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Mario Draghi’s newest stimulus tool will hand banks more than 700 billion euros ($950 billion) of cheap funding, economists say...
The Federal Reserve officials are currently debating whether to increase the interest rates earlier than planned due to the recent growth in the U.S. labor market...
On Monday the Japanese yen was slightly weaker, as the Bank of Japan kicked off its latest two-day monetary policy meeting with the board expected to stand pat...
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The yen managed to gain some ground in a week that saw some fear return to the markets. What’s next for currencies? Public appearances from Yellen, Draghi and Carney, rate decisions in Japan and Canada and plenty of important US figures are the highlights of a busy week...
It was a rocky week for the stock market as the drop in the momentum stocks Tuesday caught many by surprise. The social media stocks bore the brunt of the selling with large drops in Twitter, Inc. (TWTR) and Facebook, Inc. (FB...
This past week, Chinese State TV called the iPhone a “national security concern” because of its location tracking capabilities. The iPhone’s operating system utilizes location for several applications, including Maps and Weather...
The asset-less social network company’s market capitalization at the end of trading yesterday was just over $4 billion...
Most of the retail market seems to be bullish. "Smart" money is as bearish as they have ever been. Upcoming week's expectation...
After success break channel up last week,. this pair stop at minor fibonacci support level. 1.3730 will be Target ABCD apttern, but pay attention on 1.3660 as resistance level. Weak of euro fundamental data make 1.3560 easy to break, if this happen, 1.3450 will be next bearish support level...
This pair trap in long consolidation area with huge range between 101.00 to 102.71, we can see small ABCD pattern already perform too with target at support level. As long as this pattern not break, next bullish target is 102.71 at resistance level. Bearish will continue only if 101.00 break...
if we see daily chart, solid channel up already perform for 1 years, with a good fibonacci ratio,.. if this channel still perform, next bearish target at 1.6875, and complete ABCD pattern at 1.7291 From the smaller timeframe, we can see this pair trap in consolidation area for a week between 1...
After break channel down last week, USDCAD find support level 1.0627, near major fibonacci support level at 1.0600. If bullish still continue,. best opening position will be around 1.0671 at CSR, or wait for small correction at fibonacci point. At this moment, bearish keylevel at 1...
The EUR/USD pair tried to rally during the course of the week, but as you can see gave back quite a bit of the gains in order to form a shooting star. Nonetheless, the market seems to be stuck between the 1.35 level as support, and the 1.37 level as resistance...
Bullish Channel up still perform with 0.8921 target. If there is a correction, best entry at fibonacci support level 0.8759, and ideal target at 0.8851. But if this pattern break,. Major fibonacci support will be next bearish at 0.8550...
My major plan for AUD is ABCD pattern, with 0.9550 target,.. 0.9440 will be a strong resistance point. (plan A) If the price bounce again from that level and break minor fibonacci support,.. my bearish target at 0.9216, but this scenario must break 0...
Athlete IPOs. This year, San Francisco 49ers star tight end Vernon Davis IPO’d. Fantex Brokerage Services agreed to buy a 10 percent cut of all Davis’s future earnings for $4 million...
Eurozone industrial production is expected to decline by 1.2% MoM in May after the disappointing figures across key countries published this week. In France (−1.7% MoM), and to some extent in Italy (−1.2% MoM), industrial activity was distorted by the higher-than-usual number of holidays...
The Standard & Poor’s 500 Index completed its worst week since April, as signs of financial stress in Europe and speculation the recent rally is overdone pulled stocks down from record levels. Netflix Inc. retreated 6.9 percent as Internet stocks tumbled with small-cap shares...
Retail sales likely rose by 0.7% in June based on another strong vehicle sales report and healthy chain-store sales. Total light-vehicle unit sales rose by 1.2% in June to a 16.98m-unit rate. Gasoline prices rose by 0.5%, most likely boosting gas station receipts...
