0.0 00 The price of Gold (XAU/USD) is likely to hit an all-time high within the next 18 months thanks to Brexit and negative global bond yields. Even though the yellow metal is a non-interest bearing …
Read More »Euro Starting to move Lower Against the Pound
0.0 00 EUR/GBP (0.8394) Points to consider in this euro Forex market: Euro continues to tread water after hitting a two year high against the Sterling Dollar. Negative RSI points to buyers starting to hesitate. Trade …
Read More »Crude Oil Recovers on lack of Brexit News
0.0 00 Points to consider with Crude oil: Crude oil rebounds after testing range support. There is a lack of Brexit news which is keeping oil from making any big moves at this time. The commodity …
Read More »Why the S&P 500 Moves higher After Brexit
0.0 00 The rebound, over the last 48 hours has been pretty good, especially if you are using US equities and the S&P 500, as a benchmark. There was an initial round of fear by investors …
Read More »Asian Markets track Global Rally Higher
0.0 00 Markets in the Asian and Pacific Rim traded higher, as the tracked the global rally seen yesterday as financial markets retraced their post-Brexit selloff. The financial sub-index on the ASX 200 helped boost that …
Read More »The Aussie Dollar Starts to Move Lower Again
0.0 00 AUD/USD (0.74119) Points to consider in this Aussie Dollar Forex market: The Aussie Dollar downtrend is back in play after breaking below trend line support. Trading range is too narrow for a short AUD …
Read More »Kiwi Dollar Forms a New Top and Moves Lower
0.0 00 Points to consider in this Kiwi Dollar market: The Kiwi Dollar seems to have formed a new top below 0.73 against the US Dollar. There is no short NZD trade at this time as …
Read More »Now Waiting on a Short Euro Trade
0.0 00 EUR/USD (1.1062) Points to consider in this euro Forex market: The euro has broken below a rising trend line in play for seven months. Waiting on improved technical analysis, reward to risk, before activating …
Read More »S&P 500 Stock Index ends Months of Uncertainty
0.0 00 Points to consider with the S&P 500 stock index: The S&P goes from a yearly high to a fresh three month low. This price action has broader implications and is damaging. Short-term charts are …
Read More »Gold can Correct Lower Now
0.0 00 The yellow metal, gold (XAU/USD), and other precious metals continue to show follow through and strength after the Brexit vote saw the United Kingdom voting to leave the European Union (EU). Right now, the …
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