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EUR/USD Is Suffering From The Italian Crisis And Lower Chances Of A Rate Hike

EUR/USD Is Suffering From The Italian Crisis And Lower Chances Of A Rate Hike

The EUR/USD is falling from the hard-fought highs on the Italian crisis. ECB rate hike projections, Brexit, and other events are set to move the pair.  The technical picture is slightly less bullish. EUR/USD is trading in the lower half of the 1.1400 handle, down on the day. Italy is in the limelight. Italy is dragging […]
Can We Expect A Major Rebound In Oil Prices?

Can We Expect A Major Rebound In Oil Prices?

After declining by more than 20 percent from the October peak, oil prices are showing some signs that they have now bottomed out. WTI hit a low point at $56 per barrel on Wednesday and Brent hit a low just below $65 per barrel. Both crude benchmarks regained some ground at the end of the […]
Sensex Trades Marginally Lower; Metal & IT Stocks Drag

Sensex Trades Marginally Lower; Metal & IT Stocks Drag

Share markets in India are presently trading on a negative note. Sectoral indices are trading mixed with stocks in the auto sector and oil & gas sector witnessing maximum buying interest while metal stocks and IT stocks are witnessing selling pressure. The BSE Sensex is trading down by 101 points (down 0.3%), while the NSE Nifty is trading down by 42 points (down 0.4%). The BSE Mid Cap index is […]
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                        The USD Index Found A Top

E The USD Index Found A Top

The USD Index looks to have recently found a top at the 97.7 level for the previous complex correction. If that is the case, then a new minimum three-wave bearish reversal may follow in upcoming sessions, and current drop can be labeled as wave 1. Wave 1 is a motive wave, and must unfold five-waves […]
Trump’s Trade War With China: The US Is Not Winning

Trump’s Trade War With China: The US Is Not Winning

Think trade wars are easy to win? Think again. The Independent reports  . President Donald Trump’s ‘America First’ trade policies have led to a 94 per cent cut in US soybean exports to China, forcing farmers in America’s midwest to stockpile crops and hope relief comes before the rot. After decades in which American soybean […]
USDCAD Daily Analysis – Tuesday, Nov. 20

USDCAD Daily Analysis – Tuesday, Nov. 20

USDCAD failed to break below the rising price channel on the 4-hour chart and rebounded from 1.3126. A further rally would likely be seen and the next target would be at 1.3250 area. Support is at 1.3126, only a breakdown below this level could signal completion of the uptrend.
How To Develop A Balanced Portfolio Amid European Volatility

How To Develop A Balanced Portfolio Amid European Volatility

There’s no sugarcoating it: the performance of European equities in 2018 has been disappointing. The weak performance year-to-date, as measured by the -10.56% return for the MSCI Europe Index,1 has been accompanied by a marked slowdown in economic growth in the eurozone. Two major indicators used as bellwethers of economic growth, composite PMIs and real GDP growth, have both trended downward, […]
WTI Crude Oil And Natural Gas Forecast – Tuesday, Nov. 20

WTI Crude Oil And Natural Gas Forecast – Tuesday, Nov. 20

WTI Crude Oil The WTI Crude Oil markets have been very volatile on Monday, crashing all the way to into the $55 level again before turning around to form in a bit of a hammer. That of course is a very bullish sign, and at this point I think that the fall had most to […]
Stocks For You To Swing-Trade: INTC, DRI, NFLX

Stocks For You To Swing-Trade: INTC, DRI, NFLX

Tuesday’s Swing-Trade Setups: Long Intel (INTC) Long Darden Restaurants (DRI) Short Netflix (NFLX)
Iraqi Dinar May Replace Dollar And Euro In Iran’s 2nd Largest Export Market

Iraqi Dinar May Replace Dollar And Euro In Iran’s 2nd Largest Export Market

Amidst continuing talks between Iran and Iraq over how to settle payments for Iraq’s natural gas imports from Iran in the face of Washington sanctions, Iranian officials are mulling over Iraq’s offer to pay in Iraqi Dinars instead of the dollar or Euro, according to Iranian state media. This follows the September announcement by Iran that it planned […]