Stronger US Dollar and Fed policy may lead the precocious metals into recession in 2017 For my opinion we are going to see weakness in platinum, oil, gold and silver against the rising US dollar. Furthermore, the change in the US central bank’s policy from infinite monetary easing to indirect helicopter money will ultimately raise both inflation and growth,…
Short Trade Update On The Dow Jones Industrial many post were written here about new high on the markets i see a nice trade pattern on the dow jones indicesyou can see Flag Pattern on the chart- its suggest more up to come Technical analysis setup interday trade:Limit 20,080,20120Stop 19,800 Dow Jones Industrial Average Technıcal Analysıs Good Luck This review does…
EUR/TRY Technical Analysis Price Forecast Update we can see a strong positive trend during the 2016 year on EUR/TRY on the global forex market. The Euro currency had earned value against Turkish Lira during the year of 2016. The starting point of EUR/TRY was at 3.30 level at the beginning of year. while in the 2 months the parity started…
EUR/USD Price Technical Analysis Forecast Update EUR/USD failed to stay above 1.085, closed last week at 1.0564. Break down 1.050 will target 1.0460 key support zone, break of 1.0461 will confirm the bearish case will continueECB stepped up to the plate on Thursday, at the same time prepared the markets for a tapering of bond purchases by embedding the decline…
Dow Jones Industrial Average Technıcal Analysıs Is this the end of the journey , or should we await the top destinations …. ““let’s test and look on the Dow Jones If we look at the index, we can see an interesting patternHere the picture looks rather more positiveAssuming that the pattern does indeed existThere are three options that can be…
AUD/USD Price Technical Analysis The Australian dollar couldn’t have managed to stay above 0.77 we could see the resistance line and bands at this area .it wasn’t bullish breakout, Since August aud/usd has been trading in a relatively narrow corridor between 0.7460 and 0.7750.We can see in charts the resistance line since 2000, the aud/usd broke this line, and can’t…
Turkish lira (USD/TRY) Techincal Analysis Forecast Turkish lira USDTRY fell to fresh all-time low Friday, 3.5960. The currency weakened more than 2% this week. Over the past 12 months, the currency lost 22% against the dollar.The Turkish lira has weakened faster than that of any fellow emerging markets this year except Argentina, Crackdown that’s followed — spooked foreign investors,…
Crude Oil Prices Forecast Analysis Update Crude oil technical analysis Will the history repeat itself ….. well if you ask me the answer will be yes !We saw today almost 7% move in crude oil price, OPEC agrees first oil output cuts since 2008, an agreement was in line with an accord reached in Algiers in September. OPEC member Algeria…