Markets

Dec 14, 2016 at 06:39

Short Term AUDUSD Elliott Wave forecast suggests that the decline to 0.7306 on 11/21 low ended wave (X). Up from there, pair is showing a 5 swing sequence from 11/21…

Dec 14, 2016 at 06:30

EUR/JPY's bullish momentum is clearly on despite some bearish consolidation. The pair is trading above former resistance at 122.01 (23/06/2016 high). The road is nonetheless wide open for further increase.

Dec 13, 2016 at 13:39

The word "collapse" instantly conjures primal feelings of both fear and excitement whenever we hear it. We fear it because it evokes our collective belief that collapse is fatal and…

Dec 13, 2016 at 13:36

Economists and economic writers bemoan deflation. Meanwhile, consumers love it. Who doesn't like better prices? One side is wrong.

Dec 13, 2016 at 09:57

Some say there is honor among thieves. Perhaps, but apparently not among the banking class of criminals when they are under serious legal and regulatory pressure.

Dec 13, 2016 at 09:20

Gold stocks and silver continue to exhibit substantial strength in the face of the decline in the price of gold. Is that strength hinting that a substantial rally will follow…

Dec 13, 2016 at 09:18

I have been warning about the increasing likelihood of a serious global trade war for quite some time. That warning is now my baseline scenario.

Dec 13, 2016 at 08:10

The collapse of oil prices has forced the U.S. shale industry to slash production costs. In order to improve the "breakeven" costs for the average shale well, the industry has…

Dec 13, 2016 at 07:39

Short Term AUDUSD Elliott Wave forecast suggests that the decline to 0.7306 on 11/21 low ended wave (X). Up from there, pair is showing a 5 swing sequence from 11/21…

Dec 13, 2016 at 06:43

EUR/USD is pushing slightly higher ahead of the Fed meeting. Yet, hourly resistance is far away given at 1.0874 (08/12/2016 high). Support can be found at 1.0506 (05/12/2016 low). Buying…