Sergey Golubev / Blog
The Parisian index fell hard during the course of the week, testing the region just above the €4400 support level. This area is significant because it is not only a round number, but it is an area that has been both supportive and resistive previously...
Before 330ET, the Nasdaq was the lone survivor in the green this week despite every effort to spark short squeezes and ramps day after day - but that all changed as the ubiquitous late-Friday buying panic occurred of course - lifting stock green for the day (and desperately searching for green on...
EURUSD and USDCHF divergence GBPUSD momentum considerations USDJPY tests important support “Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. 1.3750 is an important reference point (year open...
After a strong rally last week, Gold has been consolidating roughly between 1326 and 1306. We saw traders during the 6/26 session respect the support around 1306, bringing back June’s bullish trend in focus. The technical conditions in the 4H chart favor a bullish breakout...
For months, Merlin has been encouraging listeners to look at their long term investment accounts to get a greater understanding of how they are positioned in these uncertain times. On this show, several listeners seek further suggestions on just how to accomplish this...
GoPro camcorders can ride the waves. But can they can survive the treacherous sea of the stock market? On Thursday, GoPro leaps into the world of public companies having sold 17.8 million shares at $24 each, at the high end of its $21 to $24 price range...
US Dollar on the Verge of Major Breakdown Again S&P 500 Digesting After Recoiling from Resistance Gold, Crude Oil Locked in Familiar Trading Ranges US DOLLAR TECHNICAL ANALYSIS – Prices remain under pressure as prices test below multi-year rising trend support set from July 2011...
The average of household spending in Japan was down 8.0 percent on year in May, the Ministry of Internal Affairs and Communications said on Friday - standing at 271,411 yen. That was well shy of forecasts for a decline of 2.1 percent on year following the 4.6 percent contraction in April...
This article is a capstone on the topic of support and resistance. Below we discuss multiple subjects within the field of support and resistance, many of which offer more detailed information by clicking on the relevant link...