What can you learn about the coming stock market trends by tracking popular music styles? A lot! Watch the co-editor of our monthly Financial Forecast examine pop music hits over time and show you the implications for investors.
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As you know, the Chinese yuan has been getting weaker vs the U.S. dollar. But is the Chinese government behind the weakness — or something else? Watch our Asian-Pacific opportunities expert give you some unconventional answers. Learn How the Wave Principle Can Improve Your Trading
Another round of high-level trade talks between Washington and Beijing has been arranged and the spotlight now turns back to data releases as markets are trying to figure out whether there is a need for a sharper rate cut, ahead of the Federal Market Open Committee’s policy meeting next week. Retail sales and the Consumer Price Index will […]
Ximen Mining owns 100% interest in all three of its precious metals projects located in southern British Columbia. Ximen’s two Gold projects are The Gold Drop Project and The Brett Epithermal Gold Project. Ximen also owns the Treasure Mountain Silver Project, adjacent to the past-producing Huldra Silver Mine. Ximen is in the development phase to […]
NZDJPY’s upside correction overcame the 200-period simple moving average (SMA) on September 9 following a rebound on the new formed base of 0.6670. Despite the MACD and the RSI moving in bullish territory, both indicators have slowed down recently, suggesting that the rally may take a breather in the short-term. The implied decreasing positive momentum […]
The highly anticipated European Central Bank (ECB) meeting concludes on Thursday at 11:45 GMT, and a press conference by President Mario Draghi will follow at 12:30 GMT. Policymakers are almost certain to deliver a blend of measures, such as a rate cut combined with another dose of QE. Therefore, the question facing markets is how […]
Risk Warning: 68.15% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
AUDUSD has rallied above the 21- and 42-day simple moving averages (SMAs), up to the Ichimoku cloud, after the bears were unable to capitalize from the multi-year lows it re-tested earlier this month. Tackling 0.6880, which is the 50.0% Fibonacci retracement level of the down leg from 0.7081 to 0.6676, buyers are looking to take […]
AUDUSD has rallied above the 21- and 42-day simple moving averages (SMAs), up to the Ichimoku cloud, after the bears were unable to capitalize from the multi-year lows it re-tested earlier this month. Tackling 0.6880, which is the 50.0% Fibonacci retracement level of the down leg from 0.7081 to 0.6676, buyers are looking to take […]
Trade optimism remains the dominant theme, keeping FX market in a risk-on mood Yen underperforms on speculation for BoJ easing next week Oil retreats after Trump fires hawkish national security adviser Bolton Markets stay in a risk-on mood as trade optimism lingers The FX market continues to dance to a ‘risk-on’ tune, with moves in […]
EURJPY is prolonging the rebound off the 2 ½-year low of 115.85 as the RSI and the MACD are signaling mounting buying interest, with the former surpassing its 50 neutral mark and the latter improving above its signal line. Questions however remain about whether the bullish forces are strong enough to violate the descending channel to the upside. […]
EURJPY is prolonging the rebound off the 2 ½-year low of 115.85 as the RSI and the MACD are signaling stronger buying interest, with the former surpassing its 50 neutral mark and the latter improving above its signal line. Questions however remain about whether the bullish forces are strong enough to violate the descending channel to the upside. Should the […]
For all your market news, views and key trading set-ups, Chris Weston takes you through all the action and upcoming event risk to help you capitalise, and assess the risks to your exposures. For daily views and commentary straight to your inbox, sign up (for free) to Chris’s Daily Fix – https://cloud.go.pepperstone.com/join-daily-fix?_ga=2.35478502.679769720.1562538238-655932486.1557873476 For more information […]
History provides glaring examples of financial “madness” among investors, including the South Sea Bubble of 1720. What does this have to do with 2019? These two charts help explain … Subscribe to Elliott Wave International’s YouTube Channel: http://bit.ly/EWI-YouTube Or, follow Elliott Wave International around the web: –Facebook: http://bit.ly/EWI-Facebook –Twitter: http://bit.ly/EWI-Twitter –LinkedIn: http://bit.ly/EWI-LinkedIn –Website: http://bit.ly/ElliottWaveInternational Learn […]
EURCAD descended over the last month from the peak of 1.4994, after failing to close above the 100-day simple moving average (SMA), with the bears eyeing the weekly uptrend line drawn from 1.2127 on the 12 of August 2012. They failed to penetrate below, only managing to produce a 2-year low of 1.4502 and reversed […]
EURCAD descended over the last month from the peak of 1.4994, after failing to close above the 100-day simple moving average (SMA), with the bears eyeing the weekly uptrend line drawn from 1.2127 on the 12 of August 2012. They failed to penetrate below, only managing to produce a 2-year low of 1.4502 and reversed […]
EURCHF, after a four-month decline, had bulls emerge to propel the price upwards to the 1.0970 resistance looking for further gains. The level is the 23.6% Fibonacci retracement of the down move from 1.1475 to 1.0810, and where the 50-day simple moving average (SMA) currently lies. Failing to breach, the current stalling price at the […]
Risk Warning: 68.15% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for […]
Apple stock is edging higher ahead of the anticipated unveiling of new products later on Tuesday, including an updated iPhone. The company’s share price is trading around the upper boundary of an asymmetrical triangle and although the RSI and the MACD both reflect a bullish bias, the Stochastics are ready to print a bearish cross above […]
GBPUSD met a roadblock at 1.2380 after a recent one-week drive up from a thirty-one-month low of 1.1957. The price climbed above the 50-day simple moving average (SMA) and the 1.2293 resistance, which is the 23.6% Fibonacci retracement level of the down move from 1.3381 to 1.1957. Dwindling positive momentum suggests that the price could […]
Sterling outperforms as Johnson strikes a slightly more conciliatory tone Euro advances on reports Berlin is considering fiscal stimulus Safe havens retreat as US’ Mnuchin reiterates his optimism on trade Sterling cruises higher as no-deal Brexit chances recede, for now The political rollercoaster continues in the UK. Prime Minister Johnson lost another vote in Parliament […]
EURGBP registered losses for the fourth consecutive week and bearish signals became stronger as the price failed to return above the upward support line, crossing instead under its shorter-term simple moving averages (SMA) and the Ichimoku cloud. The 50% Fibonacci of the upleg from 0.8470 to 0.9323 managed to confidently curb downside movements on Monday and although the Stochastics are […]
The 10-day average of the NYSE Trading Index (aka TRIN) has swiftly dropped to .831, its lowest level in nearly a year. Tune in to tonight’s Short Term Update to see how this measure fits into the overall picture – and a discussion of gold, silver and bonds – where major moves are starting. https://bit.ly/31Nha9f […]
The 10-day average of the NYSE Trading Index (aka TRIN) has swiftly dropped to .831, its lowest level in nearly a year. Tune in to tonight’s Short Term Update to see how this measure fits into the overall picture – and a discussion of gold, silver and bonds – where major moves are starting. https://bit.ly/31Nha9f […]
White Gold has an outstanding land package, did great gold discoveries and will generate for sure the next mine projects in the Yukon. Kinross and Agnico holding each 19% they have great access to capital and technical expertise. Management holds +20%, Jochen Staiger, CEO & Founder, Swiss Resource Capital AG. You can view this video […]
