EUR/USD Intraday: further advance. Pivot: 1.1115 Most likely scenario: long positions above 1.1115 with targets @ 1.124 & 1.131 in extension. Alternative scenario: below 1.1115...
The recent big moves in Forex markets created opportunities and interesting patterns on the charts. Here are the views from SocGen: Here is their view, courtesy of eFXnews: EUR/US...
The weeks ago, when we showed “What The Death Of A Nation Looks Like: Venezuela Prepares For 720% Hyperinflation”, we said that after looking at a chart of Venezuela...
As bad as the month of January was for the global economy, the truth is that the rest of 2016 promises to be much worse. Layoffs are increasing at a pace that we haven’t seen s...
The German people do not have to worry about their taxes rising because of the Greeks; the refugees are whom they should worry about. Now the German government is joining the rest...
EUR/USD The Euro rallied during the session on Thursday, finally clearing the resistance barrier that had been causing this market to consolidate for some time. Because of this, lo...
In the blog post “Some gold bulls need a dose of realism“, I noted that relative to the Goldman Sachs Spot Commodity Index (GNX) the gold price was at an all-time high and abou...
Crude oil prices have dropped from about $106 in June of 2014 to briefly under $30 in January of 2016 – down about 74% peak to trough.This appears to be an on-going disaster for ...
This is a short update on the European markets. The two key indexes in Europe are the German DAX (the largest German companies) and the Euro Stoxx 50 (the largest European companie...
ConocoPhillips (COP) announced Q4 and full year 2015 financial results on the morning of February 4, 2016. The news included a capitulation to the on-going deterioration of busin...