Exchange rate forecasts for 2015 from research house TD Securities have confirmed a bearish slant regarding the euro dollar exchange rate (EUR/USD) pairing...
The key theme on the gold price chart are the two trading ranges since gold’s all time highs. One trading range started end of 2011 and lasted till early 2013, the second one is still in play. In technical terms, both trading ranges took the form of a descending triangle...
The Gold Report: In late November, BMO Chief Economist Doug Porter warned that interest rates could move higher sooner rather than later in 2015. What's your 2015 outlook for gold given that information...
US DOLLAR TECHNICAL ANALYSIS Prices have flat-lined after hitting a five-year high, with negative RSI divergence warning a downturn may be ahead. Near-term resistance is at 11577, the 38.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 50% level at 11648...
he Fed official exited its asset-purchase program in October and is on the path of monetary-policy normalization after using extraordinary measures to support the U.S. economy in the aftermath of the 2007-08 credit crisis...
U.S. economic performance and monetary policy is key – but under almost any economic scenario, I see gold appreciating. Despite a few recent positive indicators – and the benefit of lower energy costs – I see the macro economy stumbling in the months ahead...
The outlook for the British pound (GBP) took a negative turn in October and it appears sentiment will struggle to improve as we head through 2015...
Price & Time Analysis: EUR/USD EUR/USD fell to its lowest level since August of 2012 on Tuesday Our near-term trend bias is lower in EUR/USD while below 1.2360 The 50% retracement of the all-time low and the all-time high around 1...
OIL PRICE BONUSEurope is about to have the world’s largest trade surplus WRITTEN BY Steve LeVine@stevelevine...
The USD/CAD pair has had a nice run since the middle of 2012, and I believe that it will continue. It’s possible that we might get a little bit of a pullback first, but ultimately I believe that the trend line that I have on the monthly chart is going to hold...
Before financial market crises unfolder there is a steady erosion of the system's structure In 2008, an appetite for leverage and need for return led to implosion triggered by Bear Stearns The 1998 failure of Long Term Capital Management offers a similar story to the conditions we face today Fina...
US DOLLAR TECHNICAL ANALYSIS Prices pushed higher for a third consecutive day but negative RSI divergence casts doubt on follow-through. A daily close above the 38.2% Fibonacci expansionat 11577 exposes the 50% level at 11648...
USDJPY USD/JPY has moved steadily higher over the past few days since finding support from just above the 38% retracement of the October low Our near-term trend bias is higher in USD/JPY while above 117.40 A confluence of Gann and Fibonacci levels around 120...
This year gold has come up 12 per cent against the yen, 9.5 per cent against the euro and for Russian holders - up 80 per cent. The precious metal has always been an ideal hedge amid currency wars, and investors stocking up on bullion at current depressed prices know what they are doing...
US DOLLAR TECHNICAL ANALYSIS Prices arestruggling to breach December’s high, with negative RSI divergence warning a double top may be forming. A daily close below the 14.6% Fibonacci retracementat 11489 exposes the 23.6% level at 11379...
2014-12-23 09:30 GMT (or 11:30 MQ MT5 time) | [GBP - GDP] past data is 3.2% forecast data is 3.0% actual data is 2.6% according to the latest press release if actual > forecast (or actual data) = good for currency (for GDP in our case...
Forecasts For EUR/USD, USD/JPY, AUD/USD, NZD/USD, AUD/NZD — Westpac Westpac (abbr. From the English...
With all the "talk" of diverging paths of monetary policy... one could be forgiven, if glancing at the chart above, for thinking the inevitable endgame of Keynesianism is very much at hand as first The BoJ, then The Fed, then Europe all enter ZIRP... and now NIRP...
A slowdown in Canada’s Consumer Price Index (CPI) may spur fresh monthly highs in USD/CAD especially as the Bank of Canada (BoC) remains reluctant to further normalize monetary policy...
