Moody’s Downgrades China, Time to Buy

Moody’s Downgrades China, Time to Buy






Moody’s Downgrades China, Time to Buy Yes Moody’s. the firm that kept Enron’s investment-grade rating and did the same for Lehman Brothers has issued a very questionable downgrade of China. The justification for the downgrade is excessively pessimistic and not in line with the ratings they have on other countries. If they were to apply […]






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High

The Bitcoin Bonanza, the Cryptocurrency Marks a Record High






The Bitcoin Bonanza, the Cryptocurrency Marks a Record High $GLD, $BTCUSD $100’s worth of Bitcoins 7 years ago are now valued at nearly $80-M Bitcoin has more than 2X’d this year compared against the USD, reaching a record high of $2,190.45/each Monday, the 7-year anni of Bitcoin Pizza Day. The Day commemorates the time a […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The USD remains weak with more Southside left and the majors may rally further in here. PE US Dollar (.DXY) Index at 97.17 resumed its downtrend after brief pause and tested 97.00 Friday. My targets of 96.50-96.00 may be seen this week with the trend […]






Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst

Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst






Singapore Dollar (SGD) ⇨ US Dollar ($) (SGDUSD) Latest Technical Analyst Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. The projected upper bound is: 1.40. The projected lower bound is: 1.38. The projected closing price is: 1.39. Candlesticks A white body occurred (because prices closed higher […]






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade

Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Indonesia Upgraded To Investment Grade S&P Global Ratings raised Indonesia’s sovereign rating to an investment grade. The rating was revised to BBB- from BB+ with a stable outlook. After the revision, Indonesia has now acquired an investment grade rating from all the three major rating agencies. The […]






Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)

Britain – Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD)






Britain Walking Out On BREXIT – British Pound (£) ⇨ US Dollar ($) (GBPUSD) Bullish on GBP once Brexit starts? GBP/CAD, GBP/NZD have been trading higher. Bearish on GBP once Brexit starts? EUR/GBP, GBP/CHF, GBP/JPY are your go-to options. Britain will walk out of Brexit talks unless Brussels drops its demand to charge €100bn (£86bn) […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analysis Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This is bearish, […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves Credit Suisse has cut its forecast for the Chinese yuan as Beijing sharpens its focus on currency stability. The bank cut its 3-month forecasts for the yuan against the U.S. dollar (USDCNY) to 6.88 compared to its previous forecast of 6.98, and […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Update For The Baht Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.57. The projected lower bound is: 34.03. The projected closing price is: 34.30. Candlesticks A big black candle occurred. This […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: Added to the misperceived notion of uncertainty in US politics, the latest Brazilian corruption scandal is real with the possibility of an impeachment of the President has spooked the markets, but better than expected jobless claims and regional manufacturing data in the US have helped […]






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Japanese Yen Climbs as Global Markets are In Risk-Off Mode

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Japanese Yen Climbs as Global Markets are In Risk-Off Mode






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) The Japanese yen is climbing. The currency was up by 0.7% at 112.37 per dollar as of 7:56 a.m. ET. Global markets are in risk-off mode, with the yen, gold, and US Treasury’s rallying. Betting on yen appreciation is popular during periods of heightened uncertainty. Treasury’s, considered […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Technical Analysis Update Open 4.3150 High 4.3210 Low 4.3100 Close 4.3210 Change 0.0010 (0.02%) Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 4.38. The projected upper bound is: […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls China’s yuan firmed against the U.S. dollar on Wednesday after the central bank fixed its daily midpoint at the strongest level in three months, but the renminbi slid to new lows against currencies in a trade-weighted basket. official midpoint CNY=PBOC at 6.8635 per dollar prior to […]






Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain

Euro (€) ⇨ US Dollar ($) (EURUSD)  BREXIT TALKS – Donald Tusk Defending Britain






Euro (€) ⇨ US Dollar ($) (EURUSD) BREXIT TALKS – Donald Tusk Defending Britain Highlights EUR/USD has charged to a six-month high, but its drive higher doesn’t seem to carry clear fundamental lines Risk trends continue to inch higher with limited conviction and problem for those looking to play a trend Top event risk will […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) latest News     Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A black body occurred (because prices closed […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently China’s yuan edged up against the U.S. dollar on Tuesday after the central bank set guidance at its strongest in three weeks, but traders said corporate demand for the greenback could pressure the Chinese currency in the […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The combination of weaker than expected US macro data and the possibility of political stability returning in Europe keeps the G-10 majors strong Vs USD. PE. EUR (Euro) at 1.0985 is close to resistance of 1.10 again on the back of a surprise win […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Latest Technical Analyst Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.77. The projected lower bound is: 34.23. The projected closing price is: 34.50. Candlesticks A big black candle occurred. This is bearish, […]






Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk

Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk






Euro (€) ⇨ US Dollar ($) (EURUSD) Underestimating Britain’s Political Power, EU Economy at Risk Wolfgang Münchau, thinks the EU miscalculated the mood of the British people when it offered David Cameron a rum deal before the Brexit campaign began in earnest and it should learn from that error and be sure not to repeat […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Dollar at New Low The Singapore dollar traded on Wednesday (May 3) at S$1 to 3.0933 Malaysian ringgit — the lowest the exchange rate has been since the start of the year. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices […]






Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact

Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact






Euro (€) ⇨ US Dollar ($) (EURUSD) Macron Negative impact Emmanuel Macron will take power as French president on Sunday and immediately face the twin challenges of European Union reform and loosening strict labour laws in France. It is traditional for French leaders to make Berlin their first European trip. The pro-European centrist Macron wants […]






British Pound (£) ⇨ US Dollar ($) (GBPUSD) The Never Ending Brexit

British Pound (£) ⇨ US Dollar ($) (GBPUSD) The Never Ending Brexit






British Pound (£) ⇨ US Dollar ($) (GBPUSD) The Never Ending Brexit Theresa May needs stronger mandate in EU to make Brexit a SUCCESS. The Chancellor, who is attending a G7 meeting in Bari, Italy, this weekend, said good progress to secure the UK’s position had been made but there is more work to do.  […]






SPDR Gold Trust (ETF) (NYSEARCA:GLD)

SPDR Gold Trust (ETF) (NYSEARCA:GLD)






SPDR Gold Trust (ETF) (NYSEARCA:GLD) Highlights Investment advisers have suggested that investors keep gold in their portfolios to cushion the impact of global economic and social volatility. Gold for June GCM7, +0.29%  rose by $3.50, or 0.3%, to settle at $1,227.70 an ounce. It finished the week less than 0.1% higher after posting losses over […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The US CPI & Retail Sales data may affect the USD today. PE The Dollar (.DXY) Index at 99.57 registered a high at 99.89 before a minor correction, but the Bullish momentum is intact above 99.35-25. USD/JPY at 113.67 is seeing a correction from […]






British Pound (£) ⇨ Euro (€) (GBPEUR) The Ulitmate Brexit Trade

British Pound (£) ⇨ Euro (€) (GBPEUR) The Ulitmate Brexit Trade






British Pound (£) ⇨ Euro (€) (GBPEUR) The Ulitmate Brexit Trade  Highlights: Euro sees off Macron victory with a gallic shrug Euro drops after rising to six-month high Long GBP Short EUR Labour will make Britain a force for good Britain’s BT sets out ambition for ultrafast broadband Overall, the bias in prices is: Sideways. […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: USD strength prevails with the weakness in majors expected to continue for a while. PE The US Dollar (.DXY) Index at 99.60 is advancing towards our target at 100.00-50 with support coming up at 99.35-25. USD’s strength keeps JPY at 114.16 weak as USD/JPY enjoys […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: USD gathered strength and a pause after the 3-Day rally, it may rise further which implies weakness for the majors peers. PE US Dollar (.DXY) Index at 99.43 broke above the resistance, signaling a near term Bullish reversal which may take it to 100.00-50 after […]






Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs

Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs






Bitcoin Spikes, Marks $1,700, + $1-B Market Cap in 24 Hrs The price of the volatile digital currency rose above $1,700 Tuesday morning, according to a price index by industry website Coindesk, with analysts contemplating what risks or Back Swans could scuttle its recent price run. “Over 1 year, the market capitalization for Bitcoin has increased […]






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD)

Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD)






Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) Highlights Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.75. The projected upper bound is: 0.75. The projected lower bound is: 0.72. The projected closing price is: 0.73. […]






