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Article Archive | Page 471

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USDCAD Short Term Elliott Wave: Turning Lower

Feb 09, 2017 at 06:50

Preferred Elliott Wave view in USDCAD suggests that the pair is showing a 5 swing bearish sequence from 12/28 high, favoring more downside. Short term, decline to 1.2965 ended Minor…

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USD/JPY - Landing On Support At 111.36

Feb 09, 2017 at 06:46

USD/JPY is slowly pushing lower towards support at 111.36 (28/11/2016 low). Hourly resistance is given at 115.62 (19/01/2016 high). The break of hourly support given at 112.57 (17/01/2017 low) has…

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USDJPY Elliott Wave Analysis

Feb 08, 2017 at 13:46

LONG – to above 136.00 in wave [C] 30 min

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Climate Promotion: Seriously Failing

Feb 08, 2017 at 12:07

As an out and out promotion, climate concerns seemed to peak with Copenhagen in December 2009. The media was full of countdowns to the "end of the world". England’s prime…

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The Misleading Comfort of Calm

Feb 08, 2017 at 08:30

Have the headlines below given investors a sense of continuing peace, rest, and optimism regarding their financial futures? IMF slashes world growth forecast again, CNBC, April 12 '16…

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Dollar Breaks below 100 with Rising Yields, is Wholesale US Treasury Dump Coming?

Feb 08, 2017 at 08:02

Gold: $1,233, Silver: $17.69 (from Kitco.com) The US Dollar Index has fallen below the psychological 100 level, while 2-year and 10-year US Treasury yields remain above multi-year support levels. This…

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U.S. Exorbitant Privilege At Risk?!

Feb 08, 2017 at 07:27

If the road to hell is paved with good intentions, American's exorbitant privilege might be at risk with broad implications for the U.S. dollar and investors' portfolios. Let me explain.…

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GDPNow Forecast Sinks to 2.7% from 3.4%: What Happened?

Feb 08, 2017 at 07:26

The Atlanta Fed GDPNow Model for first quarter GDP took a dive to 2.7% today from 3.4% on February 1. Let's investigate why. Latest forecast: 2.7 percent…

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USDCAD: Expect a Turn Lower Soon

Feb 08, 2017 at 07:09

Preferred Elliott wave view in USDCAD suggests that the pair is showing a 5 swing bearish sequence from 12/28 high, favoring more downside. Short term, decline to 1.2965 ended Minor…

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EUR/USD - Continued Weakness

Feb 08, 2017 at 07:01

EUR/USD's selling pressures have increased. It seems that strong hourly resistance area is given around 1.0800. The road is wide-open towards hourly support at 1.0581 (16/01/2016 low) and 1.0454 (11/01/2017…