September 2018 - Page 105 of 239 -

There Will Be Warnings

Sep 18, 2018 Jeremy Parkinson Finance, No picture 0

This post is a slightly-modified excerpt from a TSI commentary published about three weeks ago. Not much has changed in the meantime. If you rely on the mainstream financial press for your information then you could be forgiven for believing that financial crises happen with no warning. However, there are always warnings if you know […]

EUR/USD Testing 78.6% Fibonacci Resistance Zone At 1.17

Sep 18, 2018 Jeremy Parkinson Finance 0

EUR/USD 4 hour Source: Admiral Markets MT5 with MT5 EUR/USD motive wave – 17 September 2018 at 4:00 AM GMT The EUR/USD is again testing the resistance zone (red lines), which is a key decision spot for a bullish breakout or a bearish bounce. A break above the top of wave X (blue) invalidates the currently expected bearish ABC zigzag […]

Buying Cannabis Stocks Low And The Aurora Cannabis Breakout

Sep 18, 2018 Jeremy Parkinson Finance 0

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. In my last post I talked about taking partial profits on the way up in a Stage 2 advance so that you have extra liquidity to take advantage of pullbacks. We finally got a big dip in […]

EUR/USD Path Of Least Resistance Is Up After Ignoring Trump’s Tariffs

Sep 18, 2018 Jeremy Parkinson Finance 0

The EUR/USD is holding onto high ground, unfazed by the US announcement to impose 10% tariffs on $200 billion of Chinese goods. The technical picture remains favorable for the pair. The Technical Confluences Indicator shows that the pair has robust support at 1.1680, which is the convergence of the Simple Moving Average 100-15m, the SMA 100-one-day, and the Fibonacci 23.6% […]

Crude Oil, Gold Prices Echo US Dollar Swings On Trump China Tariffs

Sep 18, 2018 Jeremy Parkinson Finance, No picture 0

Commodity prices initially rose as emerging market currencies traded higher at the start of the trading week, cooling investors’ worries about instability in the space and sapping the haven appeal of the US Dollar. That led the benchmark unit lower, boosting perennially anti-fiat gold and offering a de-facto lift to assets priced in USD terms on global markets, including crude oil. The […]

AUDUSD Daily Analysis – Tuesday, Sept. 18

Sep 18, 2018 Jeremy Parkinson Finance, No picture 0

AUDUSD moved sideways in a trading range between 0.7141 and 0.7235. Near-term support is at 0.7141, a breakdown below this level could trigger another fall towards 0.7100. Resistance is at 0.7235, a breakout of this level could take the price to 0.7300 area.

Sensex Opens Flat; Bank Of Baroda Collapses 10% On Merger Announcement

Sep 18, 2018 Jeremy Parkinson Finance, No picture 0

Asian share markets are lower today after the US escalated the trade war with China imposing tariffs on about $200 billion worth of Chinese imports. The Nikkei 225 is off 1.1% while the Hang Seng is down 0.8%. The Shanghai Composite is trading down by 0.1%. Overnight, US stocks closed lower. S&P 500 fell 0.6% to 2,888. Back home, India share markets have opened […]

S&P 500 And Nasdaq 100 Forecast – Tuesday, Sept. 18

Sep 18, 2018 Jeremy Parkinson Finance 0

S&P 500 The S&P 500 fell a bit during the trading session on Monday, drifting down towards the 2900 level. However, I see the 20 EMA underneath offering a little bit of support, while we also have an uptrend line underneath as well. I believe that the market has plenty of uptrend lines underneath as […]

E Market Briefing For Tuesday, Sept. 18

Sep 18, 2018 Jeremy Parkinson Finance 0

Market ‘fragility’ anticipated for September’s second half unfolds, while it is pretty clear what happens next relies initially on trade negotiations (or lack of), and then Midterm Elections. That, aside what it portends for Pres. Trump, may have lots to do with the perception of future trade policies and actually whether or not the reform and trend of lower regulation […]

Soft August Retail Sales A Temporary Hitch? 5 Stocks To Buy

Sep 18, 2018 Jeremy Parkinson Finance, No picture 0

U.S. retail sales showed continued rise going into August but the rate of growth fairly moderated, as bargain hunters took a breather after an extravagant July. As Americans refrained from splurging on automobiles and apparel, retail sales showed a slight uptick in six months. Analysts also cited high gasoline prices as one of the prominent […]