0.0 00 We are seeing startups, the high flying ones, like Uber, that are creating a lot of buzz and have been disrupting their respective industries. They are lining their pockets with super high valuations that …
Read More »Daily Commodity Technical Analysis: Gold Pauses the Two Month Downtrend
0.0 00 Gold (1205.06) The yellow metal seems to have paused its move lower. We are noting a bullish reversal pattern on our daily chart below as we see what is called a piercing candlestick forming. …
Read More »Daily Forex Technical Analysis: EUR/USD Slides to Two Year Low
0.0 00 EUR/USD (1.2548) Resistance Levels: 1.2570, 1.2690, 1.2750 Support Levels: 1.25, 1.2380, 1.2280 The EUR/USD continues to sink. Like a stone in water, we are falling through support levels and are currently at a two …
Read More »Daily Forex Trading Strategy: The Sterling Hits an 11 Month Low
0.0 00 GBP/USD (1.5982) Resistance Levels: 1.6090, 1.6250, 1.6485 Support Levels: 1.5955, 1.5820, 1.5650 The Sterling’s drop versus the U.S. Dollar is accelerating. We are now at a fresh 11 month low. The next technical support …
Read More »Daily Forex Technical Analysis: The USD/CHF Targets 0.97
0.0 00 USD/CHF (0.9671) Resistance Levels: 0.9740, 0.9805, 0.9870 Support Levels: 0.9650, 0.9600, 0.9520 The almighty buck is pushing higher against the Swissy. The USD/CHF is now at a 15 month high with a daily close …
Read More »Financial News: Say Hello to Ello
0.0 00 There is a new social networking site called Ello. This is a new site which is currently in beta testing, public. This means you need an invite from a member and despite this, there …
Read More »Forex Technical Analysis: The Sterling Continues to Slide Lower
0.0 00 GBP/USD (1.6004) Resistance Levels: 1.6250, 1.6480, 1.6620 Support Levels: 1.6090, 1.5950, 1.5820 The Sterling continues to lose ground versus the U.S. Dollar. Today the U.K. missed its PMI estimates as the Services PMI came …
Read More »AUD/NZD — Eat healthy FRUITS for PROFITS — Do not miss opportunities!
0.0 00 AUD/NZD — 1.1166 The New Zealand dollar is affectionately known as the KIWI — After the fruit, (or the bird?). We all love that fruit! Delicious and nutritious! See here to understand the …
Read More »Commodity Analysis: Oil Can Hit $70, Too Much Supply, Too Little Demand
0.0 00 Crude oil. This is a tale of way too much global supply and too little demand. Thanks to this crude oil prices are likely to continue slumping. We could see a low of $74.50 …
Read More »Daily Forex Trading Strategy: USD/CHF, the Rally Stalls Out
0.0 00 USD/CHF (0.9549) Resistance Levels: 0.9560, 0.9650, 0.9730 Support Levels: 0.9500, 0.9460, 0.9400, 0.9300 The USD/CHF rally is petering out above 0.95. The dollar is moving lower again as we had thought would happen. We …
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