Markets

Mar 10, 2016 at 07:52

AUDUSD has three waves down so uptrend may continue soon as this is a structure of a corrective price action. However, based on the degree of a pullback in current…

Mar 10, 2016 at 07:06

Silver is very volatile, mixing large ups and downs. Hourly resistances are given at 15.80 (12/02/2016 high) and 15.93 (11/02/2016 high). Hourly support can be found at 15.18 (04/03/2016 low).

Mar 10, 2016 at 06:31

In our opinion, speculative short positions are favored (with stop-loss at 2,050, and profit target at 1,900, SP500 index).

Mar 09, 2016 at 20:48

It's been awhile since we last looked at the US dollar which has been consolidating its big impulse move up. The reason I haven't posted it much is because it's…

Mar 09, 2016 at 20:46

EC president Donald Tusk slammed German chancellor Angela Merkel in a tweet. Guess who tweeted in defense of Merkel. Alexis Tsipras, prime minister of Greece.

Mar 09, 2016 at 19:20

Over the weekend, my thinking was we had higher prices ahead of us. I actually ignored the astrological reversal mid-zone of the Sun translating Neptune, Saturn and Jupiter on March…

Mar 09, 2016 at 18:07

We have a possible reversal setup although in order to confirm that a bottom is in place Oil must break and sustain above the falling 10 dma which today stands…

Mar 09, 2016 at 17:29

It took precisely one day for the rest of Europe to realize Merkel has gone mad with her "Deal with the Devil" that would have granted visa access to 79…

Mar 09, 2016 at 17:27

Canada, bucking an international trend that has seen central banks become net buyers of gold since 2010, has sold off all its official gold holdings. Canada's official international reserves last…

Mar 09, 2016 at 16:20

With the European Central Bank (ECB) getting ready to take center stage Thursday, the concept of negative interest rates has many investors scratching their heads from an economic benefit perspective.