Monthly Archives: November 2014

Swiss voters say NO to gold!?

Early projections from Switzerland shows that more then 75% of the voters are against Swiss gold initiative. Finaly, the SNB could catch a breath according to SRF projections. On my oppinion voting against is not surprise, but for me, procentage against Swiss gold initiative is. We will see the final results, but this is to big advantage that something significant could change.

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USD easily cover the complete loss vs JPY!

USD/JPY, what to say on this pair? Every decline on this pair is fully and quickly covered by the USD bulls. At this moments, the pair hit the previous resistance from November 25., at 115.50/60. If the pair manage to brake this level, 118.90/119.00 is the next strong resistance, previous resistance from November 20. and 7 years high! Buyers are serious

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GOLD, danger zone in the next couple of days!

There are just 2 days left until the “Save Our Swiss Gold” referendum this Sunday. On November 30, voters in Switzerland will head to the polls to decide whether the Swiss National Bank (SNB) should back the Swiss franc with gold by increasing its gold holdings to 20% – up from current levels of 7%. How the SNB came to

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EUR/AUD, 'consolidation' between 1.42 and 1.47!

After September 12., EUR/AUD is moving between 1.42 and 1.47., literally in a few pips with support/resistance levels. After several days of wild roaler coaster, triple bottom at 1.4200 boost the pair up strongly, and finaly catch 1.47 today, for the second time in this two months period. For now, the pair is rejected again from 1.47 and slightly slide back to 1.4640/50,

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EUR/USD boosted after US GDP!

First reaction on better then expected data was decline to 1.2390 and then reverse reaction after wich EUR/USD broke the previous resitance at 1.2450/60. In my yestreday EUR/USD analysis I draw this possible scenario, stop at 1.2450/60, back and posible rebund from the level 1.2395! For now, the pair stoped at 23.6 fibo return from the October 15. November 07. fall. This level was

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The first 30 days of my blog

I wrote 36 articles/analysis and I already have 3046 views and 1037 unique visitors from all over the World. For the start I can’t be happier and I must say, that I didn’t expect such an interest. Most of the visitors, aprox 67% are coming from my country, Croatia, which is normal and that is not surprise, then comes Lithuania, United States and

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EUR/USD follows the technical 'rules'

As I predict the possible movement on my EUR/USD analysis from November 21., the pair touched last night the support line at 1.2350/60, previous two years low and rebounded today to the 1.2430 level. At 1.2450/60 we have minor resistance, but it could be hard to brake, because of the trendline and resistance level. Stronger resistance wait at 1.2485/1.2500. On the

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