Search Results for: Trading
S&P500 Undergoing a Bearish Reversal
November 15th, 2017
S&P500 has turned down from 2596 level where we see a top formation of a wave five after an Elliott wave ending diagonal since end of October. That’s a reversal pattern which normally sends prices back to the start ...
FCA UK Warns About Investing In Cryptocurrency CFDs
November 15th, 2017
The Financial Conduct Authority, the conduct and prudential regulator for financial services firms and financial markets in the UK, has issued a warning to inform public and investors in relation to the risks of investing in cryptocurrency CFDs. Contracts ...
Bitcoin’s value rose $10 billion in just 12 hours after a dramatic sell-off
November 14th, 2017
Bitcoin rallied more than 11 percent in just over half a day on Monday, following a dramatic plunge in the cryptocurrency over the weekend. The digital currency started trading at $5,857.32 on Monday and rose nearly 15.6 percent to ...
The yen was flat, euro was little changed; Equity markets in Asia were steady
November 14th, 2017
Equity markets in Asia were steady as investors awaited clues on monetary policy from heads of some major central banks and kept an eye on U.S. tax reform developments. Bond yields held recent advances. Japan’s Nikkei 225 Stock Average ...
Moscow Exchange introduces new index calculation methodology
November 13th, 2017
The Moscow Exchange has issued a press release to inform that on 10 November 2017 the Central Bank of the Russian Federation registered a revised methodology for the calculation of Moscow Exchange’s indices. The new methodology increases liquidity requirements ...
EURUSD Still Looking Lower, Towards 1.1450/1.1500 Region
November 13th, 2017
EURUSD has turned lower in the last few weeks and it appears that there is more weakness ahead within wave 3)/C), towards 1.1450/1.1500 region. Reason for more downside is a five wave structure that should unfold from 1.1877 swing ...
A review of the main moves in Stocks, Currencies, Bonds and Commodities
November 13th, 2017
Equities in Asia put in a mixed start to the week as investors sought fresh catalysts after last week’s run to record highs. The British pound took a hit as pressure mounts on U.K. Prime Minister Theresa May after ...
IS USD Index Going Up or Down?
November 10th, 2017
On the daily chart of USD Index we see price looking bearish. We can see that price since January 2017 unfolded and completed three bearish waves. Well we know that an impulse must contain five-wave for a completed pattern, ...
MiFID II: ESMA Consults On Systematic Internalisers’ Quote Rules
November 10th, 2017
The European Securities and Markets Authority (ESMA) has opened a public consultation on a proposed amendment to the Regulatory Technical Standard (RTS 1) which details the implementation of the Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). ...
Global Growth Buoys Earnings As Third Quarter Fuels Europe, U.S. Equity Boom
November 10th, 2017
European and U.S. firms are reaping the benefits of a global economic expansion that is finally blooming into meaningful earnings growth and looks set to extend an equity boom through the current quarter. While the third quarter of each ...
