Sergey Golubev / Blog
Switzerland is one of the richest countries in the world, and while its economic policies and practices largely conform with EU standards, the country's population rejected accession negotiations with the EU in March of 2001...
Although the United Kingdom is a member of the European Union, it has not yet adopted the Euro as its currency, so it is not part of the European Monetary Union...
What is price action trading? The basics of reading charts Support and resistance Basic set-ups and stop placement Two examples of trades from the forex market...
The benchmark BSE Sensex on slumped by nearly 300 points at 27,208.61 due to heavy profit-booking, chiefly in IT, oil & gas and power shares, ignoring government approving the ordinance route to implement insurance and coal reforms. The broader NSE Nifty also dipped by 92.90 points or 1...
Before financial market crises unfolder there is a steady erosion of the system's structure In 2008, an appetite for leverage and need for return led to implosion triggered by Bear Stearns The 1998 failure of Long Term Capital Management offers a similar story to the conditions we face today Fina...
Key Points: 1. Japan has an incredible debt burden 2. The country is running a budget deficit, which means it is still addicted to debt 4. The country is running a trade deficit and has a demographics crisis, which suggest it lacks the ability to grow its way out of its crisis 5...
US DOLLAR TECHNICAL ANALYSIS Prices pushed higher for a third consecutive day but negative RSI divergence casts doubt on follow-through. A daily close above the 38.2% Fibonacci expansionat 11577 exposes the 50% level at 11648...
Key Points: 1. Deflation is largely about a decline in economic growth 2. Current talks of global deflation tend to focus on a rise in emerging market debt and a rejection on the part of investors to inexpensively finance more emerging market debt 3...
US DOLLAR TECHNICAL ANALYSIS Prices edged past December’s swing top to establish a new five-year high. Near-term resistance is at 11577, the 38.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 50% level at 11648...
USDJPY USD/JPY has moved steadily higher over the past few days since finding support from just above the 38% retracement of the October low Our near-term trend bias is higher in USD/JPY while above 117.40 A confluence of Gann and Fibonacci levels around 120...