Sergey Golubev / Blog
Fundamental Forecast for Pound: Bearish USDollar looks like a buy versus the Japanese Yen These are the key levels to watch on the USDJPY...
FundamentalForecast for Gold: Neutral Gold and Silver Surge On Safe-Haven Demand, Crude Looks To US Data Gold Jumps to Four-Month High Upward Momentum May Be Fleeting Gold prices are higher on the week with the precious metal up more than 1% to trade at $1335 ahead of the New York close on Friday...
USD/CAD Technical Strategy: Longs Preferred Bounce off key support yields Morning Star pattern Former resistance at 1.0700 now offers support USD/CAD’s break above 1...
Benefits of Pattern Recognition The First Pre-Trend Pattern: Zig-Zag Setting Stops & Profit Targets “…markets are chaotic in nature, but within this chaos are non-random patterns that repeat and are predictable” -Larry Pesavento...
Fundamental Forecast for British Pound: Neutral British Pound Rudderless After Non-Event BOE Policy Announcement June CPI May Disappoint, Trimming Rate Hike Bets and Sinking GBP Monetary policy expectations remain firmly in the driver’s seat for the British Pound...
Fundamental Forecast for Dollar: Neutral After a disappointing week for yields – despite robust commentary – rate forecasting will focus on Yellen’s testimony Volatility started to move off its historical and seasonal lows last week, but the dollar awaits a true turn Dollar Index continues to lin...
The yen managed to gain some ground in a week that saw some fear return to the markets. What’s next for currencies? Public appearances from Yellen, Draghi and Carney, rate decisions in Japan and Canada and plenty of important US figures are the highlights of a busy week...
It was a rocky week for the stock market as the drop in the momentum stocks Tuesday caught many by surprise. The social media stocks bore the brunt of the selling with large drops in Twitter, Inc. (TWTR) and Facebook, Inc. (FB...
The EUR/USD pair tried to rally during the course of the week, but as you can see gave back quite a bit of the gains in order to form a shooting star. Nonetheless, the market seems to be stuck between the 1.35 level as support, and the 1.37 level as resistance...