I’m often asked how I manage to make a living out of trading. The truth is I don’t. I don’t make my living just out of trading, not all the time at least. One of the reasons I see people fail, and fail spectacularly, is that they invest all their time, resources and funds into […]
Continue ReadingWhat are the factors that are influencing crude oil prices? In fact, technically we cannot expect anything new. The markets beacame more than fimiliar with OPEC and its allies output reduction, and are now concerned in the trade woes and their impact on the global and Chinese demand for oil on one hand, and the […]
Continue ReadingDiscussing the technical outlook for Gold, S&P 500, Dollar index, EURUSD and GBPUSD Gold (Long Term): Technically, a Bullish reversal pattern had been activated with the breach of 1380, and the market reached the first target at 1520-1550, so the gold may retreat towards 1400 and then eventually continue its bullish trend, targeting […]
Continue Readingdiscussing the Bitcoin, EURUSD, GBPUSD, Oil, Gold, SPX and DAX outlooks
Continue ReadingKing dollar returns as investors flee euro, loonie Written by Marios Hajikyriacos, XM Investment Research -Dollar index soars to 2-year high as euro, commodity currencies suffer -BoC remains on hold but abandons rate-hike bias; loonie drops -BoJ commits to low rates until 2020 but yen snoozes ‘King dollar’ returns as euro and antipodeans lose their […]
Continue ReadingBoC may disappoint bears; US stocks hit records Written by Marios Hajikyriacos, XM Investment Research – Bank of Canada may not be as dovish as markets expect today – US stocks close at new record highs on blockbuster earnings – Dollar rallies amid demand for US equities – Aussie suffers after disappointing CPIs fuel rate-cut […]
Continue ReadingEarnings season fires up; aussie retreats Written by Marios Hajikyriacos, XM Investment Research – Nasdaq 100 at record highs ahead of key earnings – Aussie pulls back ahead of inflation data early on Wednesday – Sterling retreats as PM May prepares to stave off another ‘Tory rebellion’ Nasdaq 100 cruises to record highs as earnings […]
Continue ReadingDiscussing bitcoin, GBPUSD, S&P 500 and Oil technical outlooks
Continue ReadingOil jumps as US ‘tightens the screws’ on Iran Written by Marios Hajikyriacos, XM Investment Research – Oil soars as US prepares to impose full sanctions on Iran – Currencies enter holiday lull – Loonie eyes BoC policy meeting on Wednesday Oil jumps as US ‘tightens the screws’ on Iran Energy markets came back […]
Continue ReadingDollar powers ahead on strong data; euro stumbles – US dollar and Wall Street lifted by solid economic data and earnings – But euro, pound, aussie and kiwi turn lower on Eurozone woes, resurgent dollar – Thin liquidity expected today as many markets closed for Good Friday US recession fears ebb after retail sales bounce […]
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