Resource Investor

The coming week, starting Monday, July 16, should present more sideways markets than breakouts, although gold and the Eurodollar currently (as of Friday morning on July 13) have pivots with breakout lower setups. Of course, the Eurodollar extreme candle reversal up signal and the gold moving average supports on multiple time frames with bullish candlestick […]

If you were just to look at the where the major currencies are trading relative to yesterday’s US close, you’d think it’s been a pretty quiet day; after all, none of the majors are trading more than 0.3% from the day’s open as of writing. However, that apparent tranquility is masking some big moves (and

The S&P 500 closed at the highest level since Feb. 1 for the second time this week and extended gains overnight, this is surely a breakout isn’t it? Not so fast, we will discuss this in the technical section below. Global equity markets are all higher and being led by the Nikkei, which is up

The biggest themes in the markets this week can be summarized as: U.S. dollar strength; weakness in foreign currencies – particularly where the central bank is still dovish such as the Japanese yen and Swiss franc; and positive sentiment in the markets. …read more From:: Resource Investor

Investors were placed on an emotional rollercoaster ride this week as trade tensions between the United States and China intensified. The Trump Administration’s latest threats to impose tariffs on an additional $200 billion of Chinese goods initially dealt a blow to global sentiment, rekindled jitters and sparked risk aversion. …read more From:: Resource Investor

Expect more crude oil price volatility as the global oil market can flip from a global supply surplus to a global supply deficit at the drop of a hat. The market is trying to assess whether more sources of oil will get us to the point where daily global oil production is once again ahead

Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Wednesday, July 11, 2018. …read more From:: Resource Investor

A daily summary of high-profile members of several complexes. …read more From:: Resource Investor

The unwavering uptrend in stocks in the last few years may be seeing disruption with the return of volatility in 2018. Institutional and retail investors are looking for various gauges to measure the effect of volatility and how that’s trending in the coming quarters. Most analysts think there may be more upside and opportunities to

Global equity markets are back in the green this morning and cueing off a softer trade rhetoric from China. The market is focused on China’s response to the White House’s third wave of tariffs worth $200 billion and ultimately, as we pointed out here yesterday, China only imported $130 billion of U.S. goods in 2017.