GBPUSD posted its biggest monthly decline in July since May 2013. The selling pressure was driven by the strengthening U.S. economy and increased expectations for higher U.S. interest rates. The U.S. Non-Farm Payrolls report, due to be released on August 2, could set the tone for August...
Hong Kong’s latest inflation-linked bonds rose on their debut on speculation investors are switching to the new notes to extend the maturity of their holdings. The linkers due 2017 rose 5.2 percent at the close, Hong Kong Stock Exchange data show. Similar securities due 2016 fell by 0.3 percent...
This is the most depressing day in the cryptocurrency markets as every top coin, including the likes of Bitcoin, Litecoin, Darkcoin, Dogecoin, etc. have fallen massively in the last 24 hours. Here is the full report: BTC/USD The BTC/USD opened yesterday while being trading at around $591...
U.S. stock-index futures climbed, indicating that equity benchmarks will extend a rally that has already produced the biggest two-day gains since April...
Tuesday -- Sweet Tooth for Candy Crush There has never been a mobile app as lucrative as King Digital Entertainment's Candy Crush Saga, paving the way for the casual gaming darling's initial public offering earlier this year. King went public at $22...
Fundamental Forecast for Gold: Neutral Crude Soars As Iraqi Supply Fears Reignite, Gold Gains On Haven Demand Gold Reverses from Fibonacci Level and 200 DMA Looking ahead to next week the US economic docket will be rather light with only retail sales, industrial production and the University of M...
Fundamental Forecast for Australian Dollar: Bearish AUDUSD Extends Declines As Risk Aversion Saps Carry Demand Aussie Left Vulnerable As Rate Hikes Look Increasingly Distant Geopolitical Tensions May Pose A Short-Term Threat To The AUD The Australian Dollar extended its recent declines over the p...
Let’s begin with a quote in Latin. That will put us in the right mood – reaching for the eternal verities: “Fere libenter homines id quod volunt credunt”. That was written by Julius Caesar in his De Bello Gallico, his account of the conquest of Gaul...
“USDCAD has fallen apart which ironically means it is probably going to find some sort of low soon. The rate is nearing important price levels. The 2011 high at 1.0657 and current year open at 1.0634 are possible supports...
“Of note is a weekly outside reversal and weekly RSI rolling over from above 70 this week. Prior instances of RSI rolling over (2004, 2006, and 2007) from above 70 indicated tops of at least several months...
In recent hours the AUDUSD is easing back a little after dropping so sharply in the last 24 hours from above 0.9350 down to a two week low at 0.9260. In the last 48 hours the Australian dollar had surged higher to a one week high near 0.9375, before easing back and then falling sharply...
1. Stock market investing vs. trading. Real stock market professionals understand that you cannot make money fast by investing into dividend paying stocks for the long haul. Stock trading is the only way for fast stock market investing success...
Prices are attempting to recover after putting in a bullish Piercing Line candlestick pattern above support at a rising trend line set from June 2012. Near-term resistance is at 98.93, the 14.6% Fibonacci expansion, with a break above that exposing the 23.6% level at 100.41...
Prices launched higher as expected after putting in a bullish Piercing Line candlestick pattern. Resistance is now at 1320.12, the 38.2% Fibonacci expansion. A break above that on a daily closing basis exposes the 50% level at 1332.49. Alternatively, a reversal below the 23.6% Fib at 1304...
Prices declined as expected after putting in a bearish Evening Star candlestick pattern with negative RSI divergence. A break below the 38.2% Fibonacci retracement at 1921.80 has exposed the 50% level at 1900.30. Moving further below that eyes the 61.8% Fib at 1878.70...
Gold prices are seeing a mild downside technical correction following the strong gains posted Wednesday. There is also a bit less risk aversion in the market place Thursday, which is not bullish for the safe-haven gold market. December Comex gold was last down $1.30 at $1,305.40 an ounce...
By the end of May, the decline in the benchmark 10-year U.S. government note yield to 2.40% marked its lowest reading since July 2013...
The pound was little changed against the U.S. dollar on Thursday, after the Bank of England left interest rates unchanged and announced no change to its asset purchase facility program. GBPUSD hit 1...
Stock market investing provides a great vehicle to potentially earn a lot of money. However, you can only be successful if you have the right knowledge and information. The following tips can provide some advice on how to maximize your stoick investment opportunities...
