March 2017

For the past two years, when things in Europe started to get complicated, especially when growth stagnate and inflation slowed down significantly, everyone turned bearish on the Euro, and they were right about it. The Euro lost more than…
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as we advised this week and as we see over our previous chart Dow managed to jump above 20600 2 days ago which provided farther advance on market Dow now facing a possible trading zone between 20580 and 20780 below 20580 the…
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Gold managed to head today to test support 1240 where we advised before that as long as market holding above this zone more advance still available at market below 1240 market will face drop pressure toward 1230 support and 1220 …
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Crude oil managed to head for rebound correction as market maintain trading above 47.00 zone maket now facing resistance zone at 50.70-51.20 where as long as market holding below another drop wave may hit market toward 46.20-40 zone…
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USDJPY managed to break above 111.60 after holding trades inside trading zone as we see over the currency track this week market now facing support zone at 111.40-50 where as long as market holding above more advance yet to come toward…
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British pound managed to jump above 1.2465 yesterday in signs of more advance yet to come market now facing support at 1.2420 where as long as market holding above another advance toward 1.2540-60 zone is expected below 1.2420 more…
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Euro managed to sustain drop wave toward target 1.0705 as we advised 2 days ago market managed to break below that support level which may lead for farther drop at market Euro facing now resistance at 1.0705 and 1.0770 where as long…
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The month of March passed off uneventfully as the markets weathered the risks from a Fed rate hike that saw U.S. short-term interest rates being hiked by 25 basis points to 0.75% - 1.0%. On the political front as well, the general elections…
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Since the beginning of the week, Gold and Silver has been trending higher gradually and getting closer by the hours to post the highest level of this year. There are still many factors involved for both metals. However, one of the main…
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The final or the third revision to the fourth quarter GDP for 2016 will be released today by the US Department of commerce. But despite the slightly hawkish expectations/forecasts given for the data today, it is unlikely that the final…
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