Gold price Technical analysis Gold surprised the markets last Friday as prices climbed above $1,570 an ounce level- is it because of the coronavirus – how much and how long the coronavirus will weigh on global growth Concerns over the economic impact of the virus have put pressure The big news was the U.S. employment report, which surprised on the…
Bubble Stories in the markets Is the king naked or is he in complete glory? Tesla stock is the scourge and salvation for the world’s ills – did they find the black diamond here Every time a new star comes to the neighborhood, sometimes it falls and sometimes stays in the galaxy for a long time If it’s a bubble…
MARKETS TECHNICAL ANALYSIS Are we in the beginnings of a downward wave, or do we continue to gallop forward and conquer new highs, or is it just a slight blow to the wing, and the flight to Mars will continue … I don’t want to confuse your brain too much, so I’ll focus on the graphs – just before those…
Palladium price analysis news palladium price hit into parabolic chart phase the last post on palladium A sharp rise leads to a collapse – is that the case now? its look that we get a replay of 2001 in palladium The parabolic curve is one of those patterns which can give unbelievable returns within the shortest possible time.…
Market overview due to recent events This time I’ll start something on a personal note Friends I do not know if you all know me, but I am Israeli, and Iran’s interest in all that is constantly here, we live this story in Israel, and it’s not new for us. To me, it’s no surprise what’s going on these days…
2020 Markets Forecast Nothing seems to stop the bull -2020 will continue the pattern of increases: Combining strong labor markets, rising wages, household sentiment, and central bank policies in the US and Europe will help stabilize the global economy at a low growth rate, economists and analysts largely predict that 2020 will be a year of slow growth – but…
EUR USD TECHNICAL ANALYSIS short term optimistic: in the other hand, The confirmation of the closing price reversal bottom is potentially bullish. Typically, this chart pattern leads to see some rally trend. Its first upside target to check 1.1350-1.1430+_, closing up above this price will mark new high targets are we going to see an extreme move like 20% down…
USD JPY Technical Analysis The pair play for a very long period in narrow boundaries – it’s about to explode in one direction -The question is in which one? 3 indicators that give the indication that the bottom of the USD/JPY is still far away Symmetrical Triangle Pattern The triangular chart pattern is created by drawing two converging trend lines…
Turkish lira Analysis News Losses for the Turkish lira deepened last week after Ankara’s deteriorating relationship with Washington – The Senate Foreign Relations Committee last week passed the Risch Bill, which aims to impose sanctions on Turkey for its purchase of Russian-made S-400 missile defenses and its latest offensive in Syria. Turkish lira slide to its weakest level in daily…
Palladium Analysis Palladium has cemented its status as the world’s most valuable precious metal with a gain of 56% for this year Is the decline in palladium prices likely to be sharp, or is it the beginning, and we see higher levels its look that we get a replay of 2001 in palladium Palladium Analysis I’ve written in late July…