Archives by Month:

Archives by Year:

AUDUSD Daily Analysis – Monday, April 16

AUDUSD Daily Analysis – Monday, April 16

AUDUSD extended its upside movement from 0.7642 to as high as 0.7809. The key support is now at 0.7738, as long as this level holds, the upside movement could be expected to continue and next target would be at 0.7850 area. On the downside, a breakdown below 0.7738 support would indicate that the upside movement […]
NZD/USD Progressive Zig-Zag Uptrend

NZD/USD Progressive Zig-Zag Uptrend

Source: Admiral Markets MT5 with MT5SE Add-on The NZD/USD has been in a steady uptrend with a progressive zig-zag pattern. At this point, the price is within the POC zone 0.7337-0.7348 and we could see a spike towards 0.7386 with a potential for 0.7420. However, if the price breaks below 0.7335 pay attention to POC2 0.7313-0.7325 as the […]
WTI Crude Oil And Natural Gas Forecast – Monday, April 16

WTI Crude Oil And Natural Gas Forecast – Monday, April 16

WTI Crude Oil The WTI Crude Oil market continues to try to go higher during the trading session on Friday, but as you can see struggled a bit. The $68 level should continue to be an area of resistance, but I think if we can break above that level, I think that the market should […]
Bombs, Missiles And War – What To Expect From The Stock Market Next

Bombs, Missiles And War – What To Expect From The Stock Market Next

Friday night opened up a whole new perspective on the global markets with the coordinated targeted attack on Syria. It’s not that we didn’t know this was a possibility, yet the event itself changes how the markets may react on Monday and throughout this next week. First off, with this event playing out late Friday […]
Cryptos Not Dead After All?

Cryptos Not Dead After All?

Much to the chagrin of the crypto critics, it appears as if Bitcoin and the other cryptos have gotten off the mat and aren’t dead just yet. As after experiencing a massive sell-off and sitting slightly below $7,000 per Bitcoin for the past few weeks, the price burst through the $7,000 mark and over $8,000 […]
Earnings Season Weighs On Markets

Earnings Season Weighs On Markets

Asian markets were trading mixed to start the week as traders eyed U.S. earnings season which is set to begin in earnest this week. Thomson Reuters predicts S&P profits to have risen by 18.6 percent in Q1 2018 as compared to Q1 2017, the biggest increase in seven years. Profit-taking in advance of the earnings […]
USD/JPY Uptrend Reaches 50% Fib And Builds Rising Wedge

USD/JPY Uptrend Reaches 50% Fib And Builds Rising Wedge

USD/JPY 4 hour The USD/JPY has made one more bullish push towards the key 50% Fibonacci resistance level, which has acted as a key resistance zone. Price is now building a rising wedge reversal chart pattern and a break of the support trend line (blue) could confirm the start of a bearish reversal. 1 hour […]
Sentiment Snapshot: Bonds, Stocks, And Macro

Sentiment Snapshot: Bonds, Stocks, And Macro

The latest results from the weekly surveys on Twitter showed a slight rebound in technicals sentiment, with the all important fundamentals sentiment still holding up well – at least for equities.  This lines up with our optimistic view on the fundamentals and the data pulse which for now is still holding up well.  In contrast to equities, bond […]
Dividend And Stock Buyback Growth Potentially Accelerate In 2018

Dividend And Stock Buyback Growth Potentially Accelerate In 2018

Near the end of last month S&P Dow Jones Indices reported preliminary dividend and buyback activity for the S&P 500 Index for the fourth quarter of last year. For the quarter the dollar amount of dividends paid increased 5.4% versus the same quarter in the prior year. Additionally, for the quarter, dividends combined with buybacks increased 3.1% […]
If GDP Growth Is 3% Over The Next Ten Years, The Income Tax Revenue Actually Rises By $544 Billion

If GDP Growth Is 3% Over The Next Ten Years, The Income Tax Revenue Actually Rises By $544 Billion

This past week the Congressional Budget Office (CBO) released their budget projections for FY 2018 through FY 2028. The budget projections include a host of assumptions on things like GDP growth, potential GDP growth, interest rates, employment, revenues, and expenditures, to name a few. Within the CBO information lies an assumption on a number that can, at times, […]