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Article Archive | Page 611

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AUD/USD - Ready For Another Upside Move

Aug 12, 2016 at 06:40

AUD/USD has consolidated after breaking short-term uptrend. We continue to favour further strength. Hourly support is given at 0.7671 (intraday low). Strong resistance is given at 0.7835 (21/04/2016 high). In…

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Here Comes The Air Pocket!

Aug 11, 2016 at 17:25

The astro/cycle/wave read between now and August 15th looks for a quick abrupt air pocket of close to 3% in the SPX.  At first, I was looking for a Wave…

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Economists Expect 'Mount Everest' of Uncertainty to Clear Up by December

Aug 11, 2016 at 17:18

Here's a hoot. A Wall Street Survey shows Economists Expect December Rate Hike. Why? Because economic uncertainty will allegedly vanish between September and December. A consensus is forming…

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August, Productivity, and Prices

Aug 11, 2016 at 17:18

I really don't like August. It's nothing about the weather, or the fact that the kids are really ready to be back in school (but aren't). I just really can't…

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Natural Gas is Lighter Than Air and Its Rising – I Smell Opportunity!

Aug 11, 2016 at 17:17

During the last stock market top in 2007-2008 the price of natural gas completed a basing pattern (bottom) and broke out and had a Chris Vermeulen massive rally. Will this…

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Wednesday Report...The Chartology of the Dow Jones Industrial Average ...A Case for Optimism

Aug 11, 2016 at 08:09

Lets start off by taking an indepth look at the INDU as a proxy for the other US stock markets. A year ago this month the INDU put in an…

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Convincing the Market Rate Hikes Coming is Damn Tough: Why?

Aug 11, 2016 at 07:16

I frequently check CME Fedwatch for a look at market expectations of rate hikes. When expectations rise, I typically laugh. Given all the analysis on stunning job growth, inventory…

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$NZDUSD Short Term Elliott Wave Analysis

Aug 11, 2016 at 07:05

Preferred Elliott Wave count suggests that dips to 0.7084 on 8/8 ended wave ((x)) and pair has resumed the rally higher. Rally from 0.70840 is unfolding as a double three…

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Elliott Wave Analysis On GBPJPY And EURJPY

Aug 11, 2016 at 06:56

GBPJPY Pound keeps moving lower across the board, so we think that GBJPY will also stay under pressure for a few more sessions if we consider falling USDJPY. On the…

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USD/JPY - Trading In Range

Aug 11, 2016 at 06:46

USD/JPY's short-term buying pressures have faded around hourly resistance given at 102.83 (02/08/2016 high). A failure to go above 102.83 indicates a continued medium-term bearish momentum. Hourly support is given…