Author Archive: Jeremy Parkinson
BTC/USD Forex Signal – Tuesday, Sept. 18
Yesterday’s signals were not triggered, as there was no bearish price action at $6,569. Today’s BTC/USD Signals Risk 0.75% per trade. Trades can be taken until 5pm Tokyo time, over the next 24-hour period only. Long Trade Go long after a bullish price action reversal on the H1 time frame following the next touch of $6,171. […]
Positive Signs
It’s occurred to me that I may have been projecting a bit of pessimism in my last few updates. Images from storms like Florence and Mangkhut can give us the impression that the world is ending. However, looking at the news today there’s a lot to be positive about. Turkey and Russia have decided not to launch a […]
Gold Bulls Have To Wait
Last week was full of interesting economic data. I analyze them to show that gold bulls have to be patient. The data suggest that the US economy remains healthy. So far. Inflationary Pressure Eases On August the 24th, 2018, we published Gold News Monitor in which we wondered whether inflation has peaked. Now, we know […]
The Only People Who Don’t (Want To) See It
If everything was going to plan, non-standard monetary policy at the zero lower bound (QE) would have raised inflation expectations increasing the level of aggregate demand as businesses and consumers ramped up their activities in anticipation of higher costs. The more this “overheating” goes on, the more forceful it becomes. Eventually, by virtue of the […]
Oil & Gas Production Pipeline MLP Outlook: Prospects Bright
Master limited partnerships (or MLPs) typically hold assets related to oil and natural gas pipelines and storage facilities. Unlike companies, MLPs don’t face taxes at corporate levels. Only unitholders have to bear the tax liability once they get their distributions. The midstream infrastructure assets of MLPs are booked by shippers for long-term transportation and storage […]
Trump Announced More Tariffs On Chinese Goods
Additional tariffs on Chinese goods will weigh on China’s growth, short AUD/USD? President Trump recently announced a 10% tariff hike on an additional $200 billion of Chinese imports, starting 24th September. Furthermore, he also said that the tariff will kick up to 25% starting 1st January next year. China’s Vice Premier Liu He, President Xi […]
Billion Dollar Unicorns: Byju’s Is India’s First EdTech Unicorn
According to IBEF, the education market in India is estimated at $91.7 billion and is expected to cross $100 billion by 2019. India has more than 1.5 million schools with over 260 million enrolled students. It also has a vibrant tutoring industry. The e-learning sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 […]
USDCAD Daily Analysis – Tuesday, Sept. 18
USDCAD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 1.3226 had completed at 1.2975 already. Further rally is possible in a couple of days and next target would be at 1.3100 area. Near-term support is at 1.3000, only a breakdown below this level […]
EUR/USD Is Testing The Highs, Ignoring Trump
The EUR/USD continues its gradual rise despite the US announcement on trade tariffs. China’s retaliated is awaited, and the US may respond to the move as well. The technical picture looks upbeat for the pair. The EUR/USD is trading around 1.1700, holding onto Monday’s gains and even slightly extending them. After two weeks of suspense, […]
Indian Indices Trade Marginally Higher; Stocks Witness Buying
Stock markets in India are presently trading marginally higher. Sectoral indices are trading on a mixed note with stocks in the FMCG sector and healthcare sector witnessing maximum buying interest. Realty stocks are trading in the red. The BSE Sensex is trading up 12 points (up 0.1%) and the NSE Nifty is trading up 8 points (up 0.1%). The BSE Mid Cap index is trading down by 0.2%, […]
