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AUDJPY And CADJPY Updates

AUDJPY And CADJPY Updates

AUDJPY may have found a possible top for corrective wave 2 at the 82.566 level, and current intra-day weakness from the same level can be a suggestion for more weakness. If so, then we may see a break below the 81.24 level in the upcoming sessions and a new five-wave bearish cycle. If more weakness […]
BTC/USD And BTC/JPY Forecast – Thursday, March 22

BTC/USD And BTC/JPY Forecast – Thursday, March 22

BTC/USD Bitcoin markets rallied initially during the day on Wednesday, as we continued to see buyers jump into this market, perhaps value hunting. However, later in the day, we rolled over to form a bit of a hammer, so it’s likely that if we break down from here, we may revisit the thousand dollars level. […]
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                        Spread Your Wings With An Iron Condor

E Spread Your Wings With An Iron Condor

Being a directional trader is damn hard work.  As a stock trader, you can go long or short. That’s it. Doesn’t that seem like an incredibly limiting way to trade? Surely there’s a better way? Well, there is. Today I’m going to share with you a strategy that I use to make consistent monthly income […]
Sensex Trades In The Red; Capital Goods Stocks Are Top Losers

Sensex Trades In The Red; Capital Goods Stocks Are Top Losers

After opening the day in the red share markets in India witnessed choppy trading activity and are presently trading well below the dotted line. Sectoral indices are trading on a mixed note, with stocks in the realty sector and stocks in the capital goods sector witnessing selling pressure. While stocks in the are leading the gains. The BSE Sensex is trading down by 130 […]
Long SPX, Short Oil

Long SPX, Short Oil

For some time now Oil has been strongly positively correlated to SPX. I could even say that Oil could be leading SPX price. I have been a dip buyer in SPX around 2720 but price has not made any significant progress to my short-term target of 2800. Instead my automated system has turned bearish. What […]
What Is The Primary Cause Of Inflation?

What Is The Primary Cause Of Inflation?

Written by Rodger Malcolm Mitchell, www.nofica.com What is the complex relationship among inflation, deficits, interest rates, oil prices, tax cuts, and GDP? It takes only two things to keep people in chains: . The ignorance of the oppressed and the treachery of their leaders. To answer the title question, we begin with three questions: What is the primary cause of […]
Interest Rate Up Again As Fed Sticks To 2018 Forecast – Gold Spikes

Interest Rate Up Again As Fed Sticks To 2018 Forecast – Gold Spikes

PRICE OF GOLD BREAKS SLUMP ON FOMC DECISION In its first meeting with Jay Powell in the chair, the Federal Open Market Committee (FOMC) of the United States Federal Reserve raised the nation’s benchmark interest rate by a quarter-point to a range of 1.5 to 1.75 percent, exactly one point higher than one year ago at this […]
Notes On The Fed Announcements

Notes On The Fed Announcements

Listening to the Fed Chair’s press conference, there was one thing where I disagreed with what Powell was saying. He said a few times that they only made one decision at the FOMC meeting, that of raising the Fed Funds rate and the reverse repo rate by 0.25%. They made another decision as well. They decided […]
Will BoE Surprise The Market Later?

Will BoE Surprise The Market Later?

I anticipate BOE to be hawkish. Consider to Short EUR/GBP.  BOE raised rates for the first time in more than a decade in November and are preparing to release their latest policy decision later. Markets had started to price in further tightening in May even before the positive upturn in wage growth, while a second […]
Gold Rises After Fed Statement

Gold Rises After Fed Statement

Gold prices ended Wednesday’s session up $21.32 an ounce as the U.S. dollar weakened after the Federal Reserve took a less hawkish view on monetary policy than some market players were expecting. The yellow metal is being supported not only by a slump in the greenback, but also by worries about a potential trade war […]