Facebook, Amazon, Netflix and Google — collectively named F.A.N.G. — have had an impressive ascent since 2012, and a modest run this year, even when accounting for the August selloff, says Dana Lyons, partner at J. Lyons Fund Management...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend. Besides this analysis and the corresponding chart I also provide the Forex ranking and rating list...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week...
The concept of fiat money and the concept of social intervention is a sweet lie, says Rick Rule, CEO of Sprott US Holdings Inc., in a conversation with Mike Maloney, as they discuss the reasons of the stock market crash...
USD: Selective Pullback. Bullish. We stick to our medium term USD bullish view but acknowledge that in the face of a disappointing ECB, EURUSD rallies could have a broader impact on FX markets, pressuring USD elsewhere...
Earlier EURUSD was moving in ascending triangle and the price has broken the lower line of triangle. After the support was broken the price had no resistance and was falling during 1 month until it approached long term support which was created by previous low in March 2015...
crude oil prices dropped more than 2.7% on Friday after OPEC announced it had agreed to roll over its policy of maintaining crude production in order to gain market share. This easily offset a drop in oil rigs which could reduce U.S. production. Baker Hughes reported its weekly count of U.S...
The Philippine central bank said preliminary data show domestic liquidity in October rose 9.5% on the year, compared with the 8.7% increase in September, mainly reflecting faster growth in bank lending. The central bank said M3, the measure of domestic liquidity, increased to 7...
First, a review of last week’s forecast: - as for the EUR/USD, the past week showed vividly that fundamental events can refute all forecasts of technical analysis...
AUD USD, “Australian Dollar vs US Dollar” Australian Dollar is still consolidating. The price may be corrected towards 0.7200 and then continue growing to reach 0.7400...
USD JPY, “US Dollar vs Japanese Yen” Yen is consolidating. The price may grow to reach 123.80. After that, the pair may return to 123.00...
USD CHF, “US Dollar vs Swiss Franc” Franc has almost completed the fourth correctional structure. The price may start forming the fifth wave to reach 1.0530...
Pound is being corrected. The price may fall towards 1.5071. Later, the correction may continue to reach 1.5250 (an alternative scenario). After that, the instrument may continue falling to reach 1.4848...
EUR USD, “Euro vs US Dollar” Being influenced by the news, Eurodollar has started a correction. The market has almost reached the target of the fourth wave. The main scenario remains the same – today the price may continue falling inside the downtrend and start the fifth wave with the target at 1...
Australian Dollar is trying to get back under the 8/8 level and resume its decline. The closest target is at the 6/8 level...
Eurodollar rebounded from the -2/8 level and started a significant growth, during which the stops on my sell orders worked. In the nearest future, the price may start a local correction. If later the market rebounds from the 2/8 level once again, chance of selling...
Australian Dollar is quite calm, that’s why our previous scenario remains the same. Probably, in the nearest future the pair may finish the wave [ii] in the form of the double zigzag...
Because of the activity in European currency pairs, the situation with Yen is also quite complicated. Consequently, there is a risk that the price may have completed the zigzag in the wave 4, which means that the fourth wave itself may yet continue...
The diagonal triangle formed by the price may turn out to be both the wedge in the wave [i] of 3 and the wave C in the zigzag, which may be followed by a correction on the major wave level...