April 2018 - Page 43 of 200 -

The Central Bank Crisis On The Immediate Horizon

Apr 18, 2018 Jeremy Parkinson Finance 0

While the majority keep bashing the Federal Reserve, other central banks seem to escape any criticism. The European Central Bank under Mario Draghi has engaged in what history will call the Great Monetary Experiment of the 21st Century – the daring experiment of negative interest rates. A look behind the scenes reveals that this experiment has […]

Gold Trend Line Break Expected On A Positive Momentum

Apr 18, 2018 Jeremy Parkinson Finance 0

Source: Admiral Markets MT5 with MT5SE Add-on Gold is rejecting POC zone, and soon we might see a trend line break (blue dotted line) that could be a sign of a trend continuation. 1335-40 is the POC zone, and the trend line break is expected if the price closes above 1348. The first target is 1354.47 and continuation […]

Late-Cycle Commodity Surge Under Way

Apr 18, 2018 Jeremy Parkinson Finance 0

According to the Game Plan for Late-Cycle Investing, as the economy moves towards its latter stages, commodities tend to outperform equities and other asset classes. Frank Barbera—market technician, portfolio manager, and editor of the Gold Stock Technician newsletter—believes we’re likely in that process right now and recently discussed his outlook on the stock market, bonds, commodities, […]

USD/JPY Elliott Wave Forecast – Wednesday, April 18

Apr 18, 2018 Jeremy Parkinson Finance 0

A bearish trend is present in USD/JPY currency pair, 15 minutes chart. The price of USD/JPY currency pair is going to drop now on a short-term basis to create a Bearish Zig Zag corrective Elliott wave pattern and Spot Forex traders should consider taking a possible sell trading chance. Strong key resistance level is present […]

Sensex Opens Marginally Up; FMCG & Healthcare Stocks Gain

Apr 18, 2018 Jeremy Parkinson Finance 0

Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 1.3% while the Hang Seng is up 0.2%. However, the Shanghai Composite is trading down by 0.5%. Overnight strong corporate earnings helped US stocks closed with gains. Meanwhile, Indian share markets have opened the day marginally up. BSE-Sensex is trading higher by 42 points and NSE-Nifty is […]

China’s Monetary Shell Game

Apr 18, 2018 Jeremy Parkinson Finance 0

Throughout much of last year, we were told repeatedly that the PBOC was tightening monetary policy. China’s central bank had raised its reverse repo rate twice early on, and then once more last December (and would do so again just last month). These moves coincided with Federal Reserve “rate hikes”, seemingly in line with the […]

Cryptocurrencies Outlook – Wednesday, April 18

Apr 18, 2018 Jeremy Parkinson Finance 0

Discretionary outlook based on charts Bitcoin is capped by its 50 sma resistance and making lower highs. Ethereum is stuck on its resistance trendline. Ripple and Bitcoin Cash are turning prior support into resistance. 2:29 am. Bitcoin is capped by its 50 sma resistance and making lower highs. Bitcoin is stuck in a bearish pattern of […]

Can Gold Prices Continue To Ignore US Dollar, Fed Rate Hike Bets?

Apr 18, 2018 Jeremy Parkinson Finance 0

Gold prices proved to be remarkably resilient yesterday, finishing the day with a narrow increase despite a recovery in the US Dollar and a steepening of the priced-in Fed interest rate hike outlook. Those forces might have been expected to weigh on the perennial anti-fiat and non-interest-bearing asset. The yellow metal saw a bit of selling […]

GBP/USD Approaches Decision Zone After Bearish Momentum Pattern

Apr 18, 2018 Jeremy Parkinson Finance 0

GBP/USD 4 hour The GBP/USD made a strong bearish retracement at the previous top (red). Price could either be building a bearish reversal after it completed bullish waves 5 or it could keep pushing for one higher high. A bullish breakout could see price make an extension towards the round level at 1.45 whereas a […]

USDCAD Daily Analysis – Wednesday, April 18

Apr 18, 2018 Jeremy Parkinson Finance 0

USDCAD broke below 1.2544 support and extended its downside movement from 1.2943 to as low as 1.2526. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2450 area. Only a clear break above the trend […]