Daily Cadlesticks provide important trading informations as most of the reversal patterns fails can be used as timing for entery when hammer fails its drop more downside ,acting as support ?resistance levels and break out levels showing by drawing horizontal lines...
According to the International Energy Agency (IEA), sharp drops in the United States rig count had been the "key driver" of a recent recovery in oil prices, which had seen crude prices increase to $60 (56 euros) per barrel after falling as low as $46 in January...
In a huge development, RedditMarket has announced that it is now accepting Bitcoin payments. It is a merchandise store of Reddit which has been playing vital role in bringing the Bitcoin supporters at one place...
On Friday, losses in the Information Technology, Metals & Mining and Materials sectors led Australian shares lower. At the close, the S&P/ASX 200 fell 0.61...
The British currency rose off eight-month lows on Thursday, after data showed that the U.K. trade deficit narrowed more-than-expected in January and as sentiment on the greenback weakened ahead of U.S. economic reports due later in the day...
Google shares have been on a strong rally at the start of the month but retreated upon testing resistance near the $580/share level. MACD just reached the overbought level and is turning lower, indicating that a selloff might take place...
Copper prices rose on Thursday, as a recent series of downbeat Chinese economic data fuelled speculation China's authorities will have to introduce further stimulus measures to boost growth and combat deflation...
On Thursday the Australian dollar rose against its U.S. peer, bouncing off six-year lows after upbeat Australian employment data was released, while demand for the greenback slowed down ahead of upcoming U.S. economic reports...
Since the surging dollar is cutting demand for the precious metal, gold is nearing a three-month lows after posting eight straight declines. A ninth drop on Thursday would be the longest losing run since 1998, says Bloomberg...
On Thursday Asian shares gained with Tokyo jumping on a weaker yen as central banks around the region move to easy or neutral policies...
The U.S. dollar is trading at a 12-year high against the euro and 8-year high versus the Japanese yen. In many respects, it is a sign that the American economy is healthier than the European one, as well as many others around the globe. While the euro is currently worth about $1...
Greece still needs to come up with a package of reforms that its creditors could accept. A final tranche of funding under the existing bailout will only be released if agreement is reached on reforms...
On Wednesday oil prices staged a moderate recovery, as market players anticipated key U.S. inventory data. Data from an industry group late Tuesday showed that U.S...
On Wednesday the pound slid versus the U.S. dollar, re-approaching a five-week low after data indicated that U.K. manufacturing and industrial production dropped in January...
On Wednesday the euro dropped to a 12-year low as national central banks in the euro region were said to have purchased sovereign debt for a second day on Tuesday in their quantitative-easing program...
This morning, precious metals are little changed with the exception of silver which is up 0.4 percent in price at $15.72, while gold is at $1,163.30...
In a conversation with Kitco News, Peter Hug has suggested that fundamentals look weak for gold. But despite the decline, uncertainty over Grexit was supporting the gold...
On Wednesday most Asian stocks were lower, impacted by steep declines on Wall Street sparked by worries about a looming U.S. interest rate hike...
gold market must be come 1154.30, 1145.20, 1139.8 before friday...
Linda Bradford Raschke covers: Combining Taylor's philosophy with a 2-period ROC and pattern recognition Finding ideal trade location Determining trading range vs trending environment Conditions that lead to extended runs or persistency of trend...
