sathish kumar / Profile

Major highlights of the recent report: - While all eyes now turn to the US as investors, economists and ordinary people with great anticipation are waiting for the Fed’s decision in December in regard to the borrowing costs, the rest of the world remains in a somewhat shaky condition...

Markets on Friday reversed some of Thursday's big moves, when stocks and government-bond prices fell sharply in Europe and the U.S. and the euro surged...

The Dow industrials surged Friday to end a tumultuous week after a strong U.S. jobs report cleared the way for the Federal Reserve to raise interest rates. The Dow Jones Industrial Average rose 369.96 points, or 2.1%, to 17847.63, for its biggest increase since Sept. 8. The S&P 500 rose 42...

Australian Dollar is quite calm, that’s why our previous scenario remains the same. Probably, in the nearest future the pair may finish the wave [ii] in the form of the double zigzag...

Because of the activity in European currency pairs, the situation with Yen is also quite complicated. Consequently, there is a risk that the price may have completed the zigzag in the wave 4, which means that the fourth wave itself may yet continue...

The diagonal triangle formed by the price may turn out to be both the wedge in the wave [i] of 3 and the wave C in the zigzag, which may be followed by a correction on the major wave level...

Yesterday the price started a fast ascending movement. Probably, Eurodollar has completed the descending impulse, which may be either the third wave of the wave C of the zigzag...

Europound has started an ascending correction as well. During the local correction, I opened a buy order with the take profit at the closest group of fibo-levels at 0.7295. If the market rebounds from this area downwards, the downtrend is expected to resume...

Eurodollar has started an ascending correction with the closest target at the group of fibo-levels close to the correctional retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8...

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are influenced by “Dead Cross” (1). Chinkou Lagging Span is getting closer to the chart, Ichimoku Cloud is moving downwards, and the price is on Kijun-Sen...

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected inside Kumo Cloud and formed “Golden Cross” (1). Ichimoku Cloud is going up (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price...

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are intersecting below Kumo Cloud and forming “Golden Cross” (1). Ichimoku Cloud is heading down (2); Chinkou Lagging Span is above the chart. Short-term forecast: we can expect resistance from the cloud’s upper border...

At the H4 chart of USD JPY, the upper Window provides resistance. Engulfing Bearish and Evening Star patterns indicated a descending movement. Three Line Break chart shows that the descending correction continues; Heiken Ashi candlesticks confirm a bullish pullback...

The H4 chart of EUR USD shows a bullish tendency. Engulfing Bearish and Harami patterns indicate a bearish pullback. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction...

On Friday morning, the AUD/USD pair is trading on the downside - in general, the whole week was turbulent for the “Aussie.” The Australian dollar is falling on Friday morning after rising the previous day...

The GBP/USD pair has STRONG SUPPORT level of 1.4894. TREND LOOKS UPWARD...

The main currency pair is energetic and mobile tonight, because of the comments of the ECB. So, the first really significant news this week has arrived - The European Central Bank left interest rates unchanged at the minimum level of 0.05%, but lowered its deposit rate to -0.30% from -0.20...

GOLD not able to break the $1069 level support @ 1040...

On Thursday afternoon, the AUD/USD pair is trading on the upside after yesterday’s pause - but the evening will be turbulent. The Australian dollar seems to be in full use of the current lull in the currency market. The current quote in the AUD/USD pair is 0.7312; the Aussie is growing...