Dow, S&P to Support as FOMC Launches a Bazooka But Will it Work?

Is the Federal Reserve’s “three arrows”bazooka” plan to revive the economy working? Yes, they do have some influence, but they won’t be able to have a significant impact on interest rates for months to come. But do they make sense? The only way for the Federal Reserve to get real inflation and real value for

US Dollar Analysis Ahead of Nonfarm Payrolls: What to Expect?

US Dollar Analysis Ahead of Nonfarm Payrolls: What to Expect? To keep your businesses profits high, it is very important that you first identify what type of currency is likely to be prevailing during your next payroll period. Retail sales are most definitely influenced by inflation. Inflation is a process of raising the value of

Canadian Dollar Rises on GDP Beat, Exports Flash Warning

Can the Canadian Dollar continue to rise after it has been a surprise throughout the year? The answer is yes, and economists believe that once you see the oil price jump and so many economic and stock news indicators that the currency is overbought. This can happen when many investors are short the currency, so

Gold Price Eyes Monthly High as Bearish Momentum Abates

What are the latest indicators of the Gold Price? Looking at the charts it’s obvious that there is some movement in price, but the actual price is only moving up and down. The truth is that prices have not moved significantly in price for a long time, that makes this a bearish moment for Gold.

Ripple (XRP) Price Analysis: XRP/USD May Re-Test 2019 High

A Ripple (XRP) price analysis can go for years if they’re not a wise move. As we know, Ripple is a new form of Digital Asset, a part of the RippleNet (RippleNet.com) network of payment providers. The Ripple network, its currency and protocol are being evaluated and some of its claims are attracting some serious

Euro Price Outlook: EUR/USD Tests Support, ECB on Deck

A Europe Price Outlook: EUR/USD Test Support! While other traders have seen the January Gains and are now looking for a dip to lower, the following chart reveals the next break. Be alert and buy now before the other currency traders sell! Sell if: So what if they sell now? There is just so much

London Stocks at Risk From UK-EU Trade Talks

Could the UK-EU trade deal damage UK Stocks? Well, it’s hard to say. For starters, the EU has long claimed that its initial plans for a Trade Agreement (TPA) with the UK were not overly detailed. In other words, the initial trade deal seemed to leave a lot of the playing field to the UK’s

Australian Dollar Forecast: Key AUD/USD Levels to Watch

In the forthcoming US presidential election it will be interesting to see which candidate’s economic policy will take on which number of AUD/USD levels. In the charts above, I have outlined five key points that I believe all the candidates will have to deal with. Chart One: Historical Candlestick Chart to Assess Historical Candlestick Measurements