Sergey Golubev / Blog
Even though European Central Bank (ECB) President Mario Draghi continues to endorse a dovish tone for monetary policy, EUR/USD may face a larger correction as the Relative Strength Index (RSI) breaks out of the bearish trend...
Strong Dollar Hammers Profits at U.S. Multinationals (WSJ) Richard Fisher, Often Wrong but Seldom Boring, Leaves the Fed (NY Times) Economists agree: deflation is either good, or bad, or irrelevant (FT Alphaville) Why are so few homes for sale in the Bay Area...
Gold closed the week at $1,183.16 up $24.61 per ounce (2.12%). Gold stocks, as measured by the NYSE Arca Gold Miners Index, rose 0.45%. The U.S. Trade-Weighted Dollar Index lost 2.40% for the week...
D1 price is on primary bearish with market rally started on open D1 bar: The price is located below Ichimoku cloud/kumo and below Senkou Span A line which is indicating the bearish market condition Chinkou Span line is located to be near the price to be crossed on from below to above for good fut...
D1 price is on primary bearish market condition with the secondary ranging: The price is located below Ichimoku cloud/kumo and below Senkou Span A line Chinkou Span line is located too far for any future possible breakdown/breakout Nearest support levels are 1...
US Dollar - "What is perhaps even more remarkable from this past week, was the swell in risk appetite following the Fed decision. Even a delay to the start of a tightening regime still clarifies the central bank’s ability and intention to raise rates...
Inflation data in the UK and the US, housing data from the US, German Ifo Business Climate, US Core Durable Goods Orders, Us Unemployment Claims and Stephen Poloz’ speech. These are the highlights of this week. Follow along as we explore the Forex market movers...
Disney’s $1 Billion Bet on a Magical Wristband (Wired) A Sucker Is Optimized Every Minute (NY Times) Funds Run by Robots Now Account for $400 Billion (Bloomberg) Inside Graphene City, Birthplace of a Wonder Material (Vice) How luck works (Aeon...
With the advent of global QE, and zero interest rates, have central banks unlocked the key to perpetual bull markets? They have managed to stretch some of the multi-year cycles, and hold off the bear much longer than most have anticipated...
The megaphone pattern, also known as the broadening top pattern, involves price making higher highs AND higher lows. As such, it is indicative of greater volatility and instability in the market...