The S&P 500 took a bit of a spill on Friday, how does the week of August 12, 2018 look? The S&P 500 was resurgent last week as earnings and optimism about large publicly held corporations in the U.S. continued and then uncertainty in Turkey created a different complexion. No, it does not mean that..
Previewing EURUSD for the Week of August 12, 2018 EURUSD reached a one year low on August 10, 2018 falling below 1.14 for the first time since July 14, 2017. Uncertainty surrounding the future of Turkey (an aspirant to join the European Union), issues within the Union, and the possibility of delaying European Central Bank..
Previewing AUDJPY for the Week of August 12, 2018 AUDJPY has been flirting with a Support Zone for nearly five months and has been in a consolidated range of nearly 400 pips since February 22, 2018. AUDJPY has seen ranging zones like this in the past, which does not make this current period any different..
Ethereum is back in the $300s for the first time since April 10, 2018. The bears are back. The SEC’s delay on the VanEck Bitcoin ETF (VanEck SolidX Bitcoin Trust) to September 30, 2018 to make an approval or disapproval on a CBOE rule change triggered a drop-off in cryptocurrencies today. Some analysts expect the..
China’s total stock market was eclipsed in value by Japan recently. China used to sport the world’s second largest stock market by total value, but they have been passed by Japan. China’s overall equities market is valued at $6.09 Trillion USD while Japan’s total equities market is valued at $6.17 Trillion USD. This is quite..
Silver Price Forecast and Preview for the upcoming week. Looking forward to the Week of July 30, 2018 and the month of August 2018 in this Silver Price Forecast. Silver has taken a beating in price since the post-2011 Commodity Bust that has coincided with the rise of cryptocurrencies. Is a turnaround on the horizon..
Crude Oil Price Forecasting for July 30, 2018. It is the middle of peak driving season and Crude Oil has recently come off highs and there are expectations that the price may continue its bull run. Remember when refineries were closing and oil prices were in the 20s? Distant memory now. Supply crunches are expected,..
The Retail Forex Industry’s Bad Behavior and Reputation has Consequences. When all participants in the Retail Forex Industry unwittingly conspire to damage the reputation of their own livelihoods, it is rather notable. Regulators were installed all over to protect the industry and clients, but they have done nothing to prevent what has happened. Traders lost..