EURUSD Long-Term Triangle – Oct 21, 2015
EURUSD has been trending higher on its short-term time frames but a look at the daily chart reveals that the pair is still consolidating inside an ascending triangle pattern.
Strategies
Should Yahoo Be Sold?
Oct. 19 — Scott Galloway of NYU Stern School of Business talks with Betty Liu about why Yahoo (YHOO, quote) should be sold, the e-commerce strength of Amazon and the juggernaut that is Facebook
Jack Ma Enlisted By British PM As Business Advisor
Jack Ma, executive chairman of Chinese e-commerce giant Alibaba (BABA, quote), has been appointed as a non-remunerated member of British Prime Minister David Cameron’s Business Advisory Group, according to Agence France-Presse.
Down the Snakes And Back Up The Ladders For The YM emini!
Just like the children’s board game of snakes and ladders, or as it is known in the US as chutes and ladders, coming down the snakes is always much faster than climbing back up the ladders, and so it is proving for primary equity markets in the US.
Danny Meyer: Tipping system has lost any value it had
Published on Oct 19, 2015 Union Square Hospitality Group CEO Danny Meyer on his decision to eliminate tipping at all his restaurants and the state of the restaurant business.
China’s GDP Expands 6.9% In Q3
China’s economy posted a 6.9-percent growth year on year in the third quarter of 2015, lower than 7 percent in the first half of the year, the National Bureau of Statistics (NBS) announced on Monday.
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.
USDJPY Forecast October 16, 2015, Technical Analysis
The USDJPY pair initially fell significantly during the course of the session on Thursday, but as you can see bounced rather significantly off of the 118 handle. With that being the case, the market has formed a hammer and it now looks as if we can break above the top of that hammer,
AUDUSD Forecast October 16, 2015, Technical Analysis
The AUDUSD pair fell significantly during the course of the day on Thursday, but found enough support to turn things back around and form a hammer.
EURUSD Forecast October 15, 2015, Technical Analysis
The EURUSD pair broke higher during the course of the session on Wednesday, slicing through the 1.14 level.