Category Archive: Finance, No picture
BTC/USD Forex Signal – Thursday, August 16
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be taken from 8am London time to 5pm Tokyo time, during the next 24-hour period only. Long Trades Long entry after a bullish price action reversal on the H1 time frame following the […]
USDCAD Daily Analysis – Thursday, August 16
USDCAD’s upside movement from 1.2961 extended to as high as 1.3174. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3250 area. Key support is at 1.3050, only a breakdown below this level could signal […]
Commodity Prices May Rise On Hopes For Easing US, China Trade War
A wave of selling hit the commodities space yesterday as worries about escalating tensions between the US and Turkey soured investors’ mood across financial markets. Crude oil and gold prices fell alongside the MSCI Emerging Markets stock index – which suffered the largest one-day drop in five months – as well as the broader S&P 500 benchmark. Oil prices’ descent was amplified by EIA inventory […]
An Eye On M1, Cyclicals, And Junk Bonds: What Matters?
Rosenberg says “Keep an eye on M1”, others watch Cyclicals, and still others have an eye on junk bonds. All of the monetary aggregates have slowed substantially, and real M1 growth is flagging a 1% stall-speed growth economy once we get passed all the pre-tariff buying activity and fiscal sugar-high that skewed Q2 GDP. pic.twitter.com/Nvxoae76sH […]
AUDUSD Daily Analysis – Thursday, August 16
AUDUSD remains in the downtrend from 0.7453, the bounce from 0.7202 is likely consolidation for the downtrend. As long as 0.7283 resistance holds, the downtrend could be expected to resume and further decline to 0.7100 area is possible after the consolidation. Only a break of 0.7283 resistance could signal completion of the downtrend.
Sensex Opens Lower; Metal & Realty Stocks Drag
Asian stock markets are lower today as Japanese and Hong Kong shares fall. The Nikkei 225 is off 0.1% while the Hang Seng is down 0.5%. The Shanghai Composite is trading down by 0.8%. Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on […]
The Potential Explosion In Inflation
Sean Brodrick, the Natural Resource Analysts at Weiss Ratings, shares why he thinks a major uptick in inflation is around the corner. There are some aspects of the inflation picture that are not keeping pace, but that could all change very quickly. Sean also shares with us the areas in which investors can put some […]
SolarEdge Q2 2018: Huawei Looms Large On The Horizon
SolarEdge stock has plunged some 20% after Q2 earnings. Q2 financials were within expectations, and guidance for Q3 a bit soft, but not enough to justify the selloff. We argue that market reaction is more related to impending competition from Huawei in the residential solar market. We look at Huawei’s and SolarEdge’s strengths, estimate SolarEdge’s […]
