AUD/USD - Australian Dollar US Dollar - Positional Call

Buy $AUDUSD @ 7605 for positional target 7815 stops @ 7565, 

Now @ 7608 

$GC_F $XAUUSD Momentum sell call @ 1187.80 has expired - place stops @ 1190 and hold positions for 1182 - 1180 Now @ 1188.3

GOLD - XAUUSD Momentum Call - 31 Mar 2015

Sell Sell Sell GOLD - XAUUSD @ 1187.80 With strict stops @ 1193.10 target 1172 - 1170 

Now @ 1187.5 

Reversal above 1196

MCX Gold sell call target has been achieved @ 26212 days low 26156

$PCLN Pre mkt trading @ 1159 almost nearing tgt 1162 - 1164 of yesterdays 1147 buy call

$AUDUSD Spot on target 7590 days low 7591 sell initiated @ 7664

$PCLN pace set for a push higher as of daily trend!! Priceline.com Incorporated (PCLN)

Best Buy & Supp @ 1147 resis 1150.6 abv 1154.20 Tgt @ 1162/1164 

Now @ 1149.80

Bullish

Stops below 1143.40

Coffee Fresh Update after low 132.93

Coffee daily technicals - though 2 indicators Stochastics SCO & CCI have approached the support channel but we can see a gap to be filled by RSI. Trend still remains bearish targeting 130.60 - 130 - 129.25

Fresh Resis & best sell level @ 135 - 136.60, below 133.40 target 130 is Intact!! Above 133.50 prices may test 135 - 136.60 before 130 so traders can utilise the opportunity to sell if get 135 avg 136.60 target 130

Now @ 133.48

Coffee Days Low 132.93 vs target 132.40

Gilead Sciences Inc (GILD)

$GILD Approach Trendya Break down level 99.80 below that watch for 96.28

Now @ 99.81

 Bearish

Sell Sell Sell @ 99.80 target 96.28 stops 100.8

AUDUSD Daily Trend - Bearish

AUDUSD Pair still has room for downside targeting 7615 - 7590 below 7664, However, Momentum Resistance & best short level @ 7687 - 7710 stops or reversal above 7738 upside target capped @ 7815 - 7862

Now @ 7643

MCX Gold - Weekly Trading Levels - 30 Mar 2015

GOLD Best Buy & support @ 26427 Resistance & best short level 26642, A break above 26858 upside targets capped @ 27334 - 27548, however, a crack below 26212 downside capped @ 25735 - 25518

Now @ 26332

Target In focus for now 26212

Daily Trading Strategy

Sell  above if get or @ 26347, Average level 26388 if get, stops above 26430 targets 26212

Coffee - Weekly Trading Levels - 30 Mar 2015

Best Buy & support @ 140 Actual resistance & best short level @ 141.80, a break above 143.60 upside target capped @ 149 - 151.20, However a Crack below 138.20 downside capped @ 132.40 - 130.20

Now @ 137.85

Target in focus for now 134.90 (previous sell call target)

Trend - Mild Bearish early week & later a bullish streak if manages to bottom out

Nifty Daily Trend Target hit @ 8490 days high 8496, Bullish alert initiated @ 8342 above 8392 target 8490

S&P CNX Nifty Index - Daily & Weekly Trend & Trading levels - 30 Mar 2015

Nifty Daily Trend -  Bullish

Best buy & support @ 8324 Resistance @ 8358 above 8392 upside target capped @ 8468 - 8490 breakout pivot 8505 above that watch for 8575 - 8595

Weekly Trend - Bearish 

However, weekly technical suggests  below 8290 there is still room left for downside targeting 8215 - 8180 below that 8048

Strategy - Early Week Buy on Dips @ or below 8324 strict stops @ 8290 target 8468 - 8490, Later week its a sell on rises @  8490 or above 8502 for target 8215 - 8180

