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USD Into FOMC: Positive On Low Risk Of Dots Downgrade – Nomura

USD Into FOMC: Positive On Low Risk Of Dots Downgrade – Nomura

The Federal Reserve convenes amid a snowstorm in Washington. Will we also see a snowstorm in markets? The team at Nomura sees a positive outcome and details the keys for the shake in markets: Here is their view, courtesy of eFXnews: The USD has gained back some momentum ahead of tomorrow’s FOMC meeting. In that regard, Nomura Research […]
Global Stocks And Oil Prices Waver Before Fed Decision

Global Stocks And Oil Prices Waver Before Fed Decision

Global stocks continued to slip on Wednesday morning as investors took profits before the Federal Reserve’s announcement later today which is expected to reveal a second interest rate hike in the past three months. The MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.3 percent on Wednesday after posting notable gains on Tuesday. Japan’s […]
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                        NZD/USD Trading In A Bearish Impulse; More Weakness To Follow

E NZD/USD Trading In A Bearish Impulse; More Weakness To Follow

On the 4h chart of NZD/USD we can see a nice bearish breakdown to be in progress, with price now specifically trading in the middle of red wave three.  As we know, wave 3 is known as the strongest and the steepest wave, which means in our case even more weakness may follow. Regarding the […]
EUR/USD Bearish Fibs And Waves Before FOMC Rate Decision

EUR/USD Bearish Fibs And Waves Before FOMC Rate Decision

EUR/USD 4 hour The Federal Reserve (Fed) will release its interest rate decision on Wednesday evening 6pm GMT. The major question is whether the FOMC (Federal Open Market Committee) will keep the rate at 0.75% or raise it to 1.0% which would typically lead to USD strength. The FOMC also offer its economic projections and […]
USD/JPY And AUD/USD Forecast – Wednesday, March 15

USD/JPY And AUD/USD Forecast – Wednesday, March 15

Video Length – 00:01:17 USD/JPY The USD/JPY pair initially tried to rally on Tuesday, breaking above the 115 level. The fact that we found quite a bit of resistance above there and turned around is not much of a surprise me, because the 115 level has been so resistive. Having said that, the FOMC Statement […]
Daily Trading Opportunities – Wednesday, Mar. 15

Daily Trading Opportunities – Wednesday, Mar. 15

During the session on Wednesday, we get a handful of announcements that could move the marketplace, including Claimant Count Change out of the United Kingdom, PPI out of Switzerland and CPI out of France, as well as many other mid-level announcements. WTI Crude Oil The WTI Crude Oil market is in a bit of a […]
Never Ending Pi

Never Ending Pi

Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW – 44 = 20,837 SPX – 8 = 2365 NAS – 18 = 5865 RUT – 7 = 1362 10Y – .02 = 2.59% OIL – .45 – 47.95 GOLD – 5.10 1199.60 The Federal Reserve Federal Open Market Committee is meeting today and […]
Stock Chart Of The Day: Valeant Pharmaceuticals

Stock Chart Of The Day: Valeant Pharmaceuticals

In today’s video we will do some technical analysis of the stock charts of Valeant Pharmaceuticals (VRX). In the short term the technicals are to the upside with the catalyst being that Bill Ackman of Pershing Square Capital having sold his shares of Valeant. Long Term the charts are very bearish and will be cut […]
PayPal’s Stock Dips After Google Announces Money Transfer Feature

PayPal’s Stock Dips After Google Announces Money Transfer Feature

PayPal’s  (PYPL – Free Report) stock closed the day down 1.5% on Tuesday to $42.10 after Google announced in a blog post that users would now be able to send and receive money in their Gmail app. Alphabet’s (GOOGL – Free Report) Google said that users would be able to receive and request money as an email attachment through their Gmail App on Android. […]
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                        Biotech Pulse! Sector Has Momentum

E Biotech Pulse! Sector Has Momentum

Biotechnology continues to be a sector on the rebound after a punishing 2016. In the first two months of this year, the Nasdaq Biotechnology Index (IBB) has already climbed +12%, compared to the S&P (SPY) gain of +6% and the Nasdaq (QQQ) rise of +8%. The Prudent Biotech Portfolio also moved higher with a gain of […]