Far too many Forex traders make the mistake of not thinking about what they are trading beyond price fluctuations on a screen. While it is true in trading that price is king and also that prices are n...
Silver prices have given up a bit more than 4% from last week’s high of $15.97 as the increased risk-appetite lowers the demand for safe haven assets like silver. On the flip side, the S&P 500...
Few can resist gold’s allure. Its attributes — including malleability, resistance to corrosion and tarnishing, and of course its shimmer — make it ideal for all kind of jewelries. Howeve...
The following data cover the latest from the CFTC’s Commitment of Traders as reported by Oanda from the week of from Monday, February 8, 2016. From Oanada: “The Commitments of Traders (COT) is a...
This is the image run by USA Today showing how quickly the general public assumes long-term changes in trend are at hand. The general headlines said the public lost confidence in the central banks....
USD/JPY The USD/JPY pair initially fell during the course of the day, but found enough support below to turn things back around and form a nice-looking hammer. The hammer of course is a bullish sign a...
The Eurozone’s economic growth was sluggish in the fourth quarter of 2015, posting a weak 0.3% growth for the secondquarter in a row. While it did match analysts’ forecast of 1.5% growth on the...
Here is a closer look at the retracement of gold we have seen as of this morning. While the US markets are closed for Presidents’ Day, the rest of the world is open for business. I will be other...
When it comes to geopolitics, all anyone wants to talk about is Syria. And understandably so. When it comes to financial markets, all anyone wants to talk about is China – an equally understanda...
Experts Agree: It Is Not 2008 If someone were to ask us what year it was, we would probably politely answer that it was 2016, curious to find out whether the inquirer was a) very confused, b) had on...