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Article Archive | Page 493

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Oil Prices Running Out Of Reasons To Rally

Jan 12, 2017 at 07:21

Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of…

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GBPUSD Elliott Wave Analysis: Short Term Upside Target to 1.24 Area

Jan 12, 2017 at 06:45

GBPUSD is showing a 5 swing bearish sequence from 12/6 peak (1.277) which favors more downside. The decline from 12/6 peak is unfolding as a double three where wave (W)…

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Stock Trading Alert: SP500 Trades Close To Record High - Topping Pattern Or Just Consolidation?

Jan 12, 2017 at 06:36

Stock Trading Alert originally published on January 12,  2017, 6:54 AM:   Briefly: In our opinion, speculative short positions are favored (with stop-loss at…

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AUD/USD - Monitoring The 200-Day Moving Average

Jan 12, 2017 at 06:28

AUD/USD is still bouncing back from resistance given at 0.7145 (24/05/2016 low). A short-term bullish technical structure dominates. Local support is given at 0.7331 (yesterday low). Expected to see further…

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USDJPY Correction Phase Possible Complete

Jan 11, 2017 at 15:26

Daily Chart Larger Image 4HR chart:

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2017: Year of Extremes

Jan 11, 2017 at 13:00

Now that another New Year is upon us, it's time to reflect on what the coming months might unfold. Normally when market analysts try their hand at predicting the year…

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Steen Jakobsen on 'The Nixon Doctrine', Trump, Equities, Gold

Jan 11, 2017 at 09:09

Three Major Events Steen Jakobsen, CIO and Chief Economist for Saxo Bank pinged me regarding "The Nixon Doctrine", Trump, Equities, Gold, and major events in his life. There were three…

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Gold Prices Are Being Hacked

Jan 11, 2017 at 09:08

Major U.S. and international banks cheat their customers and rig markets. Revelations have been piling up since the 2008 financial crisis. Hundreds of billions have been paid in fines, penalties,…

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GBPUSD Elliott Wave Analysis: Another Leg Lower Expected

Jan 11, 2017 at 07:46

GBPUSD is showing a 5 swing bearish sequence from 12/6 peak (1.277) which favors more downside. The decline from 12/6 peak is unfolding as a double three where wave (W)…

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EUR/JPY - Bouncing On And Off

Jan 11, 2017 at 07:24

EUR/JPY is bouncing within the current 121.68 to 124.10 range. Weak demand indicates no near term challenge to range top. Hourly support is located at 122.02 (05/01/2017 low) and hourly…