FOREX CURRENCY EUR/USD and GOLD OUTLOOK.

GOLD AND EURO STILL MOVING IN SYNK.

FOREX CURRENCY PAIR EUR/USD.

The euro EUR/USD brok support at $1.53, signaling the start of a primary down-trend. Bearish divergence on Relative Strengh Index (RSI) and breakout from the rising trend channel both confirm the signal. Expect support at $1.50 and a retracement to test the new resistance level.

SPOT GOLD

Spot gold fell in sympathy, testing support at $850/ounce. The risk of a primary down-trend is now high.

FOREX GENIE