• GBP/USD Could Rally Now then Crash into February 2017

    GBP/USD continues to trade near long term support so trading focus is higher but realize that any rally could lead to a crash into early 2017 given the 96 month (8 year) cycle low count.
  • EUR/USD: the pair continues to decline

    Forex analytics: The USD continues to strengthen in the currency market today amid increased expectations of the market participants of the monetary policy tightening by the US fed in April. Feasibility of adopting such decision was shown by some executives of the US central bank. President of the US fed in St. Louis, Mr. James Bullard said yesterday in the interview with Bloomberg Television, that there are some ...
  • USD/СAD: Wave analysis and forecast

    Forex analytics: USD/СAD: Wave analysis and forecast for 25.03 –01.04: The pair is likely to grow. Estimated pivot point is at the level of 1.2914. Our opinion: Buy the pair from correction above the level of 1.2914 with the target of 1.38. Alternative scenario: Breakdown and consolidation of the price below the level of 1.2914 will enable the pair to continue decline to 1.2658. Analysis: Presumably, the ...
  • Key Few Weeks for Silver Coming Up

    Silver fails at near-term resistance, Longer-term technical dynamics remain positive.
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  • AUD/USD: This week will be closed downwards

    Forex analytics: Several concurring events have halted the rise in the Australian dollar and it seems that the pair AUD/USD will conclude this week with the decline. Recent comments of the US Fed representative indicating of possibility of interest rate increase in April will boost short-term rise in the USD, which may continue until the meeting of the US fed on 27 April. Strengthening in the USD against ...
  • EUR/USD: meanwhile, the target is at the level of 1.1100

    Forex analytics: In the previous analysis we gave the following recommendations: (Sell Stop 1.1230. Stop-Loss 1.1270. Targets: 1.1100,1.1050, 1.0870, 1.0750) and indicated that the pair EUR/USD had rebounded from the upper limit of the ascending channel and declined to support level of 1.1100 (lower limit of the channel, ЕМА144, ЕМА200). The signal to sell was done however the targets have not been reached ...
  • China securities regulator to investigate new types of grey margin finance

    China securities regulator to investigate new types of grey margin finance
    SHANGHAI (Reuters) - China's securities regulator said it will investigate increasing incidence of new types of "grey market" margin finance in the stock market, according to a statement on its offici...
  • Netflix admits to downgrading video quality on AT&T, Verizon phones: WSJ

    (Reuters) – Netflix Inc said it had been lowering the quality of its video for customers watching its service on wireless networks such as AT&T and Verizon Communications for more than five years, The Wall Street Journal reported on Thursday. The company also said that it does not downgrade videos for T-Mobile US Inc and Sprint Corp users because they had “more consumer friendly policies,” the Journal added. In response to requests for comment, Netflix said it had posted a
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  • Sharp warns on earnings as takeover talks with Foxconn drag on

    TOKYO (Reuters) – Sharp Corp said its annual earnings were likely to fall short of its official guidance citing a slowing China market, a factor that Taiwan’s Foxconn is expected to use to lower its offer for the loss-making Japanese display maker.The statement was in response to a report by the Yomiuri newspaper on Friday that Sharp could book an operating loss of “tens of billions of yen” for the year ending this month, mirroring a Reuters report earlier this week.
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  • Netflix admits to downgrading video quality on AT&T, Verizon phones – WSJ

    (Reuters) – Netflix Inc said it had been lowering the quality of its video for customers watching its service on wireless networks such as AT&T and Verizon Communications for more than five years, The Wall Street Journal reported on Thursday. The Journal quoted Netflix as saying it had limited its videos to most wireless carriers across the globe, capping them at 600 kiliobits-per-second, to “protect consumers from exceeding mobile data caps.” (https://bit.ly/1UPgJTv) The

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