It seems like a bi-weekly drop in gold is forthcoming....
Buying at support Technical: Bullish reaction at 61.8%
US Dollar testing Historical Support Again. Opinion: No View; just open-minded
Technical: It doesn't seem so obvious that the GBPUSD daily bull trend is about to end; however, if we zoom out to the weekly chart, we see that a new weekly trend has yet to emerge. Sentiment: Also, sentiment analysis shows that large spec are still net short. Last week, longs relative to shorts tapered off, providing evidence that a continuation of the fall...
USDJPY: At Daily 61.8% Support This may lead to a rally as large speculators and institutions continue to build up short position in the Yen. Its the largest short position since 2007 and 2013.
It looks like the US Dollar is about to shoot up: Technical reasons: (1) fib support (2) horizontal support (3) Major weekly support is still intact
It is one day before the end of a 3 month holding period where I re-evaluate a stock. It is right here where AMAT graces us with another buying opportunity. Since I am already in, I will not add more, just watch.
Fib support and underlying support could push oil to $60.
A very interesting pair to short based on a fundamental story and a technical set-up. The fundamentals favor NOK going forward in terms of growth and yield. NOK is effected by OIL, so this simplistic picture is a bit distorted. Looking at the chart, a small short just under 61.8% (9.9550) or a watch at 9.5622 for a short, might make a short-term trade, which...
A Very Speculative Trade today. I am betting that the NZ central bank will talk down their currency like they did a few months ago.