Author Archive: Jeremy Parkinson
Forex Strength And Comparison For Week 11 / 2017
In the Currency Strength table, the USD was again the strongest currency while the GBP was the weakest. It was quiet last week compared to the week before. All the Currencies remained around the level of the previous week with a maximum difference of just 1 point. ______________________________________ 13 Weeks Currency Score Strength The 13 Weeks […]
5 Must-See Commodities Charts
By far the most important market this week was crude oil. With a mini-crash of 12 percent it could spell the start of a new trend, potentially the start of turmoil in markets, as explained this week in crude oil falls 5 pct. It is no coincidence that several other leading commodities are struggling as well, […]
Forex Forecast: Pairs In Focus – Sunday, March 12
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 […]
Technical Update For Oil: Brent And WTI
Highlights: Brent Crude Brent has been progressing upwards in an ascending trend channel for a number of months Last week it broke down sharply from a tight symmetrical triangle or pennant pattern and through support of the 50-day exponential moving average (ema) before finding support around the 50-week ema and the 200-day ema. The low […]
“Who Hit The Brakes?” – Bank Loan Creation Suddenly Tumbles To Five Year Low
While the overall economy appears to be humming along, at least according to the Fed which on Wednesday is expected (with 100% certainty according to the market) to hike rates by 25bps for the second time in three months on concerns it has fallen behind the inflationary curve, with last week’s payrolls report providing some […]
Forex Ranking, Rating And Score For Week 11 / 2017
The Top 10 of the Ranking and Rating list for the coming week shows the following stronger currencies being well represented for going long: USD(4X) followed by the AUD(2X) and the EUR(2X). The weaker currencies are the GBP(5X) followed by the NZD(3X) and the JPY(2X). A nice combination for coming week may be e.g: GBP/USD with the AUD/NZD GBP/AUD with the […]
Crude Prices Eye Initial Support Following Break Of 2017 Range
Crude Weekly Technical Outlook: Last month we highlighted a well-defined yearly opening-range in crude with the risk weighted to the downside as prices pressed a critical long-term resistance threshold at 54.74-55. We also note that “large speculators continue to hold record long positioning since January and with the market so heavily weighted, the washout could be rather vicious.” Crude […]
E 9 Useful Tips To Avoid Forex Scams
Every trader in the Forex Market trades with the objective to earn profits. While profits are definitely earned by experienced traders who trade with a realistic approach and in-depth market knowledge, the risks involved are also very high. The risk is not only limited to losing money in Forex trading but also the existence of […]
Weekly Economic & Political Timeline – Sunday, March 12
There will be a much heavier amount of high-impact news scheduled this week, compared to last week which was relatively light. There is central bank input expected this week from the U.S. Federal Reserve, the Bank of Japan, the Swiss National Bank, and the Bank of England, which suggests this week is going to see […]
Better Tech Dividend Stock: Intel Or Texas Instruments?
The technology industry changes rapidly. Innovation is critically important, to keep up with evolving trends. For an example of this, consider the cases of Texas Instruments (TXN) and Intel Corporation (INTC). On the surface, they seem like very similar companies. Both Texas Instruments and Intel are large-cap tech stocks, operating in the semiconductor industry. They […]
