UAE Evaluates New Rain Enhancement Proposals

UAE Evaluates New Rain Enhancement Proposals






UAE Evaluates New Rain Enhancement Proposals The country drew international attention earlier this year after funding a study to boost rainfall with a man-made mountain  The UAE has warned the cutoff deadline for proposals for the 2nd cycle of its rain enhancement program is fast approaching. The program, which began in Y 2015, is designed […]






Dow Jones Industrial Average (INDEXDJX:.DJI) HEFFX Technicals

Dow Jones Industrial Average (INDEXDJX:.DJI) HEFFX Technicals






Dow Jones Industrial Average (INDEXDJX:.DJI) HEFFX Technicals Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 19,011.91. The projected lower bound is: 18,170.54. The projected closing price is: 18,591.23. DJ INDU AVERAGE closed down -37.049 at 18,576.471. Volume was 35% below average […]






Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)






Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI US stocks finished lower Tuesday as Brexit concerns resurfaced following Bank of England’s Financial Stability Report, while disappointing US factory orders and a 4.7% dive in Crude Oil prices added further pressure to equities. The DJIA lost 108 pts, or 0.61% to close at 17,840. The S&P […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: After the market spent 3 days digesting the result of the UK referendum, BOE’s Governor Mark Carney woke up Brexit’s Demons by stating that “monetary policy easing will likely be required over the Summer.” High yielder’s were generally firmer across the board, with the EURUSD advancing to 1.1154, and […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD traded softer Vs its 10 currency peers Wednesday. As Brexit panic faded, stocks rose worldwide, and commodities gained on broad USD’s weakness. The Fx market has continued trading on sentiment, following the positive mood of Asian trading, and paying little attention to macro-economic data reports. The EU […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Safe havens eased, giving high yielding currencies a bounce Tuesday. The matter is hanging like the Sword of Damocles’ above the financial world. Asian shares closed mixed, European shares opened sharply higher and held on to sharp gains throughout the day. On the macro-economic front Germany released import and […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Liquidity dove and major pairs were confined to their early week’s ranges, as uncertainty reached new highs ahead of the upcoming Brexit referendum. A day before the UK finally votes, a couple of polls showed a small advantage of the “leave” side, pushing Wall Street into the Red, […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The financial world is still focused on the Brexit referendum Thursday, with mixed results coming from polls marginally favoring the remain side, and keeping risk sentiment on. Generally speaking, high yielder’s end up gaining Vs the Buck, while safe haven assets fell, although the EURUSD fell to 1.1242, and […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Markets were rollercoaster’ing Thursday, as adding to 4 Central Banks´ decisions in less than 24 hours, there were rumors pointing to a suspension of the Brexit referendum, after British Parliamentarian Jo Cox was shot dead in the street. PM David Cameron suspended the campaign activity for next week’s referendum […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Forex markets were thin at the beginning of the day, with the USD easing alongside with risk averse sentiment, and the single currency recovering up to 1.1244, ahead of the US FOMC meeting policy announcement. Once again, the Fed delayed a rate hike, and the USD dove Vs […]






Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)






Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street fell for a 4rd day running, as investors continue to run from equities and rushed into safe havens asset due to a negative mood triggered by increasing Brexit fears persisted all through this Tuesday. Wall Street edged lower, although US indexes trimmed half of their daily […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD rose Vs most of its peers, but not those considered safe havens, CHF and JPY, as market’s negative mood prevailed. The EUR and the GBP suffered, with EUR down towards 1.1200, about  50 pips away from the pre-US NFPs report which triggered these last days’ Bullish run, […]






Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)






Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wall Street fell for a 3rd day running, as investors continue to run from equities and rushed into safe havens assets. DJIA -132.86 at 17732.48, NAS Comp -46.11 at 4848.44, S&P 500 -17.01 at 2079.06 US stocks bowed to the risk averse environment generated by renewed fears about Brexit, falling […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Risk aversion took over the financial world Thursday, with stocks weakening, treasury yields reaching multi-month lows and Gold rallying to a 3 wk high. The catalyst beyond this sudden change in market’s sentiment was Chinese inflation data, up by 2.0% yearly basis, missing expectations of a 2.2% gainer and […]






EURUSD Technical Outlook (Daily)

EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The EURUSD pair traded flat for a 2nd day running, stuck around the 50% Fibo retracement of its May decline, the price zone reached after the grim US NFPs report put the Buck in selloff mode. Tuesday, the pair held within Monday’s range, as a thin economic calendar did […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The USD was/is under selling pressure, on decreasing expectations of a Fed rate hike this month, following another round of US disapointing data. The Markit Manufacturing PMI for May came in at 50.7, above the previously estimated 50.5, but down from 50.8 in April, pointing to the weakest manufacturing performance […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Month-end fixing alongside with poor US data sent the Buck lower across the board at the beginning of the US session, although the pair remained limited below 1.1200 end the day about unchanged, at the 1.1130/40 area. At the close of trading the USD was mixed to higher across […]






Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)






Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wednesday, US stocks rallied on the back of Crude Oil’s strength, with the DJIA adding 145 pts to close at 17,851.51. The NAS Comp advanced 33 pts to end at 4,894.89, and the S&P added 0.70% to 2,090.54. Risk appetite on dominated markets from the start of […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: After a quiet start of the day, the USD lost steam after Wall Street’s Wednesday opening, to close the day generally lower across the board. The single currency remained under pressure, as the EURUSD’s intra-day recovery stalled at 1.1165. On the data front Germany released a couple of confidence […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD Friday, EURUSD closed in the Red for a 3rd week running, with the Buck driven North by FOMC’s Mins pointing for a soon-to-come rate hike in the US. This week will be busy on the macro-economic front, with preliminary PMI readings for the month of May in the EU quick […]






Thursday’s Technical Outlook for DJIA (.DJI)

Thursday’s Technical Outlook for DJIA (.DJI)






Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street closed mostly flat Wednesday, with the DJIA up down by 4 pts or 0.02% at 17,526.62. The NAS Comp added 0.50% to close at 4.739.12, and the S&P 500 added 0.2%, to 2,047.63. Stocks fell after the release of the latest FOMC Mins, showing higher […]






Wednesday’s Technical Outlook for DJIA (.DJI)

Wednesday’s Technical Outlook for DJIA (.DJI)






Wednesday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI The Wall Street rollercoaster was full on Tuesday, as all 3 US major stock market indexes reversed Monday’s gains. The DJIA fell 180 pts to close at 17,529.90, the NAS Comp fell 1.25%, to 4,715.72 and the S&P 500 shed 0.94% to finish at 2,047.21. Wall Street was […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: Trading was erratic around the single currency Tuesday confined to a 50 pips’ range. The Buck closed lower across the board, as an uptick in US inflation was not enough to dispel doubts over the next Fed’s rate hike. US headline inflation rose from 0.9% Y-Y to 1.1% Y-Y […]






Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)






Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street rallied strongly Monday but finished off its highs, with the DJIA + 175 pts to finished at 17,710.71, led by a 3% gainer in Crude Oil, underpinning the energy related sector. The NAS Comp advanced 1.22% to finish at 5,775.56, and the S&P 500 gained […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The single currency advanced modestly Vs the Buck Monday. Many European markets were close due to the Whit Monday holiday, leading to limited price action during the London session, situation that extended into the US one. Tuesday the US will release its April inflation figures, expected to advance due […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: the USD closed last week with gainers Vs most of its peers, getting a boost Friday from some better-than-expected economic data. The improved technical tone of the Buck is not enough to confirm that the US currency will keep rallying, particularly due to the high levels of uncertainty […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The EURUSD finished sharply lower for the 3rd session running, falling to 1.1385 before settling at 1.1400. Japan will resume activity after a 3 day holiday, although the reaction may be limited ahead of the release of the US NFPs (Nonfarm Payrolls) report early Friday. Data has been mixed […]






Tuesday’s Technical Outlook for the DJIA (.DIA)

Tuesday’s Technical Outlook for the DJIA (.DIA)






Tuesday’s Technical Outlook for the DJIA (.DIA) $DIA, $.DJI US stocks closed higher Monday led by tech stocks that bounced after last week’s losses. But Apple’s stocks ended 0.1% lower, posting the 8th straight loss in a row, the longest losing streak since July 1998 finishing at: The DJIA rose 117 pts, or 0.66%, to […]






EUR/USD Technical Outlook (Daily)






EUR/USD Technical Outlook (Daily) Euro $EURUSD The USD Bearish trend extended to fresh lows at the beginning of May, down against all of its peers. The EURUSD advanced up to 1.1534, a mark last seen in August 2015 when Chinese Black Monday sent the USD sharply hundred of pips lower across the board. In the […]






Tuesday’s Technical Outlook for DJIA (.DJI)

Tuesday’s Technical Outlook for DJIA (.DJI)






Tuesday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI US stocks finished lower Monday following a round of so-so earnings reports. The DJIA fell 26 pots, or – 0.15%, to 17,977.24. The S&P 500 fell 3 pts, or -0.18%, to 2,087.79, the NAS Comp lost 10 pts, or -0.21%, to 4,895.79. The DJIA fell as low […]






Tuesday’s Technical Outlook For Gold (GLD)

Tuesday’s Technical Outlook For Gold (GLD)






Tuesday’s Technical Outlook For Gold (GLD) $GLD Spot Gold marked a modest gain Monday to 1,242.23 before settling at 1,237.00 oz, as broad dollar’s weakness and stocks soft tone supported demand for the safe-haven asset. Trading was light ahead of the FOMCs meeting Tuesday and Wednesday. The precious Yellow metal is set to consolidate in […]






Technical Analysis for EURUSD (Daily)






Technical Analysis for EURUSD (Daily) Euro $EURUSD EUR/USD The USD closed the week with a firm tone against most of its peers, mostly weighed by the nonevent that was the ECB meeting. The EURUSD pair closed the week a couple of pips above the 38.2% Fibo retracement of its latest Bullish run between 1.0821 and […]