platinum price struggling …. platinum price struggling ….Most investors currently view South Africa’s platinum industry with a huge amount of scepticism. Platinum stocks on the Johannesburg Stock Exchange have been shedding value in an environment where their balance sheets are deteriorating and free cash flows are close to zero.Although platinum is commonly used in catalytic converters for diesel engines, while…
eurjpy price movement become bearish by looking the technical analysis eurjpy pair close below 131 area during the session on last friday we can see on the charts few things that show to us the bearish move on this pairThe intersection of the tracks began in 2013 and marked a positive direction, currently turned negative in two yearssecond the technical format…
usdtry technical view and outlook forecast TRY Will Continue Reduce Value…Usdtry technical view remain bullish ,we can see The rounding bottom pattern at the charts –there is an uptrend prior to the rounding bottom,Prices then begin to fall, followed by a shallow bottoming process, and then prices begin rising at a steeper grade creating the visual appearance of a bowl…
NZDUSD PRICE MOVE TECHNICAL ANALYSIS Nzd/usd remains on the upside as long as 0.7400 support holds on a daily closing basis , small resistance comes at the 0.7560 levels , while break up would open to 0.7620 levels next (this level is very significant, provides strong resistance, having been an important support during 2014year ,Down trend further upside will target the 0.7700 levels kiwi…
PLATINUM PRICE TECHNICAL ANALYSIS Platinum Price Struggling Back Platinum Spot price was at $1,160.50 an ounce at 1340 GMT last Friday Platinum producers struggling back from South Africa’s longest-ever mining strike are now contending with threats to a long-awaited price recovery more than that Recycling today represents more than a quarter of the platinum metals groups that come to market —…
USDCAD TECHNICAL ANLYSIS USD/CAD stays neutral. Consolidation from 1.2797 could extend. break of 1.2280-1.2340 will bring deeper pull back,first you should expect to 1.2130 area and from there to 1.1930-60 area in the other hand break up 1.2510-70 area could lead to 1.2930-60 if you will look closely you can see on the chart that there is Descending triangle that could turn…
markets technical analysis update from my last post : 2/1/15, 4:30 AM Pacific Standard Time “Crude oil can be seen that the support area holds 43-4, last Friday was a strong closing ,we Should receive confirmation that the opening of the next trading day .closing resistance band performed, a move above will lead to areas 51-4. if the level of 54…
eurjpy technical analysis :technically, I remain the same, with the market above 133.60, bringing in the near term uptrendat 134.20 that will likely act as should now act as support there will be more of the Eurogroup and Greece over the weekend and Monday when the official meeting is scheduled for where there is a consensus that a deal will be agreed…
usdjpy technical analysistoday stocks edge higher, USD lower, JPY advances as BOJ halts stimulusUSD/JPY pair fell from 120.30 levels to trade at 118.60,after the Bank of Japan said further weakness in the Yen would hurt consumer sentiment. BOJ’s statements helped Yen strengthen across the board.The pair rose above 120.00 levels in the previous session, after having bounced-off from the 117.20 post…