Now @ 8341.40

EURUSD 1.0808 Momentum Buy call approach target 1.0942, Now @ 1.0920

Buy Gold - XAUUSD @ 1199 Target 1209 >> Momentum call

Now @ 1199.80

1194 still remains support & best buy for target 1234 - 1248 above 1216

EURUSD Momentum Update - 27 Mar 2015

Buy EURUSD Pair @ 1.0808 for momentum target 1.0875 - 1.0942  stops @ 1.0775 

Below 1.0745 watch for 1.0656 - 1.0590

Now @ 1.0815

Coffee Is a sell @ or above 141 for target 136 - 134.90, Now @ 140.10

Coffee 4 Hours Trend - Indicating Bearish 

Monthly Trend Still Has some room left for downside 

Buy Gold @ 1204!!

Buy gold @ 1204 target 1216 - 1234 - 1248 strict stops below 1195

Now @ 1204.7

Buy CrudeOil 4 lots @ 50.05 target 52.10 for 2 lots & 54 for 2 lots , now @ 50.35, stops 48.80

Crude Oil Update - 26 March 2015 after high 52.48

Though daily trend is indicating run-up is over weekly trend and technicals suggest still there is a long way to go for oil, As per our near - term levels initiated on 18th march it has clearly stated above 50.99 its 54.

As crude Oil has made a high of 52.48 clearing the resistance 50.99 suggests the pace has been set for 54 

Current Support & best buy level 50 - 51.05 target 54 strict stops @ 48.95 

Now @ 51.37

Above 52.10 oil will hit 54 before that mentioned number "50"

Buy Buy Buy CRUDE OIL again!! - 26 Mar 2015

Buy Crude Oil / WTI Again @ 50 - 51.05 above 52.10 watch for target 54 

Now @ 51.36

Crude Oil Bang on target 50.99

Buy Buy Buy SPX @ 2048!!

Buy SPX / ES_F @ 2048 - 2044 with stops @ 2010 target 2132 - 2146 

Break Down Level 1994

Now @ 2056

As per my earlier alert SPX Below 2064 its 2048 now trading @ 2056 - Hence ill initiate a fresh call

Bang Bang Bang On target 49.20 Oil!! Days high 49.45

Fresh Support @ 48 - 48.52 above 49.02  (current supp) Next target capped @ 50.38 - 50.96 

 Our 45  Buy call positional target active @  50.99 

Now @ 49.25

Gold 1199 SELL CALL MAINTAIN STOPS @ 1199.80 Now @ 1197.2

Buy Buy Buy Crude Oil @ 48 - Momentum call

Crude Oil daily trend Bullish - Buy oil @ 48 target 48.88 - 49.20 

Now @ 48.08

Sell Sell Sell Gold @ 1199 !!

Sell GOLD @1199 Target 1179 - 1170. Strict Stops @1206

Now @1198.80

Gold - Risk Appetite Traders - Momentum Call - 24 Mar 2015

Sell Gold - XAUUSD @ 1190.80 average if get 1192.60 strict stops 1195 target 1182 - 1178 

                                            1,190.20 +2.50    (+0.21%)

                       16:09:30 GMT - Real-time CFD Data. Currency in USD

Coffee Bang On target 137 of 143.85 sell call

Sell Sell Sell COFFEE @ 142.42 - 143.84 !!

 Sell COFFEE above 141 or @ 142.42 - 143.84 for Intraday - Positional Target 137 and risk appetite traders can wait for 134.80, Stops above 147 

Now @ 142.55 +1.73    (+1.22%)

  9:33:02 GMT - Real-time CFD Data.

