No fundamental justification for a market bottom yet
Dow has broken its corresponding summer lows, S&P likely to follow suit
Lower lows and highs mean short always preferred over long trades
Although...
GBP/USD crashed to a record low and then bounced
Fears over mismanagement of UK economy high, but will BoE act?
Volatility means lots of trading opportunities for short-term speculators
The pounding...
After a busy week for central banks, nothing has changed to alter my bearish outlook on the stock markets. I continue to expect to see new lows on the year on the major European and US indices. The...
All eyes on FOMC – expect a 75bp rate hike with a hawkish tone
Russian aggression will keep euro under pressure
Acceptance below parity is another sign of weakness for EUR/USD
There is no end in...
Repricing of interest rates has seen US dollar surge
CAD victim of drop in risk appetite and oil prices
Breakout above key resistance means path to the upside
The USD/CAD has finally joined the other...
For those of you have followed my analysis over the years, I am not a big fan of double tops or triple tops. In fact, I often look for these setups to fail, simply because there will be a lot of stop...
For those who have followed my analysis over the years, I am not a big fan of double or triple tops. In fact, I often look for these setups to fail simply because there will be a lot of stop-loss...
Hot CPI reinforced expectations Fed will hike aggressively
Gold looking heavy as bulls desperately clinging onto $1,700 support
Watch out for sharp move lower if support gives way
The markets are...
Improved risk appetite lifts euro
EU Energy Ministers discussing caps for Russian oil and gas
EUR/USD chart still bearish
The EUR/USD was up 1% this morning, showing some follow-through in bullish...
Gold continues to be undermined by rising dollar and yields
Rising interest rate expectations reduce appeal of zero-yielding assets
Metal is testing key support, but it could break it this time
Gold...