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Article Archive | Page 476

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EUR/CHF - Stalling Again Below 1.0700

Feb 03, 2017 at 06:28

EUR/CHF has recovered from the sell-off earlier this week. The pair still lies below 1.0700. Strong resistance is given at 1.0762 (27/12/2016 high). The medium-term pattern suggests us to see…

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Why Stock Market Analysts Will be Wrong About 2017

Feb 02, 2017 at 14:59

We're already a month into New Year and there has been an ample amount of sentiment data to suggest that investors, both retail and institutional, aren't terribly enthusiastic on the…

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Is Germany a Currency Manipulator? China? Arguably Yes, Under Bill Obama Signed: Full Blown Currency War on Deck

Feb 02, 2017 at 07:11

One problem in labeling a "currency manipulator" has been the lack of a definition of the term. But thanks to the Trade Facilitation and Trade Enforcement Act of 2015,…

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The Oil War Is Only Just Getting Started

Feb 02, 2017 at 06:56

It's been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how U.S.…

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Weaker US$ Could Send Gold and Gold Stocks to Higher Targets

Feb 02, 2017 at 06:50

Gold has underperformed both in nominal and real terms. Last week it formed a bearish reversal in nominal terms and against foreign currencies. However, the good news for bulls is…

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Crude Oil Futures: The Next Leg Higher has Started

Feb 02, 2017 at 06:37

Revised view suggests that Crude Oil rally from 1/10 low (50.71) is unfolding as a diagonal where wave 1 ended at 54.08 and wave 2 is proposed complete at 52.22.…

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Stock Trading Alert: More Fluctuations Following Monday's Move Down - Which Direction Is Next?

Feb 02, 2017 at 06:29

Stock Trading Alert originally published on February 2,  2017, 6:55 AM:   Briefly: In our opinion, speculative short positions are favored (with stop-loss at…

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USD/CAD - Ready To Break Way Below 1.3000

Feb 02, 2017 at 06:21

USD/CAD is trading lower. The pair is still trading around former key support at 1.3000 (22/09/2016 low). Hourly resistance is given at 1.3169 (20/01/2017 high). The technical structure suggests a…

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Elliott Wave Analysis: GOLD Sets Up a Very Bullish Wave Structure

Feb 01, 2017 at 15:45

GOLD Current wave [B] – Long to 1550 30 min

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Stock Market Highs Make Strong Case for Precious Metal Buys

Feb 01, 2017 at 08:34

Dow 20,000 was ushered in with great fanfare. Traders on the New York Stock Exchange sported "Dow 20,000" hats. Even President Donald Trump joined the celebration. Trump told ABC News…