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Thai Stock: Great Efficiency At Chevron’s Thai Subsidiary

Thai Stock: Great Efficiency At Chevron’s Thai Subsidiary

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Background Star Petroleum Refining Public Company Limited was founded in 1992 by Chevron South Asia Holdings and PTT PCL (PTT TB), PTT sold its last shares in SPRC in 2017. It is Thailand’s […]
Dead Cat Bounce For EUR/USD On The Italian News

Dead Cat Bounce For EUR/USD On The Italian News

The EUR/USD is trading on higher ground on new developments in Italy. Top-tier US data awaits the pair later in the day. The technical picture remains bearish after exiting oversold conditions. The EUR/USD is trading in the mid 1.1500s once again. The pair advanced earlier in the day on reports that Italy will set more […]
Gold, Oil And US Indices All In Focus In The US Session

Gold, Oil And US Indices All In Focus In The US Session

More excellent VPA lessons in this week’s video during the US session as David and I focus on commodities, indices and stocks, and in this session we start with gold which had one of its best days for many weeks, with the two drivers of USD weakness and a flight to safe haven, all helping […]
EUR/USD Bullish Bounce At 1.15 Round Level Support

EUR/USD Bullish Bounce At 1.15 Round Level Support

EUR/USD 4 hour Source: Admiral Markets MT5 with MT5 EUR/USD motive wave – accessed 3 October 2018 at 8:30 AM GMT The EURUSD currency pair made a bullish bounce at the support trend line (green) and the round level of 1.15. The bullish reversal could indicate the end of a potential wave A (purple) and the start of a wave B […]
Sensex Down 129 Points; Telecom And Auto Stocks Witness Selling

Sensex Down 129 Points; Telecom And Auto Stocks Witness Selling

Share markets in India are presently trading on a negative note. Sectoral indices are trading on a mixed note, with stocks in the telecom sector and automobile sector witnessing maximum selling pressure. The BSE Sensex is trading down by 129 points (down 0.4%) and the NSE Nifty is trading down by 46 points (down 0.4%). Meanwhile, the BSE Mid Cap index is trading down by 0.5%, […]
Ripple’s (XRP) Outlook In The Aftermath Of XRapid Announcement

Ripple’s (XRP) Outlook In The Aftermath Of XRapid Announcement

Ripple’s XRP was the main buzz in the market in the past couple of weeks when Ripple’s CEO announced three companies are now making commercial use of the digital asset. XRP saw major fluctuations, testing as high as $0.79 on September 21st, and then floating back to a range around $0.52. Here’s a quick overview […]
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                        Leading Diagonal On USDNOK

E Leading Diagonal On USDNOK

On the USDNOK pair, I was observing an idea of Elliott wave leading diagonal that started to unravel from the lows of 2018 and looks to have found a top near the 8.530 region.  A confirmation for a top is the following three-wave drop that occurred from the highs, which can be a blue wave […]
WTI Crude Oil And Natural Gas Forecast – Wednesday, Oct. 3

WTI Crude Oil And Natural Gas Forecast – Wednesday, Oct. 3

WTI Crude Oil The WTI Crude Oil market initially surged higher during the trading session on Tuesday, reaching fresh, new highs. However, the market pulled back to form a shooting star by the time we closed, sitting just above the $75 level. Because of this, it’s likely that we could see some type of pullback […]
SPX Targets 3000 Points As Long As It Holds Above 2900

SPX Targets 3000 Points As Long As It Holds Above 2900

Greetings everyone, we remain bullish SPX as price continues to make higher highs and higher lows. Price behavior so far is supportive of the bullish trend as price breaks resistance levels, comes back for a back test at previous resistance levels and previous highs. Monday welcomed the NAFTA deal with a gap up but prices […]
Turkey’s Latest Mystery: Who Is Bailing Out The Banks?

Turkey’s Latest Mystery: Who Is Bailing Out The Banks?

Back in 2014, Turkey emerged as the “mystery” hub in what at the time may have been the most bizarre money laundering scheme ever (which also included China and Dubai), and involved some 200 tons of “secret” gold shuffled to Iran in order to allow the sanctioned nation to avoid US sanctions while continuing to export oil […]