Markets

Sep 15, 2014 at 12:06

Using the standard weekly currency chart we followed along for months as the Euro found resistance at the long-term downtrend line as expected, the commodity currencies long ago lost major…

Sep 15, 2014 at 05:53

Wall Street powerhouse Goldman Sachs has recently reiterated its negative view on gold, which it has held for the past year. However, it is now doubling down on this view…

Sep 15, 2014 at 05:49

EUR/USD is trying to bounce from its oversold decline. However, the hourly resistance at 1.2988 (05/09/2014 high) has held thus far. A break of the hourly support at 1.2860 would…

Sep 15, 2014 at 05:47

SPX has started what (for now) appears to be a consolidation pattern which does not look complete. We will need at least another week to evaluate whether it deteriorates into…

Sep 14, 2014 at 20:11

At this stage I expect Silver should end this first wave down next week. The short term target is 18.335. Thereafter, a second wave correction should unfold which may be…

Sep 14, 2014 at 20:08

The US Dollar has gone gang busters after breaking above 81.7 and clearly has broken out. This has implications for everything else. As the US Dollar is a Reserve Currency,…

Sep 14, 2014 at 17:25

The sideways market rules and a little weakness sets in at the end of the week as the market closes at the lows of the consolidation (and even weaker in…

Sep 14, 2014 at 17:24

Just like the US and the EU, Switzerland at the federal level is ruled by a group of elites who are more concerned with their own status, well-being, and international…

Sep 14, 2014 at 06:40

Again we see new Bearish Divergences forming all over the place. This places us on high alert this weekend for another decline. Will it be a plunge? Let's explore.

Sep 13, 2014 at 20:02

I never believe government manufactured numbers. They will always be adjusted, massaged, and manipulated to achieve a happy ending for the propagandists attempting to control and fleece the sheep. Yesterday,…