EUR/USD Bearish, Vulnerable But With Caution
EUR/USD: With the pair selling off the past week, more weakness is likely. Resistance comes in at 1.1650 level with a cut through here opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1.1750 level where a break will expose the 1.1800 level. Conversely, support lies at the […]
Weekly Forex Forecast – Sunday, October 29
USD/JPY The US dollar was very volatile during the week, reaching towards the 114.50 level before pulling back on Friday. Ultimately, this is a market that I think has a significant amount of resistance above, extending towards the 115 handle. It is not until we break above the 115 handle that I feel the market […]
A Shift From US To Emerging Stocks?
By Kim Iskyan, Stansberry Churchouse Research Since 2009, the U.S. stock market has made investors a lot of money. Since the end of the global financial crisis, the S&P 500 has returned over 300 percent (including dividends). But sooner or later, the good times have to end. And it looks like time is running out for […]
GBP/USD Weekly Analysis – Sunday, October 29
GBP/USD is now facing the bullish support trend line from 1.2109 to 1.2774 on the daily chart. A clear break below the trend line support could take price to a key support level at 1.2774. Below this level will confirm that the upside movement from 1.1946 (Oct 2016 low) had completed at 1.3657 already, then […]
Major Long Term Opportunities Brewing In The Canadian Market
Although broad stock market indices in the U.S., U.K. and Germany have broken out strongly we still see some huge potential in indexes that are on the verge of a big breakout. We observe the most juicy opportunity in Canadian markets, in the S&P/TSX Composite index. The historical TSX Composite chart shown below shows that […]
Norway’s $1 Trillion Wealth Fund Gains 3.2% In Q3 As 70% Equity Allocation Pays Off
Last December we joked that the Norwegian sovereign wealth fund had responded to sinking returns and withdrawals required to fund budget deficits by allocating another $130 billion in assets to what appeared to be an already massively overpriced equity bubble in return for an extra 40bps of “expected average annual real returns” (see: Norway Buying $130 […]
5 Hot Stocks From Wall Street’s Top 25 Analysts
Which stocks are the Street’s very best analysts recommending right now? We turned to the popular Daily Analyst Ratings tool to pinpoint stock recommendations from the Top 25 Analysts on TipRanks. These analysts are the best out of over 4,700 tracked analysts. They regularly crush the market with their accurate stock ratings and analysis. To find these 5 […]
Weekly Economic & Political Timeline – Sunday, October 29
This week will see a very heavy news agenda, with the key Central Bank input coming from the U.S.A. and Japan and the U.K. It will be an extremely important week for the U.S. Dollar, with three major items coming that will have a major effect upon monetary policy. There are few weeks with a […]
Gold – The Monotony And The Destiny
We start by dusting off our dog-eared Funkin’ Wagnalls dictionary: ■ mo·not·o·ny noun: lack of variety and interest; tedious repetition and routine.“Gold’s state of being forever stuck in the $1,200s is one of monotony.” ■ des·ti·ny noun: an event that will necessarily happen to a particular thing in the future.“Gold’s date of being priced beyond $2,000 is one of […]
A Safe Haven Forecast For 2018: Watch The Correlation Between Gold And The Japanese Yen
Gold and the Japanese Yen are widely accepted as safe havens. Given recent turmoil in the geopolitical landscape, with major events occurring like the threat of a nuclear war, Brexit and a European split up, and the likes, the question is why safe havens are not reacting stronger. Moreover, what can we expect from these […]