Coffee Daily & Monthly Trend & Trading Strategy - 24 Mar 2015

Daily Technicals

As you can see in the above daily chart - All major technical indicators Fast & Slow SCO - CCI - RSI  are facing resistance, we expect coffee to trade in negative bias for the day as still Monthly Trend remains Firm bearish and has room left for downside 

Monthly Technicals 

Strategy 

 Sell COFFEE above 141 or @ 142.42 - 143.84 for Intraday - Positional Target 137 and risk appetite traders can wait for 134.80, Stops above 147 

Now @ 140.83

Gold - Daily / weekly Trend, Trading Levels & Strategy - 24 Mar 2015

Gold - XAUUSD  Weekly Trading Levels 

Best Buy & support @ 1159 Actual resistance & best short level 1169.90 (Current Supp) A break above 1180.80 upside targets @ 1204.8 - 1215.70, however a crack below 1148.20 downside capped @ 1124

Now @ 1187.20

Daily Trend - Bullish and has some more room left for upside targeting 1194 - 1199

Hence, maintain your buy position initiated yesterday @ 1182 for the said targets

Weekly - Trend - Weekly Trend is still facing resistance and it looks gold will come under selling pressure from 1199 & then drop to 1170 - 1160 before making its way towards 1248

Break Out level 1205 above that it confirms 1248 before that 1170 - 1160

Coffee - Weekly Trading Levels - 23 Mar 2015

Best Buy & Support @ 137 Resistance @ 140.60 above 144.20 upside capped @ 152.90 - 156.80 however a crack below 133.40 downside @ 124.50 - 120.45

Now @ 140.80 

Gold - XAUUSD - Intra day - Positional Call - 23 Mar 2015

Buy Buy Buy @ 1182 Target 1192 - 1194 - 1199 

Now @ 1184.7

Stops below 1178

Philly Fed manufacturing index falls to 13-month low!! Whats Ahead for Gold - Dollar Index ??

Philly Fed March Factory Index disappoints at 5.0 vs Forecast 7.1. As lower than expected reading should always be taken as negative for USD but DXY is still holding on to 99.40 levels from the days low 97.37 can be considered its trying to fill the gap "99.96" of 100.78 to 94.77 crash.

Sell DXY @ 99.44 - 99.96 for positional target 97 - 95.52 - 92.48, Above 100.80 its 103.05

Now @ 99.46

Gold - XAU/USD Support & best buy 1155 - 1164 target 1186 - 1199

Now @ 1165

#XAUUSD #GLD EXIT 1165 sell call @ 1166 or maintain strict stop loss 1168, however subs follow the strategy/Pos initiated accordingly

Sell @ 1165 target 1155 strict stops 1168 $GC_F $GOLD $XAUUSD

Gold - XAUUSD - Momentum Update - 19 Mar 2015 (Risk Appetite Traders call)

Keeping in mind our positional target and fresh support & best buy level initiated earlier one can take a momentum sell position @ 1164.70 target 1155, Strict Stops 1168

Now @ 1164.7

Crude Oil - WTI - Intraday - Positional Call - 19 Mar 2015

Buy WTI On dip below 45.56 - 45 with strict stops @ 44.50 for target 48.02 - 48.50

Now @ 45.52

Gold 1146 Buy Call 1st Target Hit @ 1176! 2nd & 3rd targets active!!

Fresh Support & Best Buy level 1155 - 1163.50 above 1176 its 1186 - 1199

Now @ 1170.50 

A crack below 1146 we are likely to test 1138 & 1128 will be in notion

Crude Oil Breaking Update - 18 Mar 2015

Crude oil has managed to clear our earlier initiated Pivot $45 and as SPX has also managed to clear our break out pivot 2065 and inching towards 2146 mark suggests Oil can pull back till 48 - 50.99 untill it hold 44.10 mark 

Now @ 45.11

Crude Oil - Near Term Trading Levels - 18 Ma 2015

Best Buy & support @ 48 Actual resistance & best short level 51 (of tgt 50.99) above 54 upside target capped @ 59.20 - 61.80 however below 44.96 downside capped @ 40.25 - 37.70

Now @ 44.28

USDJPY Intra day / Positional Call - 18 Mar

Sell the pair @ 121.48 for target 120.52 - 120.02 - 119.68 stops above 121.96

Now @ 121.18

GBPUSD - 5 hrs MomentumCall - 18 Mar 2015

Sell the pair b/w 4730 - 4774 for target 4586 below 4686

Now @ 4680

Gold - Intra day / Positional Call - 18 Mar 2015

Buy GOLD - XAUUSD @ 1146 stops 1136 target 1176 - 1186 - 1199

Now @ 1148

Below 1138 it gets nasty for gold bulls!!

