For investors, the idea that global economic growth will be lower, not just for longer, but forever, is daunting. They begin to worry that the doomsayers have it right and that we are heading for another economic meltdown. That’s the wrong fear. Because central banks are convinced that printing money is the way to go … More Slow growth are sad for the big investors..
Take partial profit at 23.60% Objective point located at 50.0% – Target Current rate – 0.9179
Short at 0.97723 Potential idea for fast money.
Current rate 184.4150 0.8690(0.47%)
Current rate – 123.382 S1 – 121.030 R1 – 123.382 The USD/JPY breakout has stalled at former support (the line that extends off of the early 2015 lows). The rally from the August low also consists of 2 … More USD/JPY ; H4
Current rate – 0.72884 S1 – 0.70673 R1 – 0.73342 The Australian Dollar continues to oscillate in a now-familiar range below the 0.73 figure against its US counterpart after the RBA policy announcement failed to inspire volatility. Taking the longer view, … More AUD/USD ; DAILY
Current rate – 0.65510 S1 – 0.65241 R1 – 0.65374 The Kiwi likely have a bearish trend on weekly time frame.The price is on the 50.00% fib retr., It looks like the pair is favoring the downside movement. Any further gains we will treat as a … More KIWI DOLLAR CHART; D
Current rate 0.65689 S1 0.64549 R1 0.66303 StochasticRSI – showing overbought conditions, Daily chart – S1; R1 SHORT.
Current rate: 0.72227 S1 0.71186 R1 0.72997 The pair touch 61.80% fib retr.; Daily chart ; StochRSI showing overbought conditions still. The price is going to 38.20%, … More AUD/USD ; D
Current rate – 0.95887 R1 – 0.97353 S1 – 0.95045 While the U.S are celebrating Thanksgiving holiday, the market’s are losing liquidity and dulls volatility globally. This will present a … More AUD/CAD H4