MARKETS FORECAST UPDATE FOR 2017 A fairy tale as parableOnce upon a time there was a terrible monster,On Sunday, she would eat a thousand Red Short tradersOn Monday, she was eating a green salad at Mount Kilimanjaro.On Tuesday, she would swallow more green tea than the days of the green ocean and the blue ocean combined.On Wednesday, she would eat…
crude oil technical analysis forecast Oil shows signs of inability to cope with price levels of over $ 53, what the next step Choppy trading pattern in WTI crude oil, which has lasted 14 months. As we hit another peak, the risk/reward favor is a move back down, unless we break out above $53. The ability of the industry to…
Has the Turkish Lira finished the correction from the last record level and is now facing new highs?
Turkish lira price forecast technical analysis update The Turkish lira is weakening again against the dollar again over 3.50, after last week it has already touched 3.47 and is back down again Some economics facts from last period: Turkey’s 5.1% growth in the second quarter was stronger than expected, asset reporting. there are some opinions about the slowdown in the…
Pound Dollar Technical analysis forecast update All eyes will now be on the Bank of England’s today meeting at which policymakers are due to vote on interest rates. Members of the nine-person Monetary Policy Committee have warned that their tolerance for higher inflation, despite the weakness of the overall economy, is limited After the Brexit vote, growth was strong but…
Canadian Dollar Technical analysis price forecast update This pair is my favorite pair – we achieve 3600 pips over the year’s on the usdcad usd cad forecast i start to analyze usdcad when is faced with the break point in 2013 a quick brief on the economic situation After a short respite from monetary movements more could soon be on the way,…
gold prices technical analysis update following last events gold trading above $1,300 will it go to 1400$ Or 1100$ ?Political risk both related to North Korea and the U.S. debt limit remain high and the soft non farm payrolls report may keep the gold on the high levels On Friday, gold rallied after the U.S. economy created only 156,000 new…
Turkish lira technical analysis update Turkish lira raised the lowest level of the last two months against us dollar, coming in at 3.4920 Monday, fell below the 3.50 level today. The dollar had reached a historic high against the lira on January 10 at 3.9350.The USD / TRY rate continues to maintain its horizontal course. In global markets, the calm course…
crude oil technical analysis forecast Oil shows signs of inability to cope with price levels of over $ 50, what the next step Choppy trading pattern in WTI crude oil, which has lasted 14 months. As we hit Another peak, the risk/reward favor is a move back down, unless we break out Above $53.OPEC is struggling to balance the oil…
Are financial markets entering the bubble stage in asset prices Almost ¾ quarter of this year past – the markets archives strong high yields as I expected Stocks prices combine index prices look a bit pumping, but is this the end?Well as you all known my opinion about the situation we are stay in – 1998-1999 period time remind me…