keeong's Blog

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December Outlook : Market Reversal

When USD CAD succeeded to pass through 1.065 level, it becomes a signal for Non USD pair to prepare a long journey for going South. but I believe market will wait the NFP in Friday, December 6, as start point to move far away. in medium term USD CAD will continue to climb peak in 1.07-1.08.
I hope the fundamental will follows my technical analysis, as USD CHF shows change in daily trend, bullish is getting stronger, try to touch 0.93-0.95. Before Friday, may be USD CHF try to find strong fou…
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Will be the Gold descent to 1021-771 ?

I see in the second week in October 2013, Gold (XAU) will have to be forced down to 1021 to 771, as the the bearish trend in H4 TF and Daily is strong
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