A violation of 1138 and a crack below 1136 will open the hell gates for a free fall till 1096 - 1062 - 1020, above 1158 we are once again likely to test 1176 - 1186 - 1199

Now @ 1146.70

Coffee Update - 18 Mar 2015

Support @ 1.36 if sustains watch for 1.43 - 1.46 below 1.33 its 1.26 as monthly trend still remains bearish however daily & weekly indicating a pop

Now @ 1.36

Gold Spikes ahead of FOMC meeting

Support @ 1148 - 1151.20 above 1154.4 upside capped @ 1162 - 1166 - 1176 

Now @ 1155

WTI - Crude Oil 5 hrs Trend - Bearish

Below 45.40 downside capped @ 43.10  - 41.68 - 39.56 , However above 46 it has a shot for 48 - 50.99

Now @ 45.36

Crude Oil Fundamentals - 17 March 2015

Crude Oil

Oil production levels are finally starting to decline after months of depressed prices. New data from North Dakota shows that the state’s oil output fell in January to 1.19 million barrels per day, a 3.3% decline from an all-time high the month earlier. The drop off occurred because companies significantly reduced the number of wells completed – well completions dropped from 183 in December down to just 47 in January. Rigs are also down to just 111 for the Bakken, below the estimated 115-130 needed just to keep production flat. Nationwide, a decline in oil output may not be here just yet, but in the Bakken it has already begun.

But North Dakota’s contraction has not been enough to affect oil prices, which reversed the gains from recent weeks and headed back towards the lows for the year. At the close of the week, WTI traded near $46 per barrel and Brent is back down to $56 per barrel. Speculation that storage capacity is filling up is renewing worries of a supply glut. To make matters worse, the IEA raised its forecast for U.S. oil production this year, having been surprised that the precipitous fall in the number of active rigs has not yet cut into production. “Stocks may soon test storage capacity limits,” the IEA said in its monthly report. “That would inevitably lead to renewed price weakness, which in turn could trigger the supply cuts that have so far remained elusive.”

Low oil prices are terrible for producers, but for consumer nations depressed prices present new opportunities. China and India are expected to stockpile more oil for their strategic petroleum reserves this year. China had already stepped up imports in 2014 as prices declined, revealing in November for the first time data on its stockpiles. China has about 91 million barrels stashed away, and with new storage capacity reaching completion, the IEA projects its purchases will remain elevated this year. India, on the other hand, is new to the game. But the low price environment will allow the country to begin stashing away oil for the first time, with stockpiles expected to reach 6.5 to 7 million barrels this year. More construction underway will provide India with the capacity to store 28 million barrels by the end of 2015

Pressure Building On Crude Prices

May Crude Oil futures were under pressure most of the week driven by concerns over huge supply and diminishing demand. The U.S. Energy Information Administration’s supply and demand report for the week-ended March 6 showed that crude supplies rose for the ninth straight week. The bright spots in the report were that the 4.5 million barrel increase met pre-report estimates and was also much lower than the previous week’s 10.3 million barrel build. It’s too early to tell if the number of barrels is trending lower. One week does not make a trend so next Wednesday’s report is going to carry more weight than usual.

A drop in the number of barrels will also be a sign that the decline in the number of producing rigs may be working. This is the key fundamental factor that is holding this market in a range.

Despite straddling a key retracement area at $50.80 to $49.55, a downside bias seems to be developing. The lower top at $54.00 on March 5 and the lower-low on March 11 at $49.17 are signs that the downtrend may be re-emerging. Since the market may be in the hands of weak short sellers who showed up late to the game, buyers have been able to prevent a “wash-out” to the downside.

