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Article Archive | Page 1007

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USD/CAD - Still Pushing Higher

Jul 17, 2015 at 06:17

USD/CAD is now pushing towards 1.300. Hourly support is given at 1.2540 (02/07/2015 low). Stronger hourly support can be found at 1.2363 (30/06/2015 low). We remain bullish on the pair…

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Bonds and Currencies Brace for BoE and Fed Rate Hikes

Jul 16, 2015 at 15:42

It's approaching that time of year when traders and central bankers alike depart for long holidays. But this summer is shaping up to be anything but quiet for markets, with…

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The Only Thing Growing Is Debt

Jul 16, 2015 at 14:29

The past few days have seen another batch of blah economic reports in the US: (Reuters) - Weak U.S. retail sales hint at slower economic growth Retail…

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China's Hungry Hungry Pandas

Jul 16, 2015 at 14:00

Regardless of your investment horizons in China, there's no avoiding the fact that its…

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Credit Deflation and Gold

Jul 16, 2015 at 09:09

There is a common view in financial markets that credit deflation is bad for gold prices, because gold nowadays is regarded as an asset to be sold in the scramble…

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USDJPY and German DAX Intraday: Elliott Wave Analysis

Jul 16, 2015 at 08:22

German DAX seems to be in fifth wave of recovery from 10637 low so seems like market could make some corrective set-back soon. But there is still room for 11900…

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Wednesday Report...The Great Deflation Round 2

Jul 16, 2015 at 08:15

In tonight's report I would like to show you some charts that could be telling us that the second shoe maybe getting close to dropping in the on going deflation…

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Stock Trading Alert: Positive Expectations Following Greece Debt Deal - New All-time Highs Ahead?

Jul 16, 2015 at 06:04

Stock Trading Alert originally published on July 16, 2015, 6:55 AM:   Briefly: In our opinion, speculative short positions are favored (with stop-loss at…

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Market Holding in 7 Month Bases Ahead Of Parliament Vote In Greece......Earnings Continue...

Jul 16, 2015 at 05:50

Solid move higher in our 7 month basing patterns this week on the SP 500 and Dow with those indices firming near our 200 EMA's near the 2,040-50 area SP…

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EUR/USD - Breaking Support at 1.0916

Jul 16, 2015 at 05:33

EUR/USD has broken hourly support at 1.0916 (07/07/2016). Hourly resistance lies at 1.1278 (29/06/2015 high). Stronger resistance lies at 1.1436 (18/06/2015 high). However, we expect support at 1.0819 to be…