The Indizes switched to crisis mode. Since yesterday evening many problems appeared which scare investors. Just a Summary: 1. MH17 23:02 Britons apply for UN special session 23:11 USA-"MH17 shot by air missle" 00:35 UN Security Council meets on Friday...
CL found support level at fibonacci 50% inside channel up pattern. 105.03 will be resistance level, and if this level break Ideal target for this ABCD at level 109.37...
Downtrend will tested at double bottom and fibonacci support level. Euro fundamental still in bad result, and MH17Plane Crash on ukraine border make this level easy to break. At 4 hour chart,, strong channel down still perform...
News about a Plane Crash on russian border let the DAX fall short before closing trading day. USA reacts with sanctions for russian companys. The next years will be very hard for Russian economy...
China's GDP grew +7.5% y/y in 2Q14, accelerating from +7.4% in the prior quarter. The National Statistics Bureau also reported that the sequential GDP growth soared to +8.2% q/q, saar in the second quarter, compared with +6.1% in the priod quarter...
Following are 10 of the more prevalent mistakes I believe traders make in futures trading. This list is in no particular order of importance...
Bad result of euro fundamental force this pair to break median line of bullish flag on weekly chart. there is only 2 level of reversal, at double bottom or major fibonacci at 0.7292 In smaller timefame H4, we can see gartley perform with 0.7866 target,.. and double bottom at 0.7741...
Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity...
The US Dollar Index initially tried to fall during most of the week, but found the 80 handle to be supportive enough to turn things back around and form a hammer for the second week in a row...
The S&P 500 did in fact fall during the course of the week, but found enough support near the 1950 level to turn things back around and form a hammer the looks a bit like a hammer...
The NASDAQ as you can see fell during the course of the week, testing the 4350 level, but finding support there. The area was previously resistive, and the fact that it acted as resistance doesn’t surprises because of that...
The DAX fell hard during the previous week, testing the €9600 level. It is at this level though that we should start to see significant support come into play, and that support extends all the way down to the €9000 level, essentially making this a market that you cannot sell...
The Nikkei as you can see had a slightly negative week, but we still sit above the ¥15,000 level, a key support level in our opinion...
Fundamental Forecast for Pound: Bearish USDollar looks like a buy versus the Japanese Yen These are the key levels to watch on the USDJPY...
FundamentalForecast for Gold: Neutral Gold and Silver Surge On Safe-Haven Demand, Crude Looks To US Data Gold Jumps to Four-Month High Upward Momentum May Be Fleeting Gold prices are higher on the week with the precious metal up more than 1% to trade at $1335 ahead of the New York close on Friday...
Fundamental Forecast for British Pound: Neutral British Pound Rudderless After Non-Event BOE Policy Announcement June CPI May Disappoint, Trimming Rate Hike Bets and Sinking GBP Monetary policy expectations remain firmly in the driver’s seat for the British Pound...
Fundamental Forecast for Dollar: Neutral After a disappointing week for yields – despite robust commentary – rate forecasting will focus on Yellen’s testimony Volatility started to move off its historical and seasonal lows last week, but the dollar awaits a true turn Dollar Index continues to lin...
