50k. Today, the U.S. existing home sales report will be published, and Canada's core consumer price index.
For the complete daily gold price outlook for January 20th see here in Trading NRG
Gold slipped on Thursday by 0.33% and reached $1,654.5; silver also decreased by 0.11% and reached $30.51. During January, gold increased by 5.6% and silver by 9.29%.

Forex Trades 01/20 - European session - by [URL="www.forexticket.co.uk"]Forex ticket[/URL] (ex [URL="http://www.mataf.net"]mataf.net[/URL])
[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/audusd"]AUD/USD - Australian dollar / US Dollar[/url][/b]
[b]Entry[/b]: 1.042
[b]Stop[/b]: 1.039
[b]Resistances[/b]: 1.049 - 1.045 - 1.0435
[b]Supports[/b]: 1.029 - 1.0355 - 1.039

[b][img]http://www.forexticket.co.uk/images/_V3img/fleches/up_arrow_16.png[/img] [url="http://www.forexticket.co.uk/en/forex/gbpjpy"]GBP/JPY - British Pound / Yen[/url][/b]
[b]Entry[/b]: 119.45
[b]Stop[/b]: 119.2
[b]Resistances[/b]: 120.45 ...

[B]BIAS[/B]: While 1.5517-29 caps (max 1.5543) we should see losses develop

[B]MAIN ANALYSIS[/B]: The break above 1.5462 is pushing the claim for a more bullish structure though there is still a good deal of uncertainty. I feel the initial move today should be a minor extension to the 1.5517-29 area. However, allow for 1.5543-56. Overall, if this additional high is seen it will suggest that we saw the final low at 1.5233. However, even if that is the case we are due a correction lower - from an ideal 1.5517-29 to suggest a correction only - or a direct break below 1.5460 that would trigger losses to 1.5415-32 initially. This appears to be quite important. Loss would begin to edge the risk even lower through 1.5395 and to ...

Attached Files

• The Brief Daily Forecaster.pdf (88.0 KB, 101 次查看)