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…
Crude oil Analysis Crude oil prices have risen to their highest levels since September 2019 at the close of trading last week following the US-China trade deal Another reason for the supposed rise in crude oil prices was the cut in production, which OPEC members concluded that an additional 500,000 barrels per day would be reduced from production by March…
GBP USD TECHNICAL ANALYSIS GBP/USD accelerated to as high as 1.3514 last week after election-The pound has pushed the rise to record its best level since May 2018 following the result, But important questions remain unanswered – UK-Europe trade talks route remains a major unknown factor for now Possible Correction to the Downside should be contained above 1.3160 support to…
GBP USD TECHNICAL ANALYSIS The dollar slumped as markets expressed disapproval of the White House on the U.S.-China trade talks and a U.S. decision to hit French and Brazil exports with new tariffs this stage enabled the Pound-to-Dollar rate to again test a key resistance 1.30 level on the chart- what next: voting intentions ahead of the December 12 general…
EUR USD TECHNICAL ANALYSIS last week EUR/USD recovered to 1.1050. M pattern could be in place – more decline is expected as long as 1.1080+_ resistance holds. Corrective rebound from 1.0879 should have completed at 1.1230+_ . The bullish potential is limited by technical indicators are we going to see an extreme move like 20% down or 50% up in…
Facebook stock price technical analysis forecast Facebook’s 20119 Q3 results were strong, with revenues again growing leading to EPS growing 20%. , the company reported adjusted earnings of $ 2.12 per share, up 20% from the prior-year period, and reversed two consecutive quarters of declining earnings.– is this situation will continue in the future? But on the other hand, we…
GOLD NEWS AND TECHNICAL ANALYSIS Risk aversion looks on the screen due to last events in the market- Us China, Brexit Earnings Reports and Trade Optimism Take Precious Metals Lower – will it take gold below 1400? The gut feeling and the charts show that we are probably going to see a weaker dollar before the end of the year…
Is there an extraordinary investment potential here I usually refrain from referring to one stock or another – unless it’s something interesting that is worth looking at and examining It seems to me that we have here an interesting case of a stock that was once in the status of a major in the medical sector This stock is Warren…
USD CAD Technical analysis The Canadian dollar continues to gain, fell to a low of 1.3060, almost the lowest level since July 19 after the election closed Justin Trudeau started his second term as the Canadian Prime Minister with the minority Liberal government. Any progress in U.S.-China trade would likely raise risk appetite and boost the Canadian Dollar. Historically, the…