Gold price technical analysis After Gold has been stuck around the $1,200-an-ounce level for almost 9 weeks he managed to cross for this level for almost last four weeks and traded above 1229 $.Federal Reserve monetary policy meeting is today- According to analysts, an impending interest rate hike November 07 will keep a lid on any significant gold rally in…
Turkish lira analysis After Turkish lira having already lost nearly 40 percent of its value this year against the dollar, we saw a big recover and Turkish lira traded below 6 again -yesterday Turkish lira rate finished the day on 5.31 price Turkish lira per 1 USD – The Turkish lira firmed as far as 5.31 against the USD, its best…
Crude oil analysis as I wrote last month: Is there a negative deviation between the oil price and the technical parameters on the charts? as reflected so happened!Oil prices founded difficult to stay at high levels prices , oil behaving strangely– we saw strange behavior – every time crude oil show strong move down it came back to higher numbers since…
Stock Markets Technical analysis Will the global stock markets make a turnaround this week? After starting the week with sharp declines in the indices yesterday we saw a strong recovery The Dow Jones Industrial Average, the S & P 500 and Nasdaq have experienced very strong volatility in recent weeks Everyone is now waiting for the 2018 results mid-elections in…
DAX 30 GERMANY INDEX TECHNICAL ANALYSIS It has been a long time since last technical analysis for the DAX, I remember the last post Why DAX Should Be 1 of your investments in late 2016 – it was really a good trade Is this time we are going to get the same move or this is another story…? 12,500 again or…
Dollar Index analysis US Dollar’s long-term outlook looks bullishIts look like U.S. economic recession is likely to start in 2019 or 2020 as I wrote a few times to watch the behavior in 1998-1999 in the forex market and equity market (a similar case for my opinion) DXY – US Dollar look is approaching the topside of its recent near…
crude oil analysis Oil prices find it difficult to stay at high levels, oil behaving strangely– we saw strange behavior – every time crude oil show strong move down it came back to higher numbers since may, but this month it’s not the case ! Crude oil reached all-time high since 2014 to almost 77$ and then went down sharp…
Turkish lira analysis after Turkish lira having already lost nearly 40 percent of its value this year against the dollar, we saw a big recover and Turkish lira traded below 6 again – today rate standing on 5.53 Turkish lira per 1 USD – The Turkish lira firmed as far as 5.53 against the USD, its best level since AugustTurkey caved in…
Stock Markets Technical analysis update Has the crash reached financial markets and a new era is ahead of us? US Stocks rose yesterday after the release of strong quarterly results helped the market recover from last week’s sell-off. Dow Jones surged more than 500 points, S&P 500 gained up more than 2 percent, Nasdaq advanced almost 3 percent. major large-cap…
