XAU/USD recently broke above the support-turned-resistance trend line at 1237 on its daily chart, indicating that the downside movement from 1295.94 had completed at 1204.77 already. On the upside On ...
Following the latest weekly battering of the USD, which has tumbled to near one year lows, the latest CFTC net spec positioning (which traditionally represents a lagging picture of price trend and has...
Oh, credit. Seems like you can’t sit in front of the TV for any length of time without seeing some advertisement for a credit card or something to use to monitor your credit in the likely event ...
EUR/USD 4 hour The EUR/USD showed a classical break, pullback and continuation pattern above the 1.15 resistance level. Price is still in a wave 3 (orange) momentum which could last till the next roun...
Asian stocks markets were trading mixed as market focused on the weaker dollar and the upcoming two-day policy meeting of Fed later this week. The Nikkei 225 is up 0.86% while the Hang Seng is up 0.4...
Crude oil prices tumbled after tanker tracker Petro-Logistics SA said OPEC output will exceed 33 million barrels per day in July, making it the largest yet this year. That stocked skepticism about ...
The first half of 2017 marked the worst first-half performance for crude oil since 1998. The price of West Texas Intermediate (WTI) and Brent crude both fell 14% in the first half of the year. Coal an...
Kinder Morgan (KMI) reported earnings last week, including a long expected dividend hike and a pleasantly surprising stock buyback. In many ways the stock performance and corporate finance moves of KM...
Hey guys, as summer is here my writing frequency went a little down, sorry for that but summer time is one of the best times of the year :). Nevertheless let’s have a look at the current development...