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis

Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis






Malaysian Ringgit (MYR) ⇨ US Dollar ($) (MYRUSD) Inflation & Trading Technical Analysis Highlights *Malaysia Inflation Rate Highest In Over 8 Years *Inflation set to accelerate and average 3%-4% on oil prices *Gross domestic product is forecast to expand 4.3 percent to 4.8 percent this year Overall, the bias in prices is: Sideways. Short term: […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy Highlights *Internationalization of Chinese yuan to boost Kenya’s economy *Beijing is now one of Kenya’s top trading partners and this has raised the significance of the renminbi (RMB) *The number of banks that can provide Chinese yuan over the counter is increasing *Chinese yuan weakens […]






British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound

British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound






British Pound (£) BREXIT, Macron & Trading, What Will Happen To The Pound Emmanuel Macron told the UK to expect “tough” Brexit negotiations after being elected last night as France’s youngest leader since Napoleon and vowed to heal divisions in Europe. His landslide victory has been hailed by EU leaders such as Jean-Claude Juncker and […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: No new triggers in the market and the major pairs may settle in moderate ranges near term. USD/JPY broke out of a 5-month long channel after worse than expected earnings in Japan. Labor cash earnings for 17 March came at -0.4% Vs an expectation of a […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The better than expected US NFPs data and the defeat of the far-right candidate Marine Le Pen against the Centrist Emmanuel Macron in the French Presidential election seem to have cancelled each other out as the major pairs remain in the same place with no […]






SPDR S&P 500 ETF Trust (NYSEARCA:SPY) HEFFX Outlook

SPDR S&P 500 ETF Trust (NYSEARCA:SPY) HEFFX Outlook






SPDR S&P 500 ETF Trust (NYSEARCA:SPY) HEFFX Outlook Highlights *China’s April imports rose 11.9 percent, cooling from March’s 20.3 percent rise *Exports rose 8.0 percent from a year earlier, slowing from a 16.4 percent rise in the previous month and short of expectations of 10.4 percent. *China Market seems to have stabilized. *Trumps tax reforms […]






DCCC launches ‘ActiveRisk’ Risk Management System

DCCC launches ‘ActiveRisk’ Risk Management System






DCCC launches ‘ActiveRisk’ Risk Management System The Dubai Commodities Clearing Corporation (DCCC), the leading Central Counter Party (CCP) in the region and a wholly owned subsidiary of the Dubai Gold & Commodities Exchange (DGCX), has announced the launch of a state-of-the-art Risk Management System (RMS) called ActiveRisk. ActiveRisk, developed by Chella Software (CSPL), has been […]






China and Japan Improve Ties

China and Japan Improve Ties






China and Japan Improve Ties The finance ministers of China and Japan exchanged views on deepening cooperation at the Sixth China-Japan Finance Dialogue this weekend. Xiao Jie, the minister of finance, and Taro Aso, Japan’s deputy prime minister and minister of finance, cochaired the dialogue on May 6, with senior officials from finance ministries and […]






FX Trading Week Ahead

FX Trading Week Ahead






FX Trading Week Ahead Global Overview Macron wins the French election but Euro fades. Tensions remain high in North Korea. Dollar mixed despite strong Non-Farm Payrolls report on Friday. EU making a lot of BREXIT Noise. China’s Trade Surplus Beats Forecasts. Crude oil prices still look vulnerable after snapping a 5-day losing streak. Another big […]






Asian Trading Update: Rally Extends

Asian Trading Update: Rally Extends






Asian Trading Update: Rally Extends Markets had been given a positive lead from New York, where all three main indexes ended with healthy gains, with the Nasdaq posting yet another record, following a better-than-expected jobs reading. The economy added an estimated 211,000 net new positions in April wle the unemployment rate fell to 4.4 percent, […]






China: Economy on Solid Ground

China: Economy on Solid Ground






China: Economy on Solid Ground China’s recent economic moderation is a natural consequence of its economic restructuring, and the country’s solid growth momentum remains uninterrupted in the longer term, Asian Development Bank Chief Economist Yasuyuki Sawada said on May 7. China is doing the right things to maintain financial stability and control cross-border capital flows, […]






EUR Rallies on Macron Presidential Victory

EUR Rallies on Macron Presidential Victory






EUR Rallies on Macron Presidential Victory $EURUSD EUR rallied to $1.1023 from $1.0998 in early Asia-Pacific Forex trading Monday after pro-European centrist Emmanuel Macron, 39 anni, won the French Presidency, scoring a victory over far-right rival Marine Le Pen. The single currency reached its highest mark since November on Mr. Macron’s win, but the gains […]






