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AUD/USD Forex Technical Analysis – Strengthens Over .6893, Weakens Under .6876

Based on the early price action and the current price at .6884, the direction of the AUD/USD the rest of the session on Thursday is likely to be determined by trader reaction to the 50% level at .6876 and the downtrending Gann angle at .6893. James Hyerczyk ...

Crude Oil’s Failure Leads to a Profitable Opportunity

Crude oil moved sharply higher yesterday, almost touching the previous August highs, but it didn’t manage to break above them. The resistance that we outlined in the previous Oil Trading Alerts kept the rally in check, and we already see the result. Crude oil s...

Concerned That Asia Could Blow A Hole In Future Economic Recovery

Thinking somewhat far off into the future, our researchers believe China/Asia could become the next Black Hole in the global economy. China recently released its March PMI number which came in at 52.0 – showing moderate expansion in Chinese manufacturing. The February Chines...

Market News Report: April 20, 2020 - April 24, 2020

Last week’s economic data releases have continued revealing coronavirus damage to the economy. Thursday’s weekly Unemployment Claims number has surpassed 5 million, but it was a little lower than expected. However, the markets remained relativ...

Market News Report: May 4 - May 8, 2020

The recent set of economic data releases have showed us more coronavirus damage to global economies. Last week we’ve seen worse than expected CB Consumer Sentiment, Advance GDP, Chicago PMI numbers. But Friday’s ISM Manufacturing PMI number wa...

US vs. Global Sector Rotation - What Next? Part II

In Part One of this research post, we highlighted and discussed the many geopolitical and economic factors that are driving the market price volatility over the past 30+ days in addition to highlighting some of the key elements/factors of the next 15+ days that may continu...

Market News Report: January 6, 2020 – January 10, 2020

The New Year's Eve week has been quite nervous for the financial markets. Last days of 2019 brought declines in the risk-on assets, but then the sentiment greatly improved on Thursday. Not for long, as the Middle East crisis erupted later in the day… Will the coming week bring...

Market News Report: January 20, 2020 – January 24, 2020

Last week has been all about the U.S. - China trade war deal signing. The markets went almost full-on risk-on on that news. But there were more quite interesting developments, i.e. Thursday’s Euro decline. Will the coming week bring some interesting news events...

Gold and Silver: Capitulation Time

"People everywhere are being fed propaganda, lies and false stimuli of all kinds, but deep in their hearts, deep in their instincts, they know something is wrong."—G. Edward Griffin, author of The Creature from Jekyll Island My usual weekend missive was mildly delay...

Got Gold Report: ETF investors fancy silver in 2010

HOUSTON – Precious metal exchange traded fund investors are showing a preference for silver over gold lately or at least we are seeing more buying than selling pressure in the silver ETFs while gold ETF money flow is flat and has been for a year. We think it could be point...
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