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A marked slowdown in the U.S. Consumer Price Index (CPI) may trigger a short-term squeeze in EUR/USD should the development dampen the Federal Open Market Committee’s (FOMC) scope to normalize monetary policy sooner rather than later...
The Currency Wars are still playing out Everyone knows that it’s illegal for the average ‘Joe Punter’ to partake in insider trading. Central banks have no such restrictions...
Netherlands Stockholder Association’s Director Paul Koster recently requested the central bankers to immediately ban the cryptocurrency Bitcoin. According to a report published on Dutch news service BNR, Koster deliberately chose the Bitcoin’s worst trading phase to throw tantrums over it...
A rout driven by lower energy costs and on speculation demand will weaken in China, the world’s largest metals user, sent copper down. The metal fell 7.4 percent this week after tumbling to the lowest since 2009...
The US Dollar remains in digestion against its Canadian namesake but negative RSI divergence hints a turn lower may be in the cards. A daily close below the 76.4% Fibonacci expansion at 1.1928 exposes the 61.8% level at 1.1858. Alternatively, a push above the 100% Fib at 1...
Asian shares dropped with U.S. index futures as the surprising move from Switzerland abandoning the franc’s cap extended into a second day...
For today R4 - 1.1792 / R3 - 1.1751 / R2 - 1.1728 R1 - 1.1666 SPOT 1.1632 S1 - 1.1568 / S2 - 1.1505 / S3 - 1.1466 / S4 - 1.1445 SELL AT 1.1673 FOR 1.1445, REVISED STOP AT 1.1751...
GBPUSD - With GBP Holding on to most of recovery gains, it faces the risk of further upside pressure. On the upside, resistance resides at the 1.5300 level with a break aiming at the 1.5350 level. A violation will aim at the 1.5400 level and possibly higher towards the 1.5450 level...
For today R4 - 0.7977 / R3 - 0.7947 / R2 - 0.7927 / R1 - 0.7890 SPOT 0.7832 S1 - 0.7780 / S2 - 0.7766 / S3 - 0.7695 / S4 - 0.7682 BUY AT .7785 FOR .7947; STOP AT .7695...
USDCAD - USDCAD continues to build up on more upside pressure medium term though it was seen backing off higher prices on Tuesday. On the upside, resistance is seen at the 1.2000 level followed by the 1.2050 level. Further out, resistance comes in at the 1.2100 level where a turn lower may occur...
The dollar rallied from .85 to .92 as the 10 year bond yield went from 2.62% in September to 1.83%. Gold is recovering from its early November lows at $1,140 as it almost touched $1,250 this week...
A-Hole Move & Extremely Poor Decision Making Skills Exhibited by the Incompetent People Who Run the Swiss National Bank! The Following Charts Display Major Currencies that Trade Against the CHF. Google+ Link Twitter Link Part 1 Twitter Link Part 2...
EXCEL MARKETS - CRITICAL NOTICE 15 Jan 2015 The dramatic move on the Swiss franc fueled by the Swiss National Bank's unexpected policy reversal of capping the Swiss franc against the euro has resulted in rare volatility and illiquidity...
In an unprecedented move, which throws SNB credibility out of the window, the Central Bank decided to announce an end to its 1.20 EUR/CHF protective floor, while cutting interest rates to -0.75...
Hours before the Swiss National Bank announcement to cut the LIBOR rate, there was a heavy supply signal in H1. Shorted right after that bar: The movement that proceeded : Exit right after that demand (green signal), for a total of +1375 PIPS...
Unless you’ve been living under a rock, you’ve heard that the SNB made the shocking decision to drop its peg at 1...
• Passive is Massive (FT) • Why you should buy the most despised company in America (Marketwatch) see also Buy What You Hate (TBP) • Nine Reasons Why Bond Yields Are Falling (Yardeni) • Forget Emerging Markets. Hot Topic at Davos 2015 Is the U.S...
Swiss franc surged to a record versus the euro as cash flooded into the nation after the Swiss National Bank removed a cap on the currency that had held back inflows for more than three years...
U.S. producer prices in December recorded their biggest drop in more than three years on plunging energy costs whilst underlying inflation pressures were muted, a cautionary note for the Federal Reserve as it ponders its next step on monetary policy...
Fake Investment Company Steals 1,000 BTC from Customers Group of people complained about CryptoDouble, an investment company that disappeared with around 1,000 Bitcoin...
