Markets

Nov 05, 2014 at 07:12

GBPUSD is trying to recover from earlier losses to 1.5864 which was probably wave (v) low and not wave (iii). The reason is a sharp bounce now above 1.5960 that…

Nov 05, 2014 at 05:56

Japan's economy is down but not yet out. The world's third largest economy won't go quietly. Both these statements are merely my opinion, but if you believe there's a risk…

Nov 05, 2014 at 05:55

For now, the economic confidence engendered to a large extent by the rising stock market is putting irresistible downward pressure on the gold price.

Nov 05, 2014 at 05:35

USD/CAD has broken the resistance at 1.1385, confirming the underlying bullish trend. Hourly supports can be found at 1.1385 (previous resistance) and 1.1340. A resistance is given by the psychological…

Nov 04, 2014 at 11:53

Earlier today, official data showed that retail sales in Australia increased by 1.2% in September, beating expectations for a 0.4% rise. As a result, AUD/USD bounced off a one-month low…

Nov 04, 2014 at 11:52

The stock market has recently experienced unprecedented and rare moves. From a political perspective, it has been rare in recent years to see Republicans and majority used in the same…

Nov 04, 2014 at 11:51

Wallstreet use the Dow Jones Industrials and the SP500 as marketing tools, yet there are other less well known indexes that portray the stock market trend better.

Nov 04, 2014 at 11:50

Briefly: speculative short positions, stop-loss at $377, take-profit at $307. The British government is looking to have a discussion with the Bitcoin community on how to deal with the cryptocurrency,…

Nov 04, 2014 at 10:10

In January of 2011, I swapped a fair amount of physical silver bullion for physical gold bullion. A couple of weeks ago, I reversed the swap.

Nov 04, 2014 at 10:10

A three week cycle (~23-26 trading days) expanded to 30 days to mark the high on 9/19/14. It appears to have expanded again as Monday marked 31 trading days since…