We can see that the green uptrend line has been penetrated previously on this decline. Nevertheless, the euro is unable to rally beyond that 116 level where it...
COMMENT: Soros has been long gold and sold all his stocks. He made a fortune. REPLY: No professional trader tells people what he will do in advance. Those...
While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse...
This is what happens in a panic. Dealers step back and spreads widen. Sell and buy orders at the market are simply filled as they come in. It appears the bookies...
Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow...
COMMENT: Marty; Nobody paid any attention to BREXIT but you. Now Everyone is talking about how it will be a big deal for the world economy. Guess they took the...
Based on the fact that the majority of big money trades fundamentally, we should expect the overall trend of the euro to rally against the pound. We can see that...
As the BREXIT vote nears, capital is starting to jockey for position. The euro has made an outside reversal far to the downside on a daily basis, and it is now...
Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is...
The job market collapsed in May, and on Friday the Labor Department reported that the nation’s economy added only 38,000 jobs. The experts were expecting a modest...
