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Markets / Other

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NZDUSD Elliott Wave Analysis: Possible Diagonal Move in the Making

Jan 18, 2017 at 06:36

NZDUSD move up from 12/23 low is extending and it looks like the move up from 12/23 low is unfolding as an Elliott wave diagonal when pair is still in…

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EUR/JPY - Old Support Becomes New Resistance

Jan 18, 2017 at 06:27

EUR/JPY is trading mixed. The pair is stalling below former support given at 121.68. Weak demand indicates no near term challenge to range top. Expect to see increasing short-term bearish…

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Translation of George Carlin's Political Commentary

Jan 18, 2017 at 06:23

It's called the American Dream, because you have to be asleep to believe it.

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Clear, Concise Brexit Idea From Theresa May: 'No Deal Better Than Bad Deal'

Jan 18, 2017 at 06:20

The British pound surged nearly 3% today after UK Prime minister Theresa May added clarity to the Brexit decision. "No deal for Britain is better than a bad deal for…

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Gold Stocks: Fabulous Rally Accelerates

Jan 17, 2017 at 09:58

Rate hikes tend to be good for gold, and even better for gold stocks.

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Elliott Wave Analysis: GBPUSD and EURUSD

Jan 17, 2017 at 08:18

We see USD down sharply against GBP after Brexit speech. Pound is one of the strongest today, breaking above important channel resistance line near 1.2200 which means that market completed…

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The Top 5 Places To Work In U.S. Oil And Gas

Jan 17, 2017 at 07:49

Anadarko Petroleum and Chevron have emerged as the top two employers in U.S. oil and gas, according to a survey conducted by the job site Indeed. The top five for…

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Returning Gold Bulls

Jan 17, 2017 at 07:17

Since the Cycle turn, this has been a rather interesting first Daily Cycle in gold. Mostly because the rally over the first twenty days has been fairly constant, with the…

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Rally in Gold and Gold Stocks Has More Upside

Jan 17, 2017 at 06:50

Gold and Gold stocks have rallied as expected and the consolidation in the miners in recent days looks bullish. GDX and GDXJ have digested the recent recovery quite well as…

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GBPUSD Elliott Wave Analysis: More Downside While Below 1.2318

Jan 17, 2017 at 06:38

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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