Category Archive: Finance, No picture
EUR/USD Weekly Analysis – Sunday, Nov. 18
EUR/USD broke below 1.1301 support and extended its downside movement from 1.1815 to as low as 1.1215. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and the next target would be at 1.1100 area. Key resistance is at 1.1500, only […]
Brexit, Mixed Retail Earnings & Nvidia’s Weak Outlook Weigh On Stocks
On this episode of the Zacks Friday Finish Line, Associate Stock Strategist Ryan McQueeney and Editor Maddy Johnson recap the week’s Brexit drama and major earnings results from the retail sector. The hosts also chat about Nvidia’s sluggish guidance and what it could mean for tech stocks. It was another uncertain week for global investors—thanks […]
Australian Dollar Can Hang On Again, But Downward Bias Remains
by David Cottle , Analyst Fundamental Australian Dollar Forecast: Neutral The Australian Dollar has held up quite well this month Overall risk appetite will probably decide its fate However this week’s local economic events may be supportive The Australian Dollar continues to hang tough against its US cousin, holding still above the long downtrend line that had held sway for much […]
Value Hedge Funds Close Despite Plethora Of Bargains In Asia
This year, a number of high-profile hedge funds that follow the value discipline, have closed their doors. The latest is Three Bays Capital, which announced plans to close at the end of last month, following years of weak performance. Started in 2013 by former Highfields Capital Management money manager Matthew Sidman, Three Bays Capital once managed as much […]
Weekly Commentary: Canary In The Credit Market’s Coal Mine
What ever happened to “Six Sigma”? GE was one of the most beloved and hyped S&P 500 stocks during the late-nineties Bubble Era. With “visionary” Jack Welch at the helm, GE was being transformed into a New Age industrial powerhouse – epitomizing the greater revolution of the U.S. economy into a technology and services juggernaut. […]
USD/JPY Weekly Analysis – Sunday, Nov. 18
USD/JPY failed to break above 114.54 resistance and pulled back to 112.60 area, suggesting that a lengthier consolidation for the uptrend from 104.63 is needed. However, as long as the price is in the price channel on the daily chart, the uptrend could be expected to resume and a further rise towards 115.50 resistance is […]
Global Markets Braced For Brexit Chaos And Italian Showdown
EQUITY ANALYSIS AND NEWS FTSE 100 | Brexit Uncertainty to Persist, Key Support Tested S&P 500 | 2700 Curbs Further Losses, Risk Barometer Points to Indecision FTSE MIB | Italian Budget Showdown Continues Price 200DMA RSI IG Sentiment Europe FTSE 100 7013 7404 59 Mixed DAX 11341 12333 57 Mixed CAC 40 […]
German ETFs In Focus As Economy Shows Signs Of Cooling
The Eurozone seems to be caught up in a bad state of affairs with the political and economic turbulence doing the rounds. Adding to the woes in the region were the recently released output numbers from Germany for the July-September quarter, which fell by 0.2% from the previous quarter. More than one-fifth of European Union’s […]
Forex Forecast: Pairs In Focus – Sunday, Nov. 18
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 […]