There are two major concerns weighing on prices at this time. The first is concern that storage is at or near capacity at the Cushing, Oklahoma hub. Based on the current build rate, supply is getting very close to challenging this limit. The second worry is that demand for crude may drop when refineries begin their normal seasonal maintenance.

Given these fundamentals, it looks as if crude oil will be under pressure over the near-term unless there is a drastic change in supply. The refinery slowdown caused by maintenance could last into early April.

$USDX $DXY Exhaust @ 99.99?? Bearish

Buy Crude Oil @ 46 with strict stops @ 44.80 target 50.99, Now @ 46.16

Gold - Intraday - Momentum Call - 13 Mar 2015

Buy GOLD @ 1155 average if get 1152 stops @ 1150 above 1157.20 target 1166 - 1176

Now @ 1156.6

Gold Sell Call - EXPIRED @ 1155

XAUUSD - GOLD - 13 Mar 2015

Sell Gold b/w 1158.70 - 1162.40 stops at 1165 target 1144 - 1138

Now @ 1158.6

$SPX / SP500 Has managed to clear 2065, If sustains next target capped @ 2146

$CL_F #Crudeoil 47.90 sell call for target 46.40 expired @ 46.90, exit shorts

Buy Coffee @ 130.30 - 130.10 stops 128.80 target 135

Crude Oil - 5hrs Trend - Bearish - Best sell & resis 47.90 target 46.40

XAUUSD - GOLD - 1146 BUY CALL FOR TGT 1176 EXPIRES BELOW 1155 AS GOLD LIKELY TO TEST 1138 BELOW 1150.7

GOLD / XAUUSD - Intra Day - Positional Call - 11 Mar 2015

Buy gold @ 1146 - 1148 stops 1140 target 1176

SPX - SP500 Intraday - Positional call - 11 Mar 2015

Buy SPX @ 2044 - 2035  above 2047.40 upside capped @ 2056 - 2060 above 2065 watch for positional target 2146, Break down level 2026

Now @ 2046.8

Crude Oil - WTI Intra Day - Momentum call - 10 Mar 2015

Buy Crude @ 49.01 for target 50.99 stops below 48.30

Now @ 49.20

US COFFEE Positional Trading Levels - 10th March 2015

Support & Best Buy 134 resistance @ 137.08 above 140.16 upside target capped @ 147 - 150 stops below 130.80

Now @ 134.6

XAUUSD - GOLD - Intraday - Positional Call - 10 Mar 2015

Best Buy 1154 - 1156 target 1186 

Now @ 1156.5

Stops / Reversal targets / Average levels are for Premium Members 

$EURUSD 0.988 Target Intact!! $Fx $Forex while $DXY above 98.80 likely to test 103

Gold - XAUUSD Momentum call - 9 Mar 2015

Best sell level 1169 - 1171.20 below 1166.80 downside target capped @ 1160 - 1158

Now @ 1166.6

Above 1174.40 Reversal Upside target capped @ 1186

SPX / SP500 OR S&P500 - Trend & Trading Levels for the week - 09 Mar 2015

Best Buy & Supp @ 2085 (Current Resis) Actual resistance & best short level 2096 above 2108 upside target @ 2134 - 2146, however a crack below 2074 downside capped @ 2046 - 2035

Now @ 2071.65

Daily Trend - Firm Bearish 

Weekly Trend - Bearish 

Strategy - As daily & weekly technical indicators have faced south & suggesting drop, hence its sell on rises 

