Is the Turkish lira on A temporary respite The last move we see in the Turkish lira stabilizing against the US dollar, After Turkish lira having already lost nearly 40 percent of its value this year against the dollar, It has since recovered somewhat but is still down some 30 percent, year-to-date. Are we going to get a new era…
oil prices technical analysis Oil prices jumped sharply on Monday after the US and China agreed on 90 days at a weekend meeting at the G20 Last Friday, the price of oil stood at $ 50.70, yesterday’s opening, the price jumped to $ 52, leaving Gap behind – an open price gap that will likely close sooner or laterThe question…
stock market analysis Fed Chairman Jerome Powell hinted yesterday that the pace of interest rate hikes had slowed, saying the interest rate was close to the level and natural environment.This raises the speculation that there were no interest rate hikes seen in the market as they expected to speak, those talk sent the indices leading to sharp rises Amazon jumped…
Are we need to be prepared for Crude oil Prices To Rebound weeks of growing inventory builds, combined with fears of diminishing demand and US waivers for eight countries to continue oil purchases from Iran for 180 days have combined to push crude oil prices lower. Prices rose slightly yesterday prior to the data release as optimism grew that OPEC…
3-4 months from now it seems that something big will happen Do you remember the last post on Amazon stock and NASDAQ the question is, are we currently in that mid to late-90 ’s stock market scenario, or more of the post-1998-1999 environment. my opinion is that we are in that latter market environment. Therefore my analysis would lead us to…
AUD/NZD trade set up plan This could be a Diamond Bottom is considered a bullish signal, indicating a possible reversal of the current downtrend to a new uptrend. Diamond patterns usually form over several months in very active markets. The Diamond Bottom pattern occurs because prices create higher highs and lower lows in a broadening pattern. Then the trading range…
apple stock analysis apple was one of the leading stock in us market, as the first U.S. company worth more than $1 trillion. Through early October, shares were up nearly 40% on the year, but from that point, it all goes wrong it all fell apart. Apple stock plunged 20%, wiping out nearly $220 billion in shareholder value. cracks in…
EUR USD Technical Analysis EUR/USD succeeded to stay up above 1.1350 support, break up again on a daily basis 1.1630-price level will confirm medium term rally resumption and target next key at 1.1860 and even 1.2080 However, sustained price below will extend the consolidation pattern from 1.2091 with another decline through 1.1350 support- break again last lows will confirm for…
Bitcoin price analysis Bitcoin plunged 10% yesterday to below $ 6,000 and now trades at $ 5,500 – a one-year lowAfter a long shuffle in the range of $ 6,000, he returned to distraction in his high volatility.After months of speculation regarding the split, the market finally decided that the uncertainty over Bitcoin had reached the breaking point.concern rising over…
crude oil price analysis it was so expected and I wrote it for you: “Is there a negative deviation between the oil price and the technical parameters on charts ?” OPEC cut its forecast for 2019 oil demand growth, Investors now expect supply to outstrip demand, Trump yesterday again urged Saudi Arabia and OPEC not to cut oil production, contributing…