Euro (€) Trading & The Election

Euro (€) Trading & The Election






Euro (€) Trading & The Election Voting is under way in the final round of France’s presidential race after a massive online dump of front runner Emmanuel Macron’s campaign data delivered a final dramatic twist to the country’s most bruising, divisive and significant election in decades. The Brexit spotlight swung last week away from the […]






Australian Dollar (A$) To Struggle as Commodities Falter

Australian Dollar (A$) To Struggle as Commodities Falter






Australian Dollar (A$) To Struggle as Commodities Falter The Australian economy is not doing badly But the Aussie Dollar is unable to reap much benefit Interest-rate differentials and weaker commodity prices are weighing it down Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, […]






Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price

Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price






Malaysian Ringgit (MYR) Rebound on Higher Crude Oil Price Global funds have poured US$485 million (RM2.1 billion) into Malaysian stocks and US$198 million into the Philippines since the end of March as the countries’ currencies strengthened 2% and 0.5%, respectively. That’s a dramatic turnaround considering both declined more than 4% in 2016 and hit decade […]






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish

Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish






Indonesian Rupiah (IDR) ⇨ US Dollar ($) (IDRUSD) Bullish Recently, the Indonesian government altered regulations to allow more foreign investment in the sector. Indonesia’s investment service agency only recently allowed 100-percent foreign ownership for investments above 100 billion Indonesian rupiah ($7.53 million) for the establishment of an e-commerce company in the country. The rupiah was […]






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish

Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish






Thai Baht (THB) ⇨ US Dollar ($) (THBUSD) Bullish Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.92. The projected lower bound is: 34.39. The projected closing price is: 34.66. Candlesticks A white body occurred (because prices closed higher than they […]






Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)






Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD) China’s yuan was steady against the US dollar on Friday, with sentiment improving on firmer signals from the authorities and as investors trimmed bearish bets on the Chinese currency. The People’s Bank of China set the midpoint rate at 6.8884 per US dollar prior to market […]






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement

Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement






Japanese Yen (¥) ⇨ US Dollar ($) (JPYUSD) Showing Little Movement Even though the Dollar is deemed to depreciate in the long run, it may remain strong for the time being. Meanwhile, the Bank of Japan does not seem to have any intention to change its negative rate policy. Combining the above with technical reasons, […]






British Pound (£) ⇨ US Dollar ($) Trading Brexit

British Pound (£) ⇨ US Dollar ($) Trading Brexit






British Pound (£) ⇨ US Dollar ($) Trading Brexit Brexit seems to be improving the UK economy and the outlook for the gbp. despite various EU threats and tantrums Brexit has proven to be a winner. Overall, the bias in prices is:___Upwards. Short term:______________ Prices are moving. Intermediate term:_________Prices are trending. By the way, prices […]






Emmanuel Macron the Oedipus of World Politics

Emmanuel Macron the Oedipus of World Politics






Emmanuel Macron the Oedipus of World Politics The story of Oedipus is the subject of Sophocles’ tragedy Oedipus Rex, which was followed by Oedipus at Colonus and then Antigone. Together, these plays make up Sophocles’ three Theban plays. Oedipus represents two enduring themes of Greek myth and drama: the flawed nature of humanity and an […]






BREXIT – Latest News

BREXIT – Latest News






BREXIT – Latest News Highlights The chief executive of Goldman Sachs has warned that London’s financial centre will “stall” due to the turmoil of the Brexit process. EU will be a smaller continent, economies will shrink accordingly, and Europe will face a demographic crisis. EU leaders have suggested that the Brexit bill would simply be […]






Asian Market Points to Lower Open on Wall Street

Asian Market Points to Lower Open on Wall Street






Asian Market Points to Lower Open on Wall Street Asian stock markets slipped and the dollar held its ground today after the US Federal Reserve’s latest assessment of the U.S. economy reinforced expectations for more interest rate increases later this year. European shares rose after an index of economic activity rose to a six-year high. […]






Euro (€) ⇨ US Dollar ($) (EURUSD) 100 Billion Demand Dismissed

Euro (€) ⇨ US Dollar ($) (EURUSD) 100 Billion Demand Dismissed






Euro (€) ⇨ US Dollar ($) (EURUSD) 100 Billion Demand Dismissed Highlights The Euro Pound (EUR GBP) exchange rate briefly spiked this morning following reports that the UK would have to foot a €100bn ‘divorce’ bill for leaving the EU. EU’s chief negotiator dismisses 100 billion euro Brexit demand. European union leaders anonymously approved to […]






