Gold Price Forecast: Bearish RSI Signals Warn Of Further Losses
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
GOLD TALKING POINTS Gold prices are back under pressure amid the recent strength in the U.S. dollar, and the precious metal stands at risk for further losses as the bearish momentum appears to be gathering pace. GOLD PRICE FORECAST: BEARISH RSI SIGNALS WARN OF FURTHER LOSSES The inverse relationship between gold and the U.S. dollar may become […]
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Forex Analysis Of GBP/USD For Wednesday, August 15
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
Every day is not an independent day in forex trading and it is an extension of previous day trading. First, we look into the previous day trade and what happened on August 14, 2018, and the GBP/USD pair opened at 1.27594 and went high at 1.28170 and gone to low at 1.27039 and finally closed […]
Pension Liabilities Skyrocket: It’s The Promises, Stupid
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
Unrestrained benefit growth is behind many state fiscal crises: Special spotlight on Illinois. This is a guest blog courtesy of Wirepoints and authors Ted Dabrowski and John Klingner. It’s the Pension Promises, Stupid! You can trust public pension apologists to deflect any critique that calls out the failure of defined benefit plans. Unsurprisingly, their response to a recent Wall […]
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Forex Analysis Of EUR/USD For Wednesday, August 15
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
In Forex Trading, every day is not an independent day, it is an extension day of the previous day trading. First, we look into the previous day trade and what happened on August 14, 2018, and the EUR/USD pair opened at 1.13994 and went high at 1.14287 and gone to low at 1.13299 and finally […]
Wicksell’s Elegant Model
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
“It’s unbelievable how much you don’t know about the game you’ve been playing all your life.” – Mickey Mantle The word discipline has two closely related applications. Discipline may refer to the instruction and nurturing of an individual. It can also carry the connotation of censure or punishment. The purpose of discipline, in either case, is to […]
An Analyst Says Asset Allocation “In Serious Decline.” Really?
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
A Forbes columnist last week warned that asset allocation is falling on hard times. Rob Isbitts, founder and chief investment officer of Sungarden Investment Research, writes that “if you started investing in a typical asset allocation strategy any time since mid-2012, your returns have been progressively worse.” Using a set of BlackRock asset allocation ETFs as evidence, […]
Lackluster U.S. Retail Sales Report To Curb EUR/USD Losses
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
Updates to the U.S. Retail Sales report may spark a bearish reaction in the U.S. dollar as household spending is expected to increase 0.1% in July versus the 0.5% expansion the month prior. A marked slowdown in private-sector consumption may dampen the appeal of the greenback as it casts a weakened outlook for growth, with the U.S. […]
BTC/USD Forex Signal – Wednesday, August 15
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
Yesterday’s signals were not triggered, as there was no bearish price action at $6,178 but the earlier long trade from $5,950 would be nice in profit if it had been allowed to run. Today’s BTC/USD Signals Risk 0.75% per trade. Trades may only be entered between 8am London time and 5pm Tokyo time, over the next […]
America’s Indo-Pacific Economic Vision Is Merely Geopolitical Maneuvering
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
The Trump administration’s Indo-Pacific Vision is not an alternative to Chinese and other development initiatives in the Asia Pacific. It is a geopolitical play that is likely to benefit mainly advanced economies. What the Asia Pacific needs is a sustainable, long-term plan for accelerated economic development – not new geopolitical divisions. On July 30, U.S. […]
USDCAD Daily Analysis – Wednesday, August 15
Aug 15, 2018
Jeremy Parkinson
Finance, No picture
USDCAD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2961 had completed at 1.3170 already. Further decline is still possible and next target would be at 1.2961 support. Resistance is at 1.3170, only a beak of this level could trigger another rise towards 1.3300.