Sergey Golubev / Blog
The forex market has seen some movement. Any decent change in currency prices provides investors opportunity; something that has been in short supply over the past month...
Q&A With Robert Prechter: Why Technical Analysis Beats Out Fundamental Analysis As the major stock markets turned down in late 2007 and then started to rally in March 2009, many people who believed in fundamental analysis have begun to question its validity...
USD/CAD pair bounced hard off of a trend line during the week, especially perpetuated by the move on Friday. The Friday move of course was brought on by an extremely horrible Canadian employment announcement...
Gold prices have steadied on Tuesday, as the spot price stands at $1309.23 per ounce late in the European session. Gold slipped about 2% on Monday, as the pair fell close to the $1300 level. On the release front, Monday's highlights are Core Retail Sales and Retail Sales...
The USD/JPY pair fell during the bulk of the week, testing the 101 level yet again. This level has been supportive for quite some time though, essentially the entirety of the year 2014. With that being the case, the market could bounce from here and that’s essentially what we expect...
The silver markets initially fell during the week, but found the $21.40 level to be supportive enough to turn things back around and form a hammer. We believe that the market will ultimately break above the $22 level, and if we get above there we go all the way to the $25 handle...
Argentina and Germany are both feeling the effects of Sunday’s World Cup final game on the trading floor today. As upbeat as Germany’s markets were Monday, Argentine stocks were as downcast as fans of the country’s football team to start the day, with the national benchmark losing as much as 1.3...
The US Dollar Index initially tried to fall during most of the week, but found the 80 handle to be supportive enough to turn things back around and form a hammer for the second week in a row...
After having studied a text like Brooks' above, you will be well on your way to being skilled within basic econometric theory and time-series modelling...