Author Archive: Jeremy Parkinson
EUR/USD Targeting Further Bull Pressure, Eyes 1.1960 Zone
The EUR/USD pair faces further upside as it looks for more strength. Resistance comes in at 1.1950 level with a cut through here opening the door for more upside towards the 1.2000 level. Further up, resistance lies at the 1.2050 level where a break will expose the 1.2100 level. Conversely, support lies at the 1.1850 level […]
EC Earnings Growth Accelerates In 2018
Here are the key points from the week’s earnings trends: • We will start getting the earnings Q4 results in about two weeks’ time, though the reporting season will really get going only in the second week of the New Year. • Total Q4 earnings are expected to be up +8.6% from the same period last year […]
Weighing The Week Ahead: A Strong Outlook Gets Even Stronger
The economic calendar is another big one, with an emphasis on the employment situation. Despite this, everyone will be scrambling to analyze the tax cut legislation. I expect many to be asking: What do the tax cuts mean for financial markets? Last Week Recap In the last edition of WTWA I predicted that attention would turn to the […]
Forex Forecast: Pairs In Focus – Dec. 4
The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to […]
Meet Big Brother Biotechnology
With so much news hitting the market on Friday, I decided to stick to the benign analysis of the final character of my Modern Family I presented on Facebook Live-Biotechnology-IBB! (To read thoughts on the market and analysis, please refer to the ETF section). He is called the Family’s Big Brother although also known as Big […]
GBP Continued Upside In The Cards
Talking Points: GBP/USD nears levels last seen on UK referendum day, nearly 18 months ago. Brexit talks are moving forward but nothing has been decided yet. GBP/USD may need to consolidate ahead of the expected Fed Fund rate hike. Fundamental Forecast for GBP: Neutral We remain neutral on GBP/USD with a lot of the recent positive news, […]
China Stock Market Outlook 2018
As the U.S. stock market continues to rally relentlessly it is most likely on its path to set a major top and correct sharply anytime soon. If and when that happens we believe at InvestingHaven that capital will rotate out of U.S. stock markets into emerging stock markets. So the question is, if that is […]
Politics May Continue To Overshadow Economics
The new monthly cycle of high frequency economic data has begun. The manufacturing PMI shows the synchronized global recovery is continuing. The service sector and composite PMI will be reported in the week ahead. They are unlikely altering the general expectation for robust growth in Q4. Even the disappointing US auto sales (17.35 mln seasonally-adjusted […]
AUD/USD Forecast Dec. 4-8 2017
The Australian dollar managed to stabilize amid OK data. A very busy week awaits the Aussie, including a rate decision and the GDP data. Here are the highlights of the week and an updated technical analysis for AUD/USD. Data coming out of Australia was mostly positive: private capital expenditure came out as expected but came with a small upwards […]
Hedge Fund Managers Share 6 Best Investing Ideas For 2018
At this year’s Sohn Investment conference in London, some of the renowned hedge fund managers shared their best ideas about investing next year. According to a report from Financial News London, money managers from Lansdowne Partners, Och-Ziff Capital Management, Andurand Capital, Polygon Global Partners, Bodenholm Capital, and Pelham Capital talked about their investment ideas on technology,stocks, and oil at the conference. […]
