Markets / Other

Dec 06, 2016 at 15:40

For decades we have known that the time would come when Social Security and Medicare costs would begin a rapid and explosive growth upwards. That time is no longer the…

Dec 06, 2016 at 12:39

Confronted with the above doomsday scenario, the major governments pushed interest rates back down - in many cases into negative territory. This granted the variable-rate world a temporary reprieve from…

Dec 06, 2016 at 11:25

The normal bullishness of this time of year was turned on its head last year and we're beginning to wonder if it may happen again this year. In addition to…

Dec 06, 2016 at 08:10

The VIX closed at 12.14. A good close for now, while this remains a high Caution to Danger possibility for the medium term. (Remember that the market moves opposite to…

Dec 06, 2016 at 07:39

Institutional money managers move gargantuan amounts of gold market liquidity. Their fundamentally-based actions create the chart patterns that technical analysts use to try to project the next rally or decline…

Dec 06, 2016 at 07:29

EURAUD did not break below Nov 10 low yet, so pair is still trapped in wave B corrective bounce that belongs to final parts of an ending diagonal that can…

Dec 06, 2016 at 06:31

On Friday, crude oil gained 1.21% as OPEC deal continued to support the price of the commodity. In this environment, light crude re-approached the Oct high. Will we see fresh…

Dec 06, 2016 at 06:21

Short Term Oil Elliott Wave forecast suggests that the rally from 11/14 low is unfolding as a double three where wave ((w)) ended at $49.2, wave ((x)) ended at $44.82.…

Dec 06, 2016 at 06:06

EUR/GBP is riding short-term downtrend channel. Hourly support can be found at 0.8304 (05/12/2016 low) while hourly resistance is given at 0.8479 (05/12/2016). Expected to ride further lower towards 0.8400.

Dec 05, 2016 at 15:47

In response to the Italian Referendum which caused prime minister Matteo Renzi to resign, the Euro/USD took a dive from 1.0672 to as low as 1.0506. The Euro has since…