Sell @ 2085, average if get 2096 target 2046. Stops @ 2108

Gold Has cracked all support channels, Below 1174 watch for 1158

$GC_F $XAUUSD Bang on target 1193 now @ 1193.70, from here on watch for 1212

CrudeOil 51 momentum buy call expired @ 51.20, Exit

Risk Appetite traders maintain stops @ 50.70 target 51.80

Crude Oil - Momentum Update - 5 Mar 2015

Best Buy & supp @ 51 target 51.80 - 52.80 stops below 50.20

CMP - 51.05

EURUSD Momentum Update - 05 Mar 2015

Support & best buy as of 5 hour technical @ 1050 eyes @ 1088 - 1124 - 1162 

Now @ 1062

Stops 1020

$CL_F $Crude $Oil $WTI Bang on target 51.80 days high 51.90, target in focus 52.20 - 52.98

GOLD - XAUUSD - VIEW - 04 MAR 2015

Gold - XAUUSD Pattern is suggesting a drop till 1193 & later a pop till 1212 , Resis 1204 

Now @ 1199.60

Crude Oil Support @ 49.80 target active @ 51.45 - 51.80, now @ 49.90

$GC_F $XAUUSD Support @ 1201 break down level 1192 now @ 1202.20

WTI - Crude Oil - Daily Trend & Levels - 03 Mar 2015

Best Buy & support @ 50 - 50.28 above 50.46 target capped @ 51.45 - 51.80

Now @ 50.28

Daily Trend - Firm Bullish 

CrudeOil - This is 52.98 In the making!! Now @ 50.90

$CL_F Crude WTI above 50.40 next target capped @ 51.45, now @ 50.32

WTI - Crude Oil - Momentum Call - 02 Mar 2015

Best Buy @ 49 - 48.80 target 49.86 - 50.06

Now @ 49.08

However Our 48.02 Positional call target is still active

As initiated earlier GLD 1222 - 1226 Inevitable - $GOLD made a high of 1223, now @ 1220

Fresh Trading Levels - Sup/Resis & Targets for Premium Members will be sent to your registered email id  

EUR/USD Intraday/Positional Call - 02 Mar 2015

Buy Buy Buy the pair @ 1162 for target 1250 - 1265 - 1305

Stops - 1122 

Now @ 1178

Gold - XAUUSD - Daily Trend - Bullish - 02 Mar 2015

Best Buy & support @ 1209 - 1212.20 above 1216.60 upside capped @ 1222 - 1226

As Gold has closed above 1212.20 target 1222 - 1226 looks inevitable before the weekly & monthly technical sentiments kick in 

Now @ 1212.80

How do Chinese real interest rates impact gold prices?

China’s real interest rate and the demand for gold

Lets  look at nominal interest rates and inflation separately. Then we’ll see how combining them could impact gold demand.

The household saving deposit rate in China is set by the People’s Bank of China. Currently, it’s 2.75% following a 25 basis-point cut by the bank in November.

China’s inflation rate is reported by the National Bureau of Statistics of China. It’s reported on a monthly basis. In December, the inflation rate came in at 1.5%. In November, it was 1.4%.

When you combine the nominal rate of 2.75% and inflation of 1.5% for December, you get a 1.25% real rate of interest for savings. This rate is lower than that of November when it was 1.35%. But on average, it’s been increasing, a result of low inflation. The rate was 1.15% for October.

The increase in the real interest rate on savings motivates people to put their money in savings instead of investing in gold. Gold is used as an inflation hedge. It protects the value of money.

Increasing real interest rates in China will stimulate people to save instead of invest in gold. This is negative for gold prices and gold-backed ETFs such as the SPDR Gold Trust (GLD). It’s also negative for gold stocks such as Goldcorp (GG), Barrick Gold (ABX), New mont Mining (NEM), Kinross Gold (KGC), Yamana Gold (AUY). These companies make up 39.1% of the Market Vectors Gold Miners ETF (GDX).

On the other hand - some macro economic studies suggests Gold Under performs When Real Interest Rates Are High

That being said, If Chinese Interest rate cut have a bearish effect on gold prices then a trader has to think why China’s gold imports from Hong Kong rise for 3 straight months??