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general. thread for April - look at this thread, thread for May - look at here,for June is here.July thread is hereAugust thread is this oneSeptember thread...
Born in Moscow in 1966, Svetlana Valueva was accepted into art school at the tender age of six - an astonishing child prodigy. By the age of 8, she was winning international exhibitions and at age 11, was featured in a documetary on outstanding artists that was shown in theaters across Russia. By then, her father, a gifted artist himself, had given her his own studio. Also, she had been secretly shown the fantastical works of artists like Klimt, Alfons Mucha, Sargent, and Alma-Tadema, whose styles were quite forbidden in Soviet era Russia. However, this discovery was the springboard for Valueva's exquisite Art Nouveau-inspired vision. She began to attract scores of collectors and dealers who smuggled her work out to avid admirers around the world, until the Art Academy finally allowed her a summer trip to study in Europe. From there, Valueva easily gained international acclaim, and remains one of Russia's most outstanding artists.
"Why are my subjects women? Because beauty excites me, I like to see transformations, diversity, the layers covering the vulnerable paleness of a female arm, or tender matte luster of flesh; the skin's translucence beneath a film of gauze draping a naked body. My brush does not just move about the surface, it carefully penetrates the space of another dimension, going beyond the frontier - which is insurmountable to anyone else. There truly is space and life behind that fragile margin, as in a mirror. Of these space and life forms I express my daily chronicles, of their everyday life and feasts. And -- of women who belong there".
Asian Stocks Bullish Today, Japan’s Nikkei Rises the Most in Six Years (source - forexminute.com)
Today is a rally day for Asian stocks which rose to a great extent. In fact, the most remarkable growth so far has been in Japan’s Nikkei 225 Stock Average which has gone up to the highest in six years as the yen touched a sixth-month low against the dollar. The growth in the Asian market is attributed to the fact that U.S. employment and consumer confidence has gone up.
Today’s major gainer is Honda Motor Co. which experienced growth of 1.5 percent. This is one of the largest carmakers, has got impetus from the latest bright data of the U.S. market. It is to be noted that this company gets almost half its sales in the U.S. and expects that the better economic conditions in the country will help it boost its sales.
Another company that gained is Warrnambool Cheese & Butter Factory Co.; it advanced 0.8 percent. The better performance of this company came up after Murray Goulburn Cooperative Co., Australia’s biggest milk processor, raised its takeover offer which it kept in pipeline for long and started negotiation earlier this month.
However, Forge Group Ltd. could not maintain the momentum and slumped 84 percent in Sydney after the mining-services firm said it will report a 2014 loss. After positive indications on the part of to be head of the Fed, Janet Yellen, investors and traders in Asia are confident about the continuance of stimulus.
A painter primarily of figure subjects, particularly featuring children, interiors and flowers, Jessica Hayllar came from a family well steeped in artistic tradition and was the daughter of artist James Hayllar, RBA (1829-1920). Like her sisters, Kate and Mary, Jessica studied under her father whose penchant for Pre-Raphaelite realism and colouring was to be extremely influential in her formative years.