British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit Divorce Bill

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit Divorce Bill






British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit Forecast Brexit is a commonly used term for the United Kingdom’s planned withdrawal from the European Union. Following the 2016 referendum vote to leave, the UK government started the withdrawal process on 29 March 2017, putting the UK on course to leave by April 2019. The […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The markets await the FOMC comments today and the US jobs data Friday to provide clues for the near term direction of USD. EUR and GBP remain the strongest majors with further Northside possibilities seen. PE Either the US Dollar (.DXY) Index at 98.93 or […]






VIX (NYSEArca:VXX) Marks 10 yr Lows

VIX (NYSEArca:VXX) Marks 10 yr Lows






VIX (NYSEArca:VXX) Marks 10 yr Lows $VXX, $AUDUSD, $JPY, $EUR, $GBP After returning from the long May Day weekend, equity investors look undecided on whether to be Bullish or Bearish. Stocks across Asian markets were mixed Tuesday despite the CBOE Volatility Index (VIX), Wall Street’s ‘Fear Factor’  hitting its lowest marks in a decade. The low volatility was reflected […]






Max Keiser and Stacy Herbert: The Fed and the Future

Max Keiser and Stacy Herbert: The Fed and the Future






Max Keiser and Stacy Herbert: The Fed and the Future Max and Stacy discuss the Fed’s balance sheet and whether or . . . NOT . . . it’s ready to save us all from the next recession. Max continues his interview with Dan Collins of TheChinaMoneyReport.com about China’s booming tech sector. They also discuss […]






British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound

British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound






British Pound (£) ⇨ US Dollar ($) (GBPUSD) Brexit and the Pound Highlights Several markets across Asia and Europe were closed for the May Day holiday. Tokyo markets will be closed for three days from Wednesday for a string of holidays known as Golden Week, and many investors take additional time off. May has said […]






China Data Shows Expansion

China Data Shows Expansion






Most of the headlines today are focused on a shrinking rate of growth in China’s manufacturing sector, the reality is it is continuing to expand. China’s economy grew a faster-than-expected 6.9 percent in the first quarter, boosted by higher government infrastructure spending and the nation’s gravity-defying property boom. But growth is expected to slow as […]






British Pound (£) Weakens From Euro-zone Inflation Jump

British Pound (£) Weakens From Euro-zone Inflation Jump






British Pound (£) Weakens From Euro-zone Inflation Jump Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 1.26. The projected upper bound is: 1.32. The projected lower […]






Japanese Yen (¥) Has Broken Higher By Nearly 4%

Japanese Yen (¥) Has Broken Higher By Nearly 4%






Japanese Yen (¥) Has Broken Higher By Nearly 4% Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 113.13. The projected lower bound is: 109.88. The projected closing price is: 111.50. Candlesticks A white body occurred (because prices closed higher than they […]






Chinese Yuan (CN¥) Weakening

Chinese Yuan (CN¥) Weakening






Chinese Yuan (CN¥) Weakening Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.91. The projected lower bound is: 6.87. The projected closing price is: 6.89. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 […]






Thai Baht (THB) Closed Down -0.010 at 34.580

Thai Baht (THB) Closed Down -0.010 at  34.580






Thai Baht (THB) Closed Down -0.010 at 34.580 Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.83. The projected lower bound is: 34.31. The projected closing price is: 34.57. Candlesticks A white body occurred (because prices closed higher than they opened). […]






Indonesian Rupiah (IDR) Volatility Extremely High

Indonesian Rupiah (IDR) Volatility Extremely High






Indonesian Rupiah (IDR) Volatility Extremely High Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 13,378.61. The projected lower bound is: 13,275.27. The projected closing price is: 13,326.94. Candlesticks A white body occurred (because prices closed higher than they opened). During the […]






Malaysian Ringgit (MYR) Busy Start

Malaysian Ringgit (MYR) Busy Start






Malaysian Ringgit (MYR) Busy Start Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 4.41. The projected upper bound is: 4.36. The projected lower bound is: 4.32. The projected closing price is: 4.34. Candlesticks A black body […]






Australian Dollar (A$) ⇨ US Dollar ($) Struggles

Australian Dollar (A$) ⇨ US Dollar ($) Struggles






Australian Dollar (A$) ⇨ US Dollar ($) Struggles Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.75. The projected upper bound is: 0.76. The projected lower bound is: 0.74. The projected closing price is: 0.75. Candlesticks […]






