Category Archive: Finance, No picture
USDJPY Weekly Analysis – Sunday, September 2
USDJPY moved sideways in a trading range between 109.77 and 112.15. The sideways movement is likely consolidation for the downtrend from 113.17. A further decline would likely be seen after the consolidation and a breakdown below 109.77 support could trigger further downside movement towards 108.00. Key resistance is at 112.15, only a break of this […]
Investment Risks Rise As US Mid-Term Elections Near
This is the Labor Day weekend in the USA – the traditional start of the mid-term election campaign. And just as in September 2016, the Real Clear Politics poll shows that most voters feel their country is going in the wrong direction. The demographic influences that I highlighted then are also becoming ever-more important with time: […]
Expert Sees Gold Prices Passing $10,000 If Investors Panic
Gold prices have been under pressure lately but still showing signs of life as they brush off the latest economic data. Investors are betting against the yellow metal en masse, but time may be running out for the shorts, depending on how quickly things change. Daniel Oliver of Myrmikan Research, who writes extensively about credit bubbles and […]
E Market Briefing For Tuesday, Sept. 4
Testy trade poker is now bending a bit to suggest Europe as honorable contrasted to the U.S. only because of President Trump’s rather heavy response to the EU’s proposal for ‘tariff elimination’ on all automobiles as well as industrial products. His redaction of cooperation is the antithesis of his own proposal for 100% tariff elimination. […]
Just How Much Does America’s 1% Have In Savings?
According to a new analysis of Federal Reserve and FDIC data by Magnify Money, the median American household has around $11,700 in savings between bank accounts and retirement savings – meaning 50% of Americans have less than $11,700 in savings, and 50% have more. The average American household, however, has saved $175,510 – a vastly different figure. This data is largely meaningless from 10,000 feet. The […]
Weekly Fundamental Forecast: Trade Wars And Emerging Market Pressures To Mix With Rate Decisions And Liquidity Next Week
The summer lull has come to a close, but no serious fundamental themes have been resolved during the volatility hiatus. Now, with an expected seasonal pick up in market participation; the markets will have to keep tabs on pressing themes like Trade wars while high profile event risk (such as NFPs) crosses the wires. US […]
The Truth About U.S. & Canadian Dairy Farmers
Further to my articles here, here and here regarding trade and NAFTA, I came across this interesting Toronto Star article, which describes the truth about the oversupply of milk production in the United States. Source: The Toronto Star Canada already controls its Canadian milk production to ensure that its producers can sustain a living, while adequately satisfying its domestic demand. It’s no fault of Canada that the U.S. has […]
Silver’s Crash Is Very Rare – Historically Long Term Bearish For Gold And Silver
Gold and silver have been absolutely hammered recently. Gold is now down 5 months in a row. Fortunately for gold bulls, gold recently made a strong reversal that usually causes gold to sustain a short term bounce. However, silver is still exceptionally weak, having fallen 11 out of the past 12 weeks. There are only 2 historical cases […]
Trading Support And Resistance – Sunday, September 2
This week we’ll begin with our monthly and weekly forecasts of the currency pairs worth watching. The first part of our forecast is based upon our research of the past 16 years of Forex prices, which show that the following methodologies have all produced profitable results: Trading the two currencies that are trending the most strongly over the […]
Forex Forecast And Cryptocurrencies Forecast For September 03-07, 2018
First, a review of last week’s events: EUR/USD As expected, the week was full of multidirectional economic news, which caused first growth, and then the fall of this pair. Recall that 45% of experts, relying on the problems in the US-Chinese negotiations and the contradictions between the US president and the head of the Fed, […]
