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Below you will find guest articles on investing and trading. Please note that the opinions included below don't represent the opinions of our company or any of its employees - they are only opinions of the respective authors. If you'd like to check out our premium analyses, please take a few seconds to sign up for our free 7-day trial today.
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Forex Trading Alert: EUR/USD – Currency Bears are Still in Charge
May 27, 2014, 2:25 PM
The euro declined against the U.S. dollar as positive housing and consumer confidence data supported the greenback. Earlier today, the Commerce Department reported that core durable goods orders (without volatile transportation items) increase 0.1% in April, missing expectations for a 0.3% increase. Despite this disappointing data, U.S. durable goods orders rose 0.8% in the previous month, beating expectations for a 0.5% fall. Additionally, the Conference Board reported that its consumer confidence index rose to 83.0 this month from 81.7 in April, while the Standard & Poor’s/ Case-Shiller house price index rose 12.4% in March from a year earlier, above expectations for a gain of 11.8%. Thanks to these solid numbers, the common currency dropped to its nearest support zone. Will it withstand the selling pressure once again?
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Gold & Silver Trading Alert: More of the Same – For How Long?
May 27, 2014, 11:20 AM
The history repeated itself once again – gold just attempted to move higher but failed to ignite anything more than a small daily rally. There are some developments that can explain the metals' lack of willingness to decline despite the U.S. dollar's rally. One of them is related to the USD Index itself and the second one to the silver market. Taking them into account makes the situation more predictable. We provide details in today's alert.
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Stock Trading Alert: Close To New All-Time Highs – Will Uptrend Accelerate?
May 27, 2014, 7:37 AM
Investors’ sentiment remains positive as S&P 500 index approaches May 13 record high level. Time to maintain bullish bias or “sell in May and go away” (while it is still May)?
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Bitcoin Trading Alert: No Stop for Bitcoin before $600?
May 26, 2014, 9:21 AM
Bitcoin paused on Friday and Saturday, only to resume the rally on Sunday. The volume yesterday was relatively high and the exchange rate moved up. With this move, the currency came closer to the $600 area, a level it hasn’t crossed since March 21. Will $600 stop the appreciation?
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Bitcoin Trading Alert: Two Scenarios for Bitcoin
May 23, 2014, 12:31 PM
Yesterday was a day of strong appreciation with a daily close above $500. The move up was confirmed in volume. The bullish short-term implications of the price/volume action were, however, weakened by the possibility of a reversal. Which kind of action, bullish or bearish might prevail now?
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Gold & Silver Trading Alert: Turnaround
May 23, 2014, 5:26 AM
The history repeats itself and we have just seen another example confirming this statement. Gold once again moved higher initially but failed to hold its gains even until the end of the session. This made yesterday’s session very similar to May 19. The intra-day high was once again lower.
There is a sign, however, that suggests that the days of this lengthy consolidation are coming on an end. In today's alert we discuss its implications.
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Forex Trading Alert: AUD/USD - Keep Focused
May 22, 2014, 1:59 PM
Earlier today, the Melbourne Institute reported that inflation expectations for the next 12 months rose in April to 4.4% in April (from 4.2% in March), which supported the Aussie. Additionally, positive manufacturing data from Australia's biggest export partner – China pushed the Australian dollar higher against its U.S. counterpart. As a result, AUD/USD climbed above the medium-term support/resistance line. However, in the following hours the pair reversed and declined. What does this show of strength mean for the short-term picture?
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Stock Trading Alert: Closer To All-Time High – Make Or Break Moment
May 22, 2014, 8:58 AM
Investors’ sentiment has improved again. “Sell in May and go away” doesn’t seem to work yet, as indexes try to continue their long-term uptrend.
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Free Market Doesn’t Really Cause Bubbles – Lack Thereof Does
May 21, 2014, 7:32 AMThere is something horribly wrong both with most economic theories and with macroeconomic policies pursued by governments. The latter is not that surprising since most of those policies are being based on the former. Bad economic theories are driving our policies. The main reason for this is the macroeconomic focus on wrongly chosen and selected data, which blur a proper understanding of how the economy works. It’s not just the fact that the data itself is flawed, like in the case of price indexes and output measurements. The fact is that the approach towards that data is misplaced.
The above has profound implications on all markets and the precious metals market is not an exception.
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Forex Trading Alert: AUD/USD - Double Trouble
May 20, 2014, 4:00 PMEarlier today, the minutes of the RBA's May policy meeting showed that the bank plans to hold interest rates at record lows for an extended period of time. Additionally, the Conference Board reported that its index for Australia was flat in March, after a 0.2% rise in February. In reaction to this disappointing news, the Australian dollar dropped to a 2-week low against its U.S. counterpart, declining below two important support levels. Does this mean that investors’ sentiment is deteriorating and we’ll see AUD/USD lower?
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Gold & Silver Trading Alert: Critical Support in Silver
May 19, 2014, 4:55 PMThe previous week started quite favorably for precious metals bulls, but as the week progressed, the situation became less bullish, and finally we saw some bearish signs. The most interesting developments took place in silver - the white metal moved sharply higher in the first part of the week, but erased almost all gains by the end of the week. It's now back at a critical support line. Will this line be broken this time? What if?
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Stock Trading Alert: Further Uncertainty As Indexes Gained On Friday, Will Uptrend Resume?
May 19, 2014, 4:54 PMS&P 500 index extends consolidation, remaining below the resistance level of 1,880-1,900. Is holding long positions still justified? Or should You “Sell in May and go away”?
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Oil Trading Alert: Crude Oil - At Crossroads
May 19, 2014, 4:54 PMOn Friday, crude oil gained 0.61% as strong U.S. economic data and ongoing worries over the crisis in Ukraine weighted on the price. Thanks to these circumstances, light crude came back above $102, but does this growth change the short-term outlook for the commodity?
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Oil Stocks - Change of Trend or Just a Correction?
May 19, 2014, 1:34 PMAt the end of the previous week, Russia informed the EU that it would stop natural-gas deliveries to Ukraine on June 1 unless it receives payments for past-due amounts. In reaction to this, Ukraine said it is preparing to pay $4 billion to Gazprom but hopes to negotiate lower prices. Although these events fueled worries about the potential supply interruptions from the region and pushed light crude above $102 on Friday, oil stocks didn’t follow this increase. Instead, they declined to slightly above the psychological barrier of 1,600. Will the XOI rebound from here in the near term? What is the current technical picture of oil stocks?
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Bitcoin Trading Alert: Possibly False Calmness
May 16, 2014, 3:29 PMYesterday, Bitcoin closed where it had closed the day before. The volume fell but today we've still seen some appreciation. Is the current action indicative of where Bitcoin is headed in the near future?
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