Turkish lira analysis In the past two weeks, good news has flowed into the Turkish lira Turkish lira soared nearly 2.8 percent Monday to its strongest level since April after President Tayyip Erdoğan said he heard from U.S. President Donald Trump there would be no sanctions over Turkey’s purchase of Russian S-400 defense systems Turkey’s exports hit a record $88.2…
Canadian Dollar Technical analysis The Canadian dollar continues to gain, last week fell sharply to a low of 1.3058, its lowest level since Nov 17 , any progress in U.S.-China trade would likely raise risk appetite and boost the Canadian Dollar. As mention in, last post: the Canadian Dollar face in a very interesting situation for the continuing trend On…
Bitcoin price analysis Bitcoin price cross 10,000k for the first time since last year February 2018 last post on bitcoin I wrote: Are we anticipating the return of the Bitcoin to markets as a hidden source of refuge? Let’s remember this: the Chinese stock bubble of 2007 wiped out hundreds of billions vs Bitcoin 2017 is this the same story?…
GOLD ANALYSIS FORECAST The economic and geopolitical environment looks the primary catalyst moving gold prices higher Are we facing a ‘black swan event? In my opinion, we are at a stage when things come out of resetting– markets not coordinated The trade war between the United States and China Both presidents of China and the United States supposed to meet…
Crude oil Technical analysis last month crude oil plunged 17% reached almost 50 –a bit over it, Whether oil has found support in the $ 50 area? Earlier today, we got a report that a crude tanker was on fire in the Gulf of Oman- Oil rebounded from the lowest level in five months, crude oil futures rose more than…
Markets Analysis I am not inclined to argue with the price graph, but must say that this time I have fears that the move we saw last week does not necessarily reflect the future – there are a few things that cause me to worry. After I scanned the stocks, the indices, the commodities, and the foreign currency, the conclusion…
Markets Analysis The S&P 500 broke down major support during the trading session last week, there are a lot of concerns when it comes to the global growth story and of course, the US/China trade situation, which doesn’t seem to be getting better. even more fuel to the selling pressure is the fact that Donald Trump has just suggested that…
USD/JPY Price Technical Analysis Forecast As you already know USD JPY pair tend to be sensitive to so many other markets..- we are seeing the stocks markets start making Hints of weakening and it’s reflecting on this pair (The safe-haven demand for the Japanese Yen is somewhat decreasing as the global risk sentiment has momentarily stopped worsening) USD/JPY pair move…
AUD USD ANALYSIS FORECAST Over the last three years narrow range trend in the Aussie 1000 pips 0.69-0.79 price area Are we going to get the same move (14 % ) down or the range will continue? since 2016 i have published a few articles about the Aussie Which now seems to be validated i just put here one of the…
Bitcoin price analysis A long time has passed since the inspection of the Bitcoin, but it seems that the move was expected, what about Bitcoin Price Rally we are witness last two weeks? let’s remember this: the Chinese stock bubble of 2007 wiped out hundreds of billions vs Bitcoin 2017 is this the same story? BTC/USD ANALYSIS Technical analysis and…