Fundamental Analysis

The barrage of negative news about Australia continues, with the RBA minutes commenting that the country's outlook has 'significant uncertainties' and shows risks of 'marked slowing' in dwelling investment in one to two years' time. The House Price Index chimed in tune with the RBA comments, declining not only by more than expected but also for a fourth...

Tonight, I wanted to do something a little different and look at crypto at a macro level, using the BitcoinUSD pair as my basis, since it is widely considered the "reserve currency" of cryptocurrency. I'm using Coinbase exchange, since it is arguably the most available to everyday people, so I can look at the broad sentiment of the market, not just traders, bots...

Yesterday’s statistics on the UK labor market. The data turned out to be quite good: unemployment rate appears better than forecast (3.9% with a forecast of 4%), employment rate is much better than experts' expectations (+ 222,000 with a forecast of + 120,000), average wages is also higher than expectations (+ 3.4% with a forecast of + 3.2%). So, the "attempt” of...

Comments by opposition leader Jeremy Corbyn, hinting that a referendum could take place while also supporting the case of an election, coupled with Junker’s statement that he warned May against extension beyond May 23 appear to be fanning the flames on May’s already fragile position. The overall sentiment is that the EU is hardening its stance against the UK, as...

While there is much room to go before we hit resistance, I am really not a huge fan of this overall lackluster performance. Keep in mind, the BoJ owns upwards of 80 percent of the entire Japanese ETF market. 80 percent. Let that sink in. Also, export data is weak in an economy where exports make up 18 percent of GDP. If we gain five percent from today, nobody will...

To be brief, Mexican growth is slowing with prospects for the G20 economy to slow further. Technicals oscillators shown below indicate a buy as well. This buy is a bit crowded however, so I wouldn't be surprised if the contrarian sell comes in strong. But I lean long. If you like my analysis, please feel free to check out my other work at...

Brexit and fundamental data are the most important components of EURUSD, but these long-term trend lines are probably impacting as well. Economic sentiment that came out on Tuesday was quite lackluster, pretty much like the overall EU economy. No more event risk this week other than Brexit. I wouldn't be surprised if the downtrend is extended, but my bias to...

Brent is highly politicized right now. Wave analisys: clearly show good growth by fall of this year! A good position to buy (long position) will be opened soon!

Overall on US markets, I am skeptical but open to bullish sentiment. The question is, how do we get past record highs? First though, how do we even get past this DJI resistance? The answer to both could be trade war detente. Okay, but what happens if we have a detente, which won't happen at least until June as reported yesterday, and there's no rally? We could go...

I'll be honest. The only reason I am writing about Litecoin is because I find it to be the least unattractive crypto on the market. First the view from 30,000 feet up and then lets get grounded in technical jargon. Equity markets are dying for some incentivization for uptrend and if main US indices go under cryptos will probably not be a nice place to be for...

Here we have Litecoin in black against a bevy of other cryptos including Bitcoin, EOS, Monero, and Ethereum. As can be seen, it wasn't doing great compared to its peers before the September and November 2018 setbacks, but since then has outperformed all o its peers. Keep in mind though, these cryptos, nearly all relatively liquid cryptos really, are...

Three more months is what's being asked for by May as the UK attempts to muddle its way through this going on three years long political fiasco. I'm sure you're more interested in the technicals, so here's my read: stay away. I won't trade this until there's some sort of a clearer picture of the direction of where Brexit is heading. Right now though, I'm...

Expecting a pushdown to the 38.2 Fibonacci level. Which will lead to a technical analyse entry. Expecting a push up due to some fundamental reasons.

NZDUSD moving inside the triangle pattern, from the small body of the previous day candle we can see that it is showing weakness in the upward momentum. We can expect a bearish movement towards the downside. However, if the candle closes above the triangle we can expect it to go up to the next resistance level. Tomorrow Thursdays 21th march, there will be...

News about the stock market and the oil market. We already wrote last week about the problems of Boeing. So far, they continue to get worse. According to the Minister of Transport of Ethiopia, the flight analysis showed a lot of similar details with the disaster in October. Therefore, markets reacted negatively to this news. Despite of a decline in the Boeing...

JAGX Showing Resistance At $0.50. Next Resistace Level is $0.61. A Move Upward Is Likely Due To The Stock Being Oversold and Phase Trial Data Expected Sometime Soon! Bullish.

Short-term short, but overall I'm still positive on this index. That said, this can turn ugly very, very, very quickly as the Shenzhen is the most speculative index in Asia for sure, maybe even the world. Definitely the highest volatility. So, if we do see a short-term pullback, this could quickly be followed by 5 percent gains on the day that the US and China...

RSI and Stochastic flash overbought, but we are past resistance, and overall growth sentiment is shifting towards the positive side with an extremely dovish Federal Reserve. I think we may see a a bit of a pullback in the next day or two, but overall my sentiment is leaning long.