Sergey Golubev / Blog
EURUSD is breaking above the ceiling at the 1.1372-86 area. The move above spent 8 hours.. The pair has been consolidating over 7 or so days until the extension higher today. The move back below the ceiling is a disappointment. Is that it? Is that all the market could do? Was that your best shot...
EURUSD: "No one wants a strong currency but Fed Chair Yellen's comment that the "dollar's gain is a factor affecting" the economic outlook, surprised the market.. The first decent resistance is 1.1468, the mid-May high, ahead of 1.1534, the February high...
The report revealed that BlueFocus will acquire a 100% stake in Domob Limited and a 95% stake in Domob Network Technology for USD289 million; and the company will acquire a 51% stake in Madhouse Inc. for USD61.2 million...
"Market participants seemed to focus on the shift lower in the Fed’s projection for the Fed funds rate, with the average “dot” for end 2015 falling to 57bp from 77bp...
Silver market is showing several multi-year extremes. That indicates that a big move is underway. Since its peak in 2011, silver lost approximately 70% of its value. Since last November, silver has formed a support area on its chart right below $16.00 per oz...
Why Is This Event Important: Signs of stronger price growth may keep the Fed on course to raise the benchmark interest rate later this year, but a continuation of the disinflationary environment may encourage the central bank to retain the zero-interest rate policy (ZIRP) beyond 2015 in an effort...
Bullish Triangle The first scenario to unpack is that the EURUSD is placing the finishing touches on a triangle masterpiece. This means the triangle is the ‘B’ wave of an A-B-C upward movement. If this is correct, then a ‘C’ wave would be a breakout to higher levels that begins from nearby levels...
"Should the Greek government and its international partners fail to reach an agreement in the emergency meetings scheduled for the coming days, a further escalation in the crisis would seem likely", argues UBS...
Obsessing Over Profit Margins Is Good Way to Miss S&P 500 Gains (Bloomberg) Energy Industry Is Gassing Down: Collapse of oil and gas prices has producers rethinking output (WSJ) Amazon Vs...