Archives
Technical Analysis: Indices – Dec 01
December 1st, 2014
Technical Analysis for December 01, 2014 SPX stopped its recent bull move and currently move lower to 2060 level. A lower movement under 2040 will send SPX back into the 2030-2050 trading range. Long term uptrend still strong but ...
Technical Analysis: Commodities – Dec 01
December 1st, 2014
Technical Analysis for December 01, 2014 XAU/USD moves lower under 1175 and targeting 1150. A lower attempt under 1130 will target 1100 back but currently market shows a very high risk for reversal as well. A higher movement to ...
Technical Analysis: Currency pairs – Dec 01
December 1st, 2014
Technical Analysis for December 01, 2014 EUR/USD is tried to target 1.25 but eventually retraced lower again. Currently EUR/USD is entering a sideways around 1.24-1.25 and will keep moving in this trading range. A break lower under 1.24 will ...
Dollar Advances as OPEC Output Freeze Seen Hurting Euro, Aussie
November 28th, 2014
The dollar strengthened on speculation lower crude prices after OPEC’s decision to keep oil output unchanged will stimulate the U.S. economy while weighing on the euro and currencies of commodity-producing nations. The greenback rose against all but one of ...
UK’s first Shari’ah-compliant Seed Enterprise Investment Scheme (SEIS)
November 28th, 2014
IFAAS, the international Islamic finance consultancy and Portillion Capital have launched the UK’s first Shariah compliant Seed Enterprise Investment Scheme fund. The Portillion Capital Shariah Compliant SEIS Fund (SEIS Fund) is available to investors immediately; however, the first tranche ...
Phase two of financial markets law completes long-term overhaul
November 28th, 2014
The second phase of New Zealand’s new capital markets and financial services law takes effect from Monday (1 December). Phase two includes licensing provisions that extend to several hundred further businesses, and a major shift in the quality of ...
Oil prices crash below $70
November 28th, 2014
Oil prices came crashing down Thursday to trade below $70 per barrel after OPEC announced it was leaving oil production levels unchanged. WTI crude trading in the U.S. fell by roughly 7% to just below $69 — a level ...
Technical Analysis: Indices – Nov 28
November 28th, 2014
Technical Analysis for November 28, 2014 SPX tried to break 2080 level but stopped at 2077 level. Next target for the higher movement will be 2100 but a lower leg to 2040 will send SPX back into the 2030-2050 ...
Technical Analysis: Commodities – Nov 28
November 28th, 2014
Technical Analysis for November 28, 2014 XAU/USD (GOLD) trying to move lower slowly after getting a price stability around 1199 level. Currently XAU/USD is trading around 1190 level and a lower target to 1175 will target 1150 next. A ...
Technical Analysis: Currency pairs – Nov 28
November 28th, 2014
Technical Analysis for November 28, 2014 EUR/USD is tried to target 1.26 after breaking 1.252 line but rebounce to 1.246. Next it will retest the 1.26 level again for the higher movement but a reversal under 1.24 will target ...