CRUDE OIL TECHNICAL ANALYSIS– Prices broke lower out of consolidation, taking out the 23.6% Fibonacci expansion at 92.79 to expose the 38.2% level at 91.06. A further push beneath that eyes the 50% Fib at 89.66. Alternatively, reversing back above 92.79 aims for a falling channel top at 94.23. (source - dailyfx.com)
GOLD TECHNICAL ANALYSIS – Prices bounced from support at 1222.60, the 76.4% Fibonacci expansion. Resistance is in the 1251.21-56.18 area, marked by the 23.6% Fib retracement and a falling trend line set from late October. A break above that targets the 38.2% retracement at 1276.35. Alternatively, a reversal below support eyes the $1200/oz figure and the 100% expansion at 1179.63. (source - dailyfx.com)
S&P 500 TECHNICAL ANALYSIS – Prices put in a Shooting Star candlestick below resistance at 1808.20, the 150% Fibonacci expansion, hinting a turn lower may be ahead. Negative RSI divergence and the outlines of a Rising Wedge chart formation reinforce the case for a downside scenario. Breaking the Wedge bottom – now squarely at 1800.00 – exposes the 138.2% and 123.6% Fib levels at 1798.50 and 1779.80, respectively. A push above resistance targets the 161.8% expansion at 1820.80. (source - dailyfx.com)
Wall Street Stays Firm (based on forexminute.com article)
The U.S. stock market stays firm on Wednesday where the S&P 500 index manages to sustain itself above the psychological support level of 1800, even after the release of economic indicators including Chicago PMI, unemployment claims, and consumer sentiment that showed the outcome to be much better than expected. The point here to note is that the better the economic indicators come now, the higher the chances would be that the tapering of stimulus plan is done as soon as possible.
And if this happens, then the stock market would start falling because money supply would be curbed and this boom in the market or should we say the artificial optimism would not be there. Yet again, the role of overall market sentiment is coming into play where the overall market outlook is still bullish where the signs from different major economies show that the world economy is getting better.
Trading the News: German Unemployment Change (based on dailyfx article) What’s Expected: Time of release: 11/28/2013 8:55 GMT, 3:55 EST Primary Pair Impact: EURUSD Expected: 0K Previous: 2K Forecast:...
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Dusan Rajsic was born in Gospic, Croatia, in 1970. He had started his studies of sculpture at the Academy of Fine Arts in Zagreb in 1990, and he graduated from the Academy of Fine Arts in Belgrade in 1996. He is a member of the Serbian Association of Fine Artists and the editor of the art programme at the Cultural Centre in Lazarevac, Serbia.
His desire to always capture a new motion and dynamics of his ballerinas-symbols within the limited medium of a painting makes this artist always interesting and new.
EUR/USD Trades to High for Month; 1.3489 is the New Pivot (source - dailyfx.com)
-EURUSD continues to crawl higher. Near term focus is on 1.3650 (10/3 high and 10/21 low) and it’s worth noting that the rally from 1.3296 would consist of 2 equal waves at 1.3682. -Only a drop below 1.3489 (previously 1.3400) would begin to suggest that the trend is not higher. Trading Strategy: This market may be re-establishing its larger uptrend. At worst, the trend is sideways towards 1.3650 and maybe closer to 1.3800 at this point. Only a move below 1.3489 would suggest that we consider the short side. GBPUSD may be breaking out.
AUD/USD near 4-month lows in thin trade (based on investing.com)
The Australian dollar edged down against its U.S. counterpart in thin trade on Wednesday, hovering close to almost four-month lows as expectations for the Federal Reserve to soon begin tapering its stimulus program continued to support the greenback.
AUD/USD hit 0.9138 during late Asian trade, the session high; the pair subsequently consolidated at 0.9105, slipping 0.21%.
The pair was likely to find support at 0.9038, the low of September 4 and resistance at 0.9204, Tuesday's high.
CRUDE OIL TECHNICAL ANALYSIS– Prices continue to consolidate above the November 14 low 92.49, with positive RSI divergence hinting a reversal higher may be in the works. Initial resistance at 94.47, marked the top of a falling channel set from late August. A break above that initially exposes the 14.6% Fibonacci retracement at 95.37. Alternatively, a move below 92.49 targets the 38.2% Fib expansion at 91.06. (source - dailyfx.com)
GOLD TECHNICAL ANALYSIS – Prices bounced from support at 1222.60, the 76.4% Fibonacci expansion. Resistance is at 1256.18, the intersection of the 23.6% Fib retracement and a falling trend line set from late October. A break above that targets the 38.2% retracement at 1276.35. Alternatively, a reversal below support eyes the $1200/oz figure and the 100% expansion at 1179.63. (source - dailyfx.com)