USDCAD moved sideways in a trading range between 1.2433 and 1.2598. A breakdown below 1.2433 will confirm that the upside movement from 1.2061 had completed at 1.2598 already, then the pair would find...
EUR/USD 4 hour The EUR/USD has made a bearish bounce away from the resistance trend line (orange) which therefore makes a bullish ABC (purple) zigzag within a wave X (pink) correction more likely in a...
S&P 500 The S&P 500 rallied during the day after initially falling on Monday, showing signs of support at the 2550 level. I believe that the uptrend continues in this market, and we will conti...
Headline inflation comes at 3%, as expected. Core inflation also meets the early forecasts and stands at 2.7%. The RPI slightly missed expectations and remained at 3.9%. The House Price Index also fel...
Well, it appears to be HP’s fault. 3D Systems (DDD) took a good hit during the last 2 trading days. There aren’t many explanations around, but the fact that Stratasys (SSYS) also took good hit poi...
The common currency was seen giving up more than half the gains made last week as price action in EUR/GBP was bearish. Closing at 0.8892 on Friday, EUR/GBP, however, remains supported above 0.8837 ...
If the essence of modern eurodollar money is bank balance sheet capacity, then we need not wonder what has gone wrong or why. The very heart of this global currency system no longer beats so healthy a...
In his latest weekend note, One River CIO Eric Peters discussed, among other topics, what he thought would be the nightmare scenario if not for the current, then certainly next Fed chairman: a world...
Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 0.03% while the Hang Seng is up 0.16%. The Shanghai Composite is trading up by 0.02%. On Wal...
EUR/USD is facing 1.1780 support, a breakdown below this level will indicate that the short term uptrend from 1.1669 had completed at 1.1879 already, then the following downtrend could bring price bac...