Crude oil is now at the upper side of a weekly trading range, approaching 95.58 region but a triangle that we are tracking suggests another pullback down to 96.50/80 trend-line before pattern can be complete. This would then be ideal scenario, but in any case we believe that sooner or later new swing high will occur.
Elliott Wave Analysis For GOLD (based on forexminute article)
GOLD is still trapped between 1231 bearish and 1270 bullish zone, but because of only three wave fall from 1278 we expect a continuation higher, back to the highs; ideally from current levels while 1239 holds.
Spain takes altitude , Italy barely manages to balance
Services fail to be the addition, but the pace of development is slow , according to indices published euro area today . Italy just approaching the neutral line , posting 49.4 points, one that would signal that the sector is no longer shrinking , while Spain is a notable addition to the 54.9 points, but still below average estimates . On a comparison chart between the two major world economies U.S. look better , but slowly the difference vis-a -vis the Euro area diminishes. It's a trend that can continue without stopping still thirst ECB monetary boost economic bloc .
In relation to the Japanese yen, the Euro has shown weakness in early correlated with risk aversion sentiment which has seized the capital markets. You could suffer again if Draghi press conference in keeping with widespread pre- announce new monetary measures , perhaps a lowering of interest on deposits in the negative .
Greece may receive an extension of the maturity payment received financial aid from the EU to 50 years , with a cheaper cost of 0.5 percentage points, according to recent debates . Dilapidated economy recession can not resist the current cost reimbursements . In fact, a third sequence variant that includes funding would be masked indirect recognition of bankruptcy of Athens, and the choice of rescue was determined by political reasons and to avoid domino effects rather than strictly judging the situation in Greece .
The Swiss Franc pulled back against the US Dollar yesterday but prices failed to reclaim a foothold above support-turned-resistance at 0.9038, the 38.2% Fibonacci expansion. A daily close above this barrier initially exposes the 50% level at 0.9081. Alternatively, a reversal below support at 0.8986, the 23.6% Fib, eyes a rising trend line set from mid-December (now at 0.8950).
On balance, positioning is little-changed from yesterday, with prices oscillating in a choppy range around familiar levels and offering little by way of a discernibly attractive trade setup. We will keep to the sidelines for now, waiting for something actionable to emerge.
Stocks Have Experienced A Major Technical Breakdown Today: Charts (based on forbes article) Key technical levels have been broken in the U.S. and Japanese stock markets, making further declines likely...
AUDCHF Technical Analysis (based on StraightTalkTrading.com article by Kaye Lee)
Accelerating Downtrend in AUD/CHF "Bounce-or-Break" Scenario on Daily Chart 3 Ways to Trade This Short Set-up
AUDCHF is not a pair that often features in most traders' considerations, but it may well be setting up for a nice move soon. The weekly chart below shows a downtrend that has accelerated over the past year, as evidenced by the steeper trend line. Although there is almost certainly divergence regardless of which indicator is used, even a single weekly candlestick downwards could potentially yield 150 pips or more. Given how long this trend has been in force, it is certainly wiser to go with the downward flow rather than bet against it.
The recent momentum that has caused price to barrel into the resistance zone is cause for concern. Thus, an additional level of resistance has been estimated using the Fibonacci expansion tool. This provides a smaller resistance area (0.8090-0.8134) within the larger zone, but given how close the top is to the larger zone, the final preferred risk zone is 0.8090-0.8141. This zone is only 51 pips in depth, which is acceptable on the risk side of the equation.
It is worth noting that by targeting a smaller resistance zone, the trade may actually miss triggering by just a little before shooting down, but that is a trade-off that more conservative traders must accept. Aggressive traders, on the other hand, could still use the original blue box on the hourly chart, provided they are extremely defensive in their trade management.
Trades on both time frames may be initiated using bearish reversal divergence, pin bars, and/or bearish engulfing candlesticks as triggers. Two or three attempts should be made to get onto the move.
баллон — стеклянная банка ёмкостью от двух до пяти литров. впоймать — поймать. купорка — консервы, домашние заготовки. пиндитный — привередливый, разборчивый, педантичный пластушка — вид отделочного камня. реготать, рыготать — смеяться, особенно громко. синенькие — баклажаны. пузанина — часть туши. шулюм — похлебка из мяса или рыбы.