sathish kumar / Blog
The stock markets in the US extended the risk-off sentiment seen in the Asian and European equities after a weak china data renewed growth concerns and led to a fresh sell-off in oil/commodity prices. At the time of writing, the Dow Jones Industrial Average (DJIA) was down 0.90% or 153 points...
The stock markets in the US extended the risk-off sentiment seen in the Asian and European equities after a weak china data renewed growth concerns and led to a fresh sell-off in oil/commodity prices. At the time of writing, the Dow Jones Industrial Average (DJIA) was down 0.90% or 153 points...
The stock markets in the US extended the risk-off sentiment seen in the Asian and European equities after a weak china data renewed growth concerns and led to a fresh sell-off in oil/commodity prices. At the time of writing, the Dow Jones Industrial Average (DJIA) was down 0.90% or 153 points...
XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1). Chinkou Lagging Span is on the chart, Ichimoku Cloud is moving upwards (2), and the price is between Tenkan-Sen and Kijun-Sen...
GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1); all lines are directed downwards. Ichimoku Cloud is going down (2); Chinkou Lagging Span is below the chart...
GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Golden Cross” (1), but the lines are getting closer to each other again. Ichimoku Cloud is heading up (2); Chinkou Lagging Span is below the chart...
Oil has plunged to multi year lows after OPEC in its meeting on Friday decided to stick to its policy of pumping record volumes, disregarding the global oil glut concerns. OPEC decided to produce closer to 31...
A weak China trade data, coupled with a sharp drop in crude prices to lowest since 2009 triggered a risk-off in the markets and led to a flight to safety. The US treasuries, one of the traditional safe haven assets, advanced today, pushing the yields lower. The benchmark 10-yr yield lost 1...
The offered tone is not giving up on the Canadian dollar on Tuesday, now allowing USD/CAD to test fresh cycle highs near 1.3630 albeit easing some ground afterwards. USD/CAD boosted by oil slump The current drop of the West Texas Intermediate to multi-year lows in sub-$37...
Gold, a traditional safe haven asset, is the weakest today, despite the china-led risk-off in the European equities and US equity index futures. Gold ignores risk-off and weak USD index The metal currently trades 0.25% lower at USD 1073/Oz levels even though the USD index is down 0.27% at 98.47...