The global stock rout intensified as European index futures indicated shares would add to Monday’s declines and equities in Tokyo slumped by the most since August. The yen reached its strongest since 2014 as Japan’s 10-year yield dropped below zero for the first time and corporate bond risk climbed. – “Investors had … More Extend’s in Japan . . Credit risk climbs
Stock and oil prices rebounded in choppy trading on Tuesday on hopes oil producers will cut output to address the supply glut that has punished equity markets and pushed crude values to 12-year lows.Investors also awaited more clues to whether the Federal Reserve and other central banks will help stabilize markets that have been roiled … More Global brief for the last past days..
Current price – 1.08258 As we can see on the chart above Eu is in Accumulation/Distribution period , it’s going to touch the support line and start gaining position for a new uptrend, first point for eventually resistance is located at 1.10 approximately, if it breaks the line next point we are going to … More EUR/USD ; DAILY CHART
Close: 1.09258 Eu close at 50% Fib level on daily chart, where we can find the MA200 doing the job as a resistance which the Eu cross couple of times and rebounded in down movements.Meanwhile as you can see also on the chart the green line which is (DEMA 200) is doing the job as … More EUR/USD DAILY
Short at 0.97723 Potential idea for fast money.
Current rate 184.4150 0.8690(0.47%)
S1 1.48671 R1 1.55840 Current rate –1.4915 –0.0161(-1.07%) GBP/USD is headed lower, then it probably heads lower now (underside of recent support line).” GBP/USD headed lower and begins December at support from a parallel. A bigger rebound is … More GBP/USD ; CORECTION WAVE
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
False breakdown, allowed to deleverage, waiting for retest period of prior highs. Current rate – 1.02988 S1 0.99628 R1 1.03388 According to estimates released today by the Swiss State Secretariat for Economic Affairs (SECO), Switzerland’s Gross Domestic Product (GDP) stagnated in … More Swiss Franc Looks Past Soft 3Q GDP