Fear Drain Away As VIX Sinks Lower
As US equity markets continue to defy gravity and move inexorably higher, so the VIX slides ever lower as market complacency takes hold with risk on appetite continuing to remain firmly on the menu.
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Oil Prices Continue To Tip Toe Higher
For longer term traders and investors in oil, as we come to the end of another month with the latest weekly oil inventories now posted, it is once again the weekly and monthly charts that provide insight and context for the future trends.
EURUSD Forecast March 23, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the session on Tuesday, testing the 1.12 level.
AUDUSD Forecast March 9, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the day on Tuesday, testing the 0.74 area.
The Weekly YM Provides A More Balanced View
As each new year comes around, and we celebrate the new and say goodbye to the old, as traders we are never sure what it is precisely we are welcoming in, or indeed saying goodbye too.
The VPOC (Volume Point of Control) Now Significant For Gold In All Timeframes
Dithering by the FED, coupled with associated weakness in the US dollar have both combined to provide gold bugs with some much needed good news in the last couple of week, with gold rising Lazarus like from its trough of despondency in the $1110 per ounce region, to positively sparkle at the $1190 per ounce.
Cable Waits For BOE
Cable anticipating BOE by going precisely nowhere! All we can say is 1.5550 region represents strong support & is also where have the 200 ma.
Looking For Pearls Of Wisdom In Trading And Investing
Regardless of what asset you are using to build a portfolio or trade having a clear idea of its risks and rewards are very important. However, understanding yourself is even more paramount.
Bumper Crops Continue to Drive Soft Commodities Markets
It was another week of falling prices for soft commodities (DBA, quote) once more, as over supply issues continue to dominate across all the major markets, and clearly evident from the weekly charts. It is the US which sets the price for world markets as the largest exporter, with the US Midwest corn belt set to produce a record harvest for a second year.
A Longer Term Perspective On Silver
Whilst it’s been a torrid time for gold bugs, investors in silver have fared little better, with the metal falling from the dizzy heights of $50 per ounce, to currently trade at $19 per ounce.