Sergey Golubev / Blog
The US Dollar is consolidating gains against the Japanese Yen having advanced as expected after forming a Bullish Engulfing candlestick pattern. Near-term resistance is at 119.48, the 23.6%Fibonacci expansion, with a break above that on a daily closing basis exposing the December 23 high at 120...
Owen Li, founder of Canarsie Capital, wrote to his clients - he had run their accounts down from $100 million less than a year ago to just $200,000. Reportedly, he got into a hole and took on a string of high-risk bests to try to save his firm. It didn’t work out...
Relative to bonds, S&P 500 companies may be about as cheap as they’ve ever been...
Many traders use Fibonacci Retracements to determine possible points of Support or Resistance. Fibonacci Retracements answer the question, “Where is the current retracement of a prior price swing likely to find support or resistance...
A slowdown in Canada’s Consumer Price Index (CPI) may spur fresh monthly highs in USD/CAD especially as the Bank of Canada (BoC) reverts back to its easing cycle...
Ichimoku is a technical or chart indicator that is also a trend trading system in and of itself...
S&P Got a Little Casual With its Mortgage Ratings (BV) James Grant: The balance sheet that ate Switzerland (LinkedIn) She’s No Greenspan: Yellen Signals She Won’t Babysit Markets in Turmoil (Bloomberg) see also Unfazed by market swings, Fed sticks to mid-2015 hike scenario (Reuters) “I like…...
EUR/USD may face fresh monthly lows over the next 24-hours of trade as the European Central Bank (ECB) is widely expected to announce more non-standard measures to further mitigate the risk for deflation...
2015-01-21 09:30 GMT (or 11:30 MQ MT5 time) | [GBP - Unemployment Rate] past data is 6.0% forecast data is 5.9% actual data is 5.8% according to the latest press release if actual < forecast (or actual data) = good for currency (for GBP in our case...
Technical Analysis from A to Z by Steven Achelis Millions of traders participating in today’s financial markets have shot interest and involvement in technical analysis to an all-time high...