Markets

Dec 13, 2013 at 05:59

EUR/JPY's overextended rise continues to move higher. The technical structure remains positive as long as the support at 140.92 holds. An initial support stands at 141.93 (intraday high).

Dec 12, 2013 at 15:37

The Federal Reserve has been looking for noticeable improvement in the economy to allow them to begin paring back their latest quantitative easing campaign. Thursday, economic bulls went 2-for-3.

Dec 12, 2013 at 11:23

If one was to believe the picture that most Western media outlets are painting, Ukraine has been lost to Russia. Though the country fought valiantly to sign an Association Agreement…

Dec 12, 2013 at 10:40

Much has been made of the 203 thousand jobs that were added in the November employment report in the US. It was the second month in a row for 200…

Dec 12, 2013 at 09:15

The potential "tapering" of quantitative easing can be likened to a lessening of chemotherapy treatments when a cancer patient's symptoms change. It means one thing if the patient is being…

Dec 12, 2013 at 06:33

From the long- and medium- term perspectives, the outlook for oil stocks remains bullish and the uptrend is not threatened at the moment. However, taking into account the medium- and…

Dec 12, 2013 at 06:08

A deep retracement on GBPUSD to 1.6340 in the last 48 hours appears to be only one leg of minimum three wave set back. We reworked the wave count and…

Dec 12, 2013 at 06:02

Lets look at some of the Diamond formations and see how they have showed us the way lower, while most investors don't have a clue to what is actually happening…

Dec 12, 2013 at 05:25

With so many criminals holding seats in Parliament, Indians are used to the turpitude of government and are happily buying what gold they can from smugglers at a $50 discount…

Dec 12, 2013 at 05:10

AUD/USD weakened sharply yesterday, confirming an underlying bearish trend. Monitor the support at 0.8999. Hourly resistances stand at 0.9082 (intraday high) and 0.9168.