German DAX DAX fell after the FED meeting together with other indicies. On the intraday chart, we expected a higher pullback but DAX did not find enough buyers to ... Read More
AUDUSD has turned down from 0.7834 high in May after wave C-circled completed a big corrective wave IV flat pattern. A flat has a 3-3-5 sub-wave structure, so it ... Read More
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a ... Read More
S&P500 Good morning traders. Today we have UK CPI figure and US retail sales figure as main news on the calendar. Stocks continue to fall across the globe on ... Read More
Why is George Soros selling stocks, buying gold and making “a series of big, bearish investments”? If things stay relatively stable like they are right now, these moves will ... Read More
Cryptocurrencies have a role that could increase as global currencies are devalued. When an asset rises by almost 30% in a few weeks, it tends to attract attention. Recently, ... Read More
EURAUD EURAUD looks very interesting for a possible trade on the long side. We keep this pair on the radar for a potential trade since we are close to ... Read More
USDJPY is trading back towards the low now after a very sharp bearish reversal on Friday following bad NFP figures. Based on recent price action we see new lows ... Read More
By making the stock market the only game in town, the Powers That Be can no longer afford to let it decline for any reason. Market technicians have long ... Read More
What you are about to see is major confirmation that a new economic downturn has already begun. Last Friday, the government released the worst jobs report in six years, ... Read More
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