Archives by Month:
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
SPX Is Setting Up To Retest The All-Time Highs Again From January
My Swing Trading Approach Should the market pullback today, I will look to spot any of the stocks that are providing a solid dip buying opportunity. Should the market continue higher, I’ll look to add 1-2 new momentum plays to the portfolio. The 2801 price level remains key going forward. Indicators Volatility Index (VIX) – Looking […]
E Forex Analysis Of GBP/USD For Monday, August 6
First, we look into the previous day trade and what happened on August 3, 2018, and the GBP/USD pair opened at 1.30145 and went high at 1.30378 and gone to low at 1.29850 and finally closed at 1.29965. The calculated pivot point for the day is 1.30064. The difference between high and low was nearly […]
USDCAD Daily Analysis – Monday, August 6
USDCAD extended its downside movement from 1.3289 to as low as 1.2967. Near-term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be at 1.2900. Key resistance is at 1.3096, only a break of […]
GBP/USD Double Trend Line Confluence
Source: Admiral Markets MT5 with MT5SE Add-on The GBP/USD has broken the bearish consolidation below 1.3070 level. A retracement within 1.3055-3085 could spark a new wave of sellers. The POC zone is marked by two descending trend lines and EMA89. If the price gets in the zone, we should see a rejection towards 1.2959 and 1.2917. A h1 […]
NZD/USD – Bull Speculation: Correction From The Lower Line Of The 2-2 Channel Looks Likely
Trading opportunities on the currency pair: There’s a familiar pattern on the weekly timeframe, by which we could see the Kiwi dollar start an upwards correction after the RBNZ meeting. If prices reverse along the same trajectory as the previous drop, the immediate target will then be 0.6990. This outcome is still on the cards as […]
E Markets: Two-Sided
Tails I win, heads you lose? Hopes for an easy Monday for risk in perhaps the quietest week for economic news this summer have been dashed with the two-sided coin of FX. Is this USD strength or foreign weakness? The drivers of USD support are the FOMC rate hike path – 4 in 2018, 2-3 more in […]
Breaking Higher? Stocks At A Crossroads
The U.S. stock market indexes gained 0.1-0.5% on Friday, as investors’ sentiment slightly improved following Nonfarm Payrolls number release. The S&P 500 index extends its short-term fluctuations following a breakout above the level of 2,800. It currently trades just 1.1% below the January’s 26th record high of 2,872.87. The Dow Jones Industrial Average gained 0.5% and the technology Nasdaq […]
Turkish Lira Tumbles To Fresh Record Lows, Bonds Crash As Actions Speak Louder Than Words
The Turkish Lira tumbled from the 6th straight day, collapsing to new record lows as ‘actions’ have overtaken ‘words’ in the rhetoric battle between Erdogan and Trump over the future of a detained American pastor. Specifically, the last few days have seen Turkey retaliate to US sanctions by freezing the assets of several US government officials, […]
Earnings And Guidance Trends This Season
More than 1,500 stocks have now reported Q2 earnings, and as shown below, the percentage of them that have beaten consensus EPS estimates is down slightly this quarter versus the last two quarters. Forward guidance numbers have been more positive than negative thus far. The chart below shows the spread between the percentage of companies […]
It’s A Mad Mad Oil World
Oil prices are rising. We have a falling U.S. oil rig count and a surprise drop in Saudi oil production, against a backdrop of increasing geopolitical risk. Baker Hughes’ oil rig was countdown two, gas rig count dipped by three. Reuters reported that Saudi Arabia pumped around 10.29 million barrels per day (bpd) of crude […]
