SAN FRANCISCO (MarketWatch) -- Gold added to its advance and oil retreated further after ratings agency Standard & Poor's had revised the outlook for U.S. debt to negative on Monday. Gold for June delivery /quotes/comstock/21e!f:gc\m11 GCM11 +0.26% most recently added $3.60, or 0.3%, to trade at $1,490.20 an ounce on the Comex division of the New York Mercantile Exchange. It earlier had traded around $1,497 an ounce after the news. Oil traced the opposite arc, and crude for May delivery /quotes/comstock/21n!f:cl\k11 CLK11 -1.60% most recently traded $1.84 lower at $107.80 a barrel on the Nymex. It had traded as low as $107.60 a barrel.
USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...
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Pivot: 1.2105 Our preference: Long positions above 1.2105 with targets @ 1.2135 & 1.215 in extension. Alternative scenario: Below 1...
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Pivot: 30.60 Our preference: LONG positions above 30.6 with 31.25 & 31.7 in sight. Alternative scenario: The downside penetration o...
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GBPUSD is in sharp uptrend for the past two days, which was expected from a technical point of view after five waves down in red wave 5...
