All Blogs
The FTSE fell during the course of the week, testing the 6700 level. This of course is an area that has been supportive and resistive time and time again, so the fact that we bounced from there isn’t that big of a surprise...
The Chinese manufacturing purchasing managers' index, or PMI, rose to a six-month high in June after a weak start to the year, the results of a survey by the China Federation Of Logistics And Purchasing and the National Bureau of Statistics showed Tuesday...
The Dow Jones 30 fell during most of the week, but found enough support at the 16,800 level to turn things back around and form a hammer of sorts. The 17,000 level just above is massive resistance, so we can get above there we believe that this market could continue to go much higher...
The natural gas markets fell again during the course of the week, testing the $4.60 level but failing. Ultimately, we did push towards the low of the recent consolidation area, and as a result we now find ourselves in a situation where this market is going to test significant support...
The silver markets rose slightly during the sessions over the past week, but as you can see that $22 level is an area that has caused resistance previously...
What risk setting do you use? Do you use your stop distance to determine risk, or do you use risk to determine your stop distance? I use both, and actually don't use a stop most of the time...
The IBEX fell during the course of the week, but found the €10,900 level to be supportive enough to keep the market somewhat afloat. Because of this, we feel that the buyers will stepping sooner or later, but also recognize that the €10,700 level is much more supportive...
The Italian index looked a bit soft during the course of the week, closing towards the very bottom of the range. This suggests that the market could continue to fall from here, and that’s course reasonable considering that there is a massive gap below that has yet to be filled...
The gold markets had a slightly positive week over the last five sessions, but that being the case the market continues to look a bit ported. Nonetheless, we believe that this market should eventually go higher, and head to the $1400 level...
The Canadian dollar rose to almost six-month highs against the U.S. dollar on Friday, after a strong inflation report the previous Friday eased concerns over the subdued inflation outlook...
The pound remained supported above the 1.70 level against the dollar on Friday, trading within striking distance of six-year highs amid heightened expectations for a U.K. rate hike before the end of the year...
Neural Network Model The neural network is constituted by a large number of nerve element interconnect network. According to the interconnection of the neurons in thenetwork, the common network structure can be divided into the following three categories: 1...
The dollar fell to one-month lows against the firmer yen on Friday as upbeat U.S. consumer sentiment data failed to bolster the outlook for the wider recovery after data earlier in the week showed that first quarter growth was revised down sharply...
The dollar fell to five-week lows against the Swiss franc on Friday, despite improved U.S. consumer sentiment data after poor economic reports earlier in the week undermined the outlook for the broader recovery...
The Dallas Fed's latest manufacturing outlook survey is out, and the numbers look good. The headline index jumped to 11.4 in June from 8.0 in May. Economists were looking for a reading of 8.5...
GOLD TECHNICAL ANALYSIS Prices are treading water after launching sharply higher last week to challenge resistance at 1321.64, the 38.2% Fibonacci expansion. A break above this barrier targets the 50% level at 1346.78. Alternatively, a turn back below the 1300/oz figure aims for the 1277...
The New Zealand dollar ended Friday’s session close to a 34-month high against its U.S. counterpart, as upbeat U.S. consumer sentiment data failed to dispel concerns over the outlook for the wider economic recovery. NZD/USD hit 0...
The dollar ended the week lower against a basket of major currencies on Friday as upbeat U.S. consumer sentiment data failed to dispel concerns over the outlook for the wider economic recovery. The final reading of the University of Michigan's consumer sentiment index rose to 82...
The US Supreme Court ruled that a computerised financial trading system cannot be patented because it is based on an 'abstract' idea...
