Ferrari (NYSE:RACE) Formula 1 Team’s New Tech Line-up Working

Ferrari (NYSE:RACE) Formula 1 Team’s New Tech Line-up Working






Ferrari (NYSE:RACE) Formula 1 Team’s New Tech Line-up Working $RACE Maurizio Arrivabene, The Scuderia’s Team leader believes the action he has taken to turn its fortunes around is working after an improved showing in the last 2 Grands Prix. Since James Allison departed as technical director in July, with engine chief Mattia Binotto taking over […]






HEFFX Singapore Dollar Outlook

HEFFX Singapore Dollar Outlook






HEFFX Singapore Dollar Outlook Singapore Dollar closed down -0.000 at 1.358. Volume was 90% below average (consolidating) and Bollinger Bands were 40% narrower than normal. Open High Low Close Volume___ 1.358 1.359 1.356 1.358 2,166 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.35 1.36 1.38 […]






HEFFX Chinese Yuan (CN¥) Trading Outlook

HEFFX Chinese Yuan (CN¥) Trading Outlook






HEFFX Chinese Yuan (CN¥) Trading Outlook FOREX CNY= closed up 0.002 at 6.678. Volume was 21% below average (neutral) and Bollinger Bands were 21% narrower than normal. Open High Low Close Volume___ 6.682 6.683 6.676 6.678 2,338 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 6.68 […]






China News: CNY Headed Towards 7

China News: CNY Headed Towards 7






China News: CNY Headed Towards 7 FOREX CNY= closed up 0.006 at 6.687. Volume was 2% below average (neutral) and Bollinger Bands were 90% wider than normal. Open High Low Close Volume___ 6.680 6.687 6.679 6.687 2,771 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 6.68 […]






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook

US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook FOREX JPY= closed down -0.280 at 104.450. Volume was 87% below average (consolidating) and Bollinger Bands were 54% wider than normal. Open High Low Close Volume___ 104.730 104.850 104.400 104.450 8,472 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period […]






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Trading Outlook

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Trading Outlook






Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators. Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas […]






Gold and WTI Crude Oil Technical’s (Weekly)

Gold and WTI Crude Oil Technical’s (Weekly)






Gold and WTI Crude Oil Technical’s (Weekly) $GLD, $USO Spot Gold finished sharply higher for a 2nd week running, closing at 1,274.40 oz, as risk aversion helped the precious Yellow metal to resume its Bullish trend from earlier this year. Risk aversion, prompted by China and the UK, underpinned the commodity, alongside with the Uturn […]






FX News: US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY)

FX News: US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY)






FX News: US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Shayne Heffernan takes a look at Yen trading this week FOREX JPY= closed down -0.120 at 106.960. Volume was 3% above average (neutral) and Bollinger Bands were 4% narrower than normal. Open High Low Close Volume___ 107.060 107.250 106.530 106.960 69,906 Technical Outlook Short Term: […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The currency pair traded uneventfully around its Friday’s high for most of Monday extending its gains up to 1.1392 during the American session, following US Fed’s Yellen hawkish words on a speech over current conditions and the outlook for the US economy in Philadelphia, in where she acknowledged the […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD EURUSD: The US monthly NFP’s released last Friday, cast doubts over the possibility of a US rate hike this Summer, triggering a Buck selloff. The world’s largest economy added just 38,000 meaning no jobs, new jobs last May, and March, April saw Southside revisions of 59-K. The unemployment rate fell […]






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook

US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook






US Dollar ($) ⇨ Japanese Yen (¥) (USDJPY) Trading Outlook FOREX JPY= closed down -2.340 at 106.510. Volume was 19% above average (neutral) and Bollinger Bands were 31% narrower than normal. Open High Low Close Volume___ 108.860 109.130 106.480 106.510 81,012 Technical Outlook Short Term: Oversold Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period […]






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

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






Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Outlook FOREX CNY= closed up 0.019 at 6.581. Volume was 11% above average (neutral) and Bollinger Bands were 39% wider than normal. Open High Low Close Volume___ 6.578 6.582 6.574 6.581 2,418 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period […]






Singapore Dollar Outlook

Singapore Dollar Outlook






Singapore Dollar closed up 0.006 at 1.379. Volume was 22% below average (neutral) and Bollinger Bands were 4% wider than normal. Open High Low Close Volume___ 1.373 1.380 1.372 1.379 19,337 Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 1.38 1.36 1.40 Volatility: 7 8 8 […]






