Something Interesting in Financial Video December 2014 - page 2

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Sergey Golubev
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The Case for Why Silver Is NOT Going Extinct

Some silver analysts claim that silver is going extinct -- that its supply is permanently decreasing. This video attempts to debunk those claims.


Sergey Golubev
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Sergey Golubev  
EUR/USD slumps, USD/JPY jumps, Crude slides as USD advances post NFP

Sergey Golubev
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newdigital, 2014.12.10 06:19

Video: Another Fundamental Theme Threatens to Drive Euro Lower (based on dailyfx article)

  • There are three venues of major concern for the Euro: ECB stimulus, capital flight and a return to crisis
  • To this point, the central bank's vows to leverage monetary policy have strong armed the currency lower
  • Turmoil in Greece however has set in motion the existing pieces of a return to regional financial fears

Can EURUSD break below 1.2200 before the year closes? The natural liquidity drain expected of the final weeks of the trading year works against such significant change. However, a strong fundamental driver can overwhelm the stand often taken by the remaining market participants and even draw those on vacation back to their terminals. For the Euro, there are multiple avenues of concern. The ECB's stimulus efforts have proven a key driver to this point, but the decision on a full-scale QE program seems to have been pushed back to 2015. However, two other lesser-appreciated critical themes are starting to stir. The implications of capital flight in the event of global risk aversion is still a difficult threshold to cross. Alternatively, a revived Euro-area financial fear between rising bond yields, struggling economies and austerity standoffs looks to be unfolding. In today's Strategy Video, we take a look at the Euro and what it would take to catalyze the next big leg for the currency...even before year end.



Sergey Golubev
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Forex: Bearish EUR/USD Formation Remains in Focus- AUD Hit by RBA Rhetoric

EUR/USD retains the bearish formation amid growing bets for ECB QE, while the aussie struggles to hold its ground as the RBA toughens the verbal intervention.


Sergey Golubev
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newdigital, 2014.12.13 12:53

Gold forecast for the week of December 15, 2014, Technical Analysis (based on fxempire article)

The gold markets rose during the course of the week as you can see, testing the $1250 level. That being the case, we think that the market could run into a significant amount resistance here, but we do not have the right setup to start selling yet. Ultimately, we think that this market will test the $1150 level given enough time, so at this point time we are not necessarily excited about buying gold. However, we recognize that if we get at least a daily close above the $1250 level we could start buying.



Sergey Golubev
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Sergey Golubev  

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newdigital, 2014.12.13 13:20

USD/JPY forecast for the week of December 15, 2014, Technical Analysis (based on fxempire article)

The USD/JPY pair fell during most of the week, slicing down to the 118 level. With that being the case, we ended up finding support in that general vicinity, and we believe that the markets will continue to find buyers at lower levels. We think that the 115 level is the “floor” at the moment, and we are looking for supportive candles in order to start buying again. We have absolutely no interest in selling this pair, and believe that just simply being patient is the way to find buying opportunities again and again.



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newdigital, 2014.12.13 13:22

USD/CAD forecast for the week of December 15, 2014, Technical Analysis (based on fxempire article)

The USD/CAD pair initially fell during the course of the week, but then shot through the resistance at the 1.15 level in order to continue to show serious strength. With that, the market looks as if it’s ready to continue going on its next leg up, and that pullbacks should offer value in the US dollar. The 1.13 level should be massively supportive, so we do not believe that the market will fall below there. Ultimately, we believe that this market will then head to the 1.20 level given enough time.



Sergey Golubev
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newdigital, 2014.12.13 13:24

NZD/USD forecast for the week of December 15, 2014, Technical Analysis (based on fxempire article)

The NZD/USD pair broke higher during the course of the week, as we found a bit of support below. However, there is still a significant amount of resistance above, at the 0.80 handle, and with that we feel that the sellers will step in sooner or later. We have no interest in buying this pair, as the Royal Bank of New Zealand continues to work against the value the Kiwi dollar going forward, and as a result we feel the market will ultimately go to the 0.75 handle.



Sergey Golubev
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newdigital, 2014.12.13 13:25

GBP/USD forecast for the week of December 15, 2014, Technical Analysis (based on fxempire article)

The GBP/USD pair broke higher during the course of the week, testing the 1.57 region. The fact that we done so far into the previous two shooting stars tells us that we could in fact see continuation as we have certainly seen quite a bit of pressure put on the resistance. However, we believe that the market should offer selling opportunities at higher levels. We are especially keen on selling at the 1.60 handle, as it should continue to be important based upon previous support, and now what we believe to be future resistance.



Sergey Golubev
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newdigital, 2014.12.13 13:27

EUR/USD forecast for the week of December 15, 2014, Technical Analysis (based on fxempire article)

The EUR/USD pair broke higher during the course of the week, but as you can see struggled at the 1.25 handle. This is an area that has been resistive in the past, so it makes sense that we would run into resistance again. We believe that the downtrend is most certainly still in effect, but we do not have a resistant candle to start selling yet. Because of this, we are on the sidelines as far as longer-term trades are concerned, but we certainly wouldn’t be interested in buying this market.

After all, we are heading towards the end of the year, and the liquidity will all but disappear. With that, we think that short-term traders only can be bothered to be in this marketplace, and that sudden erratic corrections can occur at any time. I have a yellow box drawn on the chart which for me signifies when the trend changes. If we get above there, extensively the 1.30 handle, we could see the market go much higher. Probably to the 1.135 level would be the next target at that point time, but it takes a lot for that to happen in our opinion.

More than likely, the market will probably do very little over the next couple of weeks, at least as far as anything along the lines of a substantial move. Ultimately, the market could bounce a bit from here and offer a selling opportunity but we would need to see the resistive candle form in order to do so. Perhaps we may get a little bit of a late December surprise, but ultimately we feel that this market is going to continue going lower once the liquidity returns the marketplace.

Looking at the longer-term charts, we believe that the 1.2050 level is the target given enough time, and as a result we are not interested in buying under any circumstances, even though we do recognize that a bit of a bounce could happen. We believe that 2015 will be very hard on the Euro as well.



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