Sergey Golubev / Blog
EURUSD failed again last week at Gann resistance in the 1.1040 area Our near-term trend bias is positive on the euro while above 1.0760 A move through 1.1040 is needed to set off a more serious advance A minor turn window is eyed around the latter part of the week Only weakness below 1...
US DOLLAR TECHNICAL ANALYSIS Prices are attempting to rebuild upside momentum after correcting downward as expected. Near-term resistance is at 12066, the 14.6% Fibonacci expansion, with a break above that on a daily closing basis exposing the 12149-77 zone (23.6% level, March 13 high...
US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, with prices digesting losses near monthly lows. A daily close below the 11858-86 area (23.6% Fibonacci retracement, March 18 low) exposes the 38.2% level at 11679...
Over the last week both gold and silver were higher before stabilizing on Friday. The Fed induced rally which started on Wednesday March 18th, was probably the “reason” for the optimism in the precious metals complex...
Crude oil and energy stocks are tricky to navigate in a situation like this where the equities market is nearing a bull market top. It is critical to remember that when the US stock market turns down and starts a bear market virtually all stocks and commodities will fall in value...
Motorola's global development and quality test center has been positioned within Lenovo's Wuhan operational zone. This new center will cover various sectors, including manufacturing, operations, management, development testing, trade, and sales...
Why are interest rates so low? (Ben S...
Since the beginning of January 2014 stocks have shown signs of institutional selling. This can be seen in the small capitalization stocks index the Russell 2000. This group of stocks generally leads the S&P 500. The chart posted below shows some of my analysis of the SP500 index...