Monthly Archives: March 2016

Terrorism in Brussel has pushed gold to 1260!

But the technical resistance has stoped the growth and return the gold down to 1250, exactly at the H4 MA100, where the precious metal has settle down now. After the FED’s decision to stay on hold and dowish stance from Yellen, the precious metal reached 1265/70 and that was the level where the sellers have took over, returning the gold down slowly.

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EUR/USD, bulls on the run!

The euro marching forward strongly today, after Yellen failed yesterday and the question is where this euro growth could end it? Is this resistance strong enough, starts from 1.1340 > 1.1375/90, or the sellers will retreet higher toward 1.1500? Who can tell, the market is  unpredictable in the last few days after the ECB’s messures and FED’s ‘not’ messures. This is

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Low interest rates are the same as drug addiction!

And we can see that from yesterday FED’s decision to leave all rates unchanged. I was sure that the FED will hike yesterday, because all FED’s conditions (data-depended) have been fulfilled. Long-term unemployment forecats is 4.7-5.0%, right where the official unemployment rate is currently, while the Core PCE of 1.7% is already higher than the high range of the FED’s 2016 year

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