Financial markets upcoming moves forecast update In the previous post on the markets, I talked about the monster marketsI am covering those moves since 17,800 points on the dowjones+_ apx and suggest here the upcoming future move – The forecast materialized markets forecast It seems that nothing will stop the machine, no threats from the north and south No crises…
New Zealand technical analysis forecast A big drama in New Zealand after the elections ended without a clear winner:New Zealand’s political parties on Thursday reached an agreement on the establishment of a center-left government led by Labor Party leader Gecinda Ardren, 37. In the September elections, the New Zealand National Party, led by conservative Bill English, the current prime minister,…
GBP/USD TECHNICAL ANALYSIS UPDATE busy week for the British pound: inflation, employment, and sales dataWill the Brexit divorce talks be judged to have reached the point at which discussions on future trading arrangements with European Council can begin? It looks unlikely but investors will nevertheless be paying close attention to the meeting of the EU’s leaders on Thursday and Friday…
Is The Bitcoin going to crash same as Chinese stock bubble at 2007 ? Chinese stock bubble of 2007 wiped out hundreds of billions of market value Chinese shares have tumbled more than 8% in one day in November 2007 Major indexes had their largest one-day drop ever Shanghai Composite Index lost 8.5%, to 3,725.56 points. Stocks fell across the…
MARKETS FORECAST UPDATE FOR 2017 A fairy tale as parableOnce upon a time there was a terrible monster,On Sunday, she would eat a thousand Red Short tradersOn Monday, she was eating a green salad at Mount Kilimanjaro.On Tuesday, she would swallow more green tea than the days of the green ocean and the blue ocean combined.On Wednesday, she would eat…
crude oil technical analysis forecast Oil shows signs of inability to cope with price levels of over $ 53, what the next step Choppy trading pattern in WTI crude oil, which has lasted 14 months. As we hit another peak, the risk/reward favor is a move back down, unless we break out above $53. The ability of the industry to…
Has the Turkish Lira finished the correction from the last record level and is now facing new highs?
Turkish lira price forecast technical analysis update The Turkish lira is weakening again against the dollar again over 3.50, after last week it has already touched 3.47 and is back down again Some economics facts from last period: Turkey’s 5.1% growth in the second quarter was stronger than expected, asset reporting. there are some opinions about the slowdown in the…
Pound Dollar Technical analysis forecast update All eyes will now be on the Bank of England’s today meeting at which policymakers are due to vote on interest rates. Members of the nine-person Monetary Policy Committee have warned that their tolerance for higher inflation, despite the weakness of the overall economy, is limited After the Brexit vote, growth was strong but…
Canadian Dollar Technical analysis price forecast update This pair is my favorite pair – we achieve 3600 pips over the year’s on the usdcad usd cad forecast i start to analyze usdcad when is faced with the break point in 2013 a quick brief on the economic situation After a short respite from monetary movements more could soon be on the way,…