Euro (€) ⇨ US Dollar ($) Technical Analysis Stable

Euro (€) ⇨ US Dollar ($) Technical Analysis Stable






Euro (€) ⇨ US Dollar ($) Technical Analysis Stable Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.07. The projected upper bound is: 1.11. The projected lower bound is: 1.08. The projected closing price is: 1.09. […]






Technical Analysis For The Singapore Dollar (SGD)

Technical Analysis For The Singapore Dollar (SGD)






Technical Analysis For The Singapore Dollar (SGD) Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.41. The projected lower bound is: 1.38. The projected closing price is: 1.40. Candlesticks A white body occurred (because prices closed higher than they opened). During […]






Japanese Yen (¥) Volatility Decreasing and Prices Will Stabilizing

Japanese Yen (¥) Volatility Decreasing and Prices Will Stabilizing






Japanese Yen (¥) Volatility Decreasing and Prices Will Stabilizing Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 111.28. The projected upper bound is: 113.39. The projected lower bound is: 110.01. The projected closing price is: 111.70. […]






Chinese Yuan (CN¥) Drops Under US Dollar ($)

Chinese Yuan (CN¥) Drops Under US Dollar ($)






Chinese Yuan (CN¥) Drops Under US Dollar ($) Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.92. The projected lower bound is: 6.87. The projected closing price is: 6.89. Candlesticks A big white candle occurred. This is generally considered bullish, as […]






Thai Baht (THB) Technical Analysis

Thai Baht (THB) Technical Analysis






Thai Baht (THB) Technical Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 34.74. The projected lower bound is: 34.22. The projected closing price is: 34.48. Candlesticks A white body occurred (because prices closed higher than they opened). During the past […]






Indonesian Rupiah (IDR) Volatility Extremely High

Indonesian Rupiah (IDR) Volatility Extremely High






Indonesian Rupiah (IDR) Volatility Extremely High Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 13,327.13. The projected upper bound is: 13,332.46. The projected lower bound is: 13,231.74. The projected closing price is: 13,282.10. Candlesticks A white […]






Malaysian Ringgit (MYR) Oversold

Malaysian Ringgit (MYR) Oversold






Malaysian Ringgit (MYR) Oversold Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 4.42. The projected upper bound is: 4.37. The projected lower bound is: 4.32. The projected closing price is: 4.34. Candlesticks A big black candle […]






Singapore Dollar (SGD) ⇨ US Dollar ($) To Rise To 1.53 In March 2018

Singapore Dollar (SGD) ⇨ US Dollar ($) To Rise To 1.53 In March 2018






Singapore Dollar (SGD) ⇨ US Dollar ($) To Rise To 1.53 In March 2018 Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 1.41. The projected lower bound is: 1.39. The projected closing price is: 1.40. Candlesticks A white body occurred (because […]






Australian Dollar (A$) Goes Under US Dollar ($)

Australian Dollar (A$) Goes Under US Dollar ($)






Australian Dollar (A$) Goes Under US Dollar ($) Overall, the bias in prices is: Downwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 0.75. The projected upper bound is: 0.76. The projected lower bound is: 0.73. The projected closing price is: 0.75. Candlesticks […]






Euro (€) To Gain Ground VS The Dollar

Euro (€) To Gain Ground VS The Dollar






Euro (€) To Gain Ground Versus The Dollar Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.07. The projected upper bound is: 1.10. The projected lower bound is: 1.07. The projected closing price is: 1.09. Candlesticks […]






Forex Morning Briefing, Major Pairs

Forex Morning Briefing, Major Pairs






Forex Morning Briefing, Major Pairs $DXY, $EUR, $JPY, $GBP, $AUD Commentary: The financial markets wait for US President Trump to introduce a new tax plan Wednesday, cutting the corporate tax to 15% from the existing 35%. Also the BOJ and ECB meet Thursday can play a Key role. PE USD: My expectations of a major reversal […]






Euro (€) ⇨ US Dollar ($) To Reach 1.20

Euro (€) ⇨ US Dollar ($) To Reach 1.20






Euro (€) ⇨ US Dollar ($) To Reach 1.20 Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 1.07. The projected upper bound is: 1.11. The projected lower bound is: 1.08. The projected closing price is: 1.09. […]






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