Singapore Market Outlook: Straits Times Index

Singapore Market Outlook: Straits Times Index






Singapore Market Outlook: Straits Times Index STRAITS TIMES closed up 29.200 at 2,802.510. Volume was 23% below average (neutral) and Bollinger Bands were 56% narrower than normal. Open High Low Close Volume___ 2,782.0402,805.6302,778.2202,802.510 217,798,224 Technical Outlook Short Term: Overbought Intermediate Term: Bearish Long Term: Bearish Moving Averages: 10-period 50-period 200-period Close: 2,765.79 2,828.66 2,837.15 Volatility: […]






Friday’s Technical Outlook for DJIA (.DJI)

Friday’s Technical Outlook for DJIA (.DJI)






Friday’s Technical Outlook for DJIA (.DJI) $DIA, $.DJI Wall Street finished lower Thursday, as participants worried about the possibility of a soon-to-come Fed interest rate hike. The DJIA fell 91 pts but well off its LOD, and closed at 17,435.40, the NAS Comp lost 26 pts to end at 4,712.53, and the S&P 500 finished […]






EURUSD Technical Outlook (Daily)






EURUSD Technical Outlook (Daily) Euro $EURUSD The EURUSD traded uneventfully for a 2nd straight day, ending flat to unchanged around 1.1380. With no major macro-economic data on tap, speculators struggle to find a new direction for the pair, after it topped at 1.1615, and completed a 50% Fibo downward correction. Germany released disappointing Industrial Production data for […]






Gold and WTI Crude Oil Technical’s (Weekly)

Gold and WTI Crude Oil Technical’s (Weekly)






Gold and WTI Crude Oil Technical’s (Weekly) $GLD, $USO Spot Gold pared most of its weekly losses Friday to close the week at 1,289.00 oz, as slow jobs growth in the US weakened the case for a US rate hike during the US Fed’s upcoming June meeting. The precious Yellow metal is finding support on […]






Alibaba Group Holding Ltd (NYSE:BABA) Trading Update

Alibaba Group Holding Ltd (NYSE:BABA) Trading Update






Alibaba Group Holding Ltd (NYSE:BABA) Trading Update ALIBABA GRP ADR closed down -0.090 at 75.820. Volume was 74% below average (consolidating) and Bollinger Bands were 47% narrower than normal. Open High Low Close Volume___ 75.640 75.910 75.010 75.820 3,319,677 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period 200-period […]






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

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






Friday’s Technical Outlook for the DJIA (.DIA) $DIA, $.DJI US stocks finished sharply lower Thursday after data showed US GDP growth advanced at its slowest pace in 2 years and jobless claims rose more than expected. The DJIA lost 210 pts, or 1.17%, to close at 17,830.76, recording the biggest 1-day fall since 11 February […]






Thursday’s Technical Outlook for the DJIA (.DJI)

Thursday’s Technical Outlook for the DJIA (.DJI)






Thursday’s Technical Outlook for the DJIA (.DJI) $DIA, $DJI Thursday, US stocks ended the day sharply lower with the DJIA losing 113 points to close the day at 17,982.52, hit by poor earnings reports, and the fact that ECB’s Draghi ruled out “helicopter money” saying that policy makers have never considered start printing money. The Nasdaq […]






Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro $EURUSD EUR/USD Thursday, the market focus was the ECB and its economic policy meeting. As expected, the European Central Bank did not announce any new measures, centering on the implementation of the batch of policies announced last month. The USD turned South ahead of the event, and the EUR/USD […]






Thursday’s Technical Outlook for the DJIA (.DJI)

Thursday’s Technical Outlook for the DJIA (.DJI)






Thursday’s Technical Outlook for the DJIA (.DJI) $DIA, $DJI Wednesday, US stocks ended the day higher after the beginning of the earnings season reports showed some mixed results during Q-1 of this year. On the negative side, S&P 500 companies are expected to have lost 7.5% on average due to weak Crude Oil prices, CocaCola […]






Crude Oil Continues to Finds Ways to Strengthen

Crude Oil Continues to Finds Ways to Strengthen






Crude Oil Continues to Finds Ways to Strengthen $USO, $OIL Both Brent and WTI Crude Oil prices were volatile Wednesday, as Kuwait’s Oil workers put an end to the 3-day strike that had temporarily halved the country’s production. WTI Crude Oil futures fell down to 41.28, but reversed, as stockpiles shrank more than expected. According […]






Technical Analysis for EUR/USD (Daily)






Technical Analysis for EUR/USD (Daily) Euro EUR/USD Risk aversion led the way Monday, after Crude Oil producers failed to reach an agreement at the Doha meet. The single currency was unable to run and held below 1.1330, that the base of the range that contained price for much of the last 2 weeks. The EUR/USD […]