GOLD ANALYSIS FORECAST After achieving higher price targets last days too much news and bla bla that $2,000 Gold Price is in the corner – is it so? ( if 1560 price will break up then the next targets is in 1720+_ for my opinion but it far so let’s keep that in our mind and meanwhile focus on the…
Markets Technical Analysis Rope pulling game Tug of War is one of the most ancient games known to man and there is evidence that it was played across the ancient world including ancient Greece, Egypt, and China. Also known as rope pulling, The objective is to beat the competition and win the match by winning pulls Markets Technical Analysis Markets…
Market’s Technical Analysis Forecast What two days were seen on the markets – crazy days …. what we should expect for today (NFP )? In my opinion Nasdaq Region 7710 + _ SP 500 2924 +- break there will be sent the sp500 to cope with 2868 level Dow Jones 26,400 + _ Those are important areas if they do…
EUR USD TECHNICAL ANALYSIS EUR/USD drops sharply to as low as 1.1033 confirms the resumption of the downtrend. The US Dollar surged in reaction to the Fed’s hawkish interest rate cut yesterday.Federal Reserve lowered its benchmark interest rate by 25 bps for the first time since December 2008 but the lack of commitment of future rate cuts turned out to…
Crude oil Technical analysis Oil prices fell sharply Tuesday and yesterday as US Secretary of State Mike Pompeo claimed that Iran was ready to come to the negotiating table over the nuclear deal Crude Oil Inventories Monthly Report IEA stated that the oil market showed a global surplus in the second quarter this year versus previous expectations for a deficit.…
Palladium Analysis Palladium is a component that is related to industrial output and economic output for many industries: Automotive, Technology, Medical Devices and Equipment, and many others. if palladium price will decrease, it would likely result in a decreasing or weakening global economic outlook and, potentially, be an early warning sign, that the global stock markets are about to enter…
Stock markets analysis New records on the screens This time all three indices are in parallel After breaking records Happy Independence Day for the United States 🙂 In April I wrote about the way of the indices and this time it does happen because the Dow Jones did not do it the previous times also joined this time and rose…
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?…