As predicted, Namecoin dropped to the first Fibonacci extension today, before rising to a key Fib retracement level. We will need to take a look at different timeframes to get a clearer picture of recent happenings. Firstly, let’s check out the NMC/USD Daily chart I posted yesterday: In yesterday’s analysis, I mentioned, “I’ve performed the Fibonacci study from the […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereLook for the June E-mini NASDAQ-100 futures contract to open higher this morning based on the overnight trade. Volume is down because of Friday’s U.S. Non-Farm Payrolls report. This could spill over into today’s session, causing wicked swings. Traders should be careful about trading breakouts […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereJune Comex Gold futures are trading lower. Traders failed to follow-through to the upside after Wednesday strong rally. This is a sign that buyers are still shying away from the long side. If there is a rally, it is likely to be driven by short-covering.The […]
Morning technical analysis – 3 April 2014April 3, 2014 by Craig Erlam in Technical analysisEURUSDThe euro was looking a little more bullish against the dollar at the start of the week, following the bounce of the 50-day SMA and 50 fib level, 3 February lows to 13 March highs. We’d also seen divergence at this level which made it look […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereGold markets rose during the session on Wednesday, bouncing off of the $1280 level, an area that we had anticipated been somewhat supportive. That being the case, we feel that this market will more than likely trying to continue going higher. A break above the […]
Do Fundamentals and Technical Analysis Still Matter?Companies / Investing 2014Apr 02, 2014 – 12:04 PM GMTBy: DailyGainsLetter
Mohammad Zulfiqar writes: Over the weekend, I met with a friend of mine. He’s been a stock market investor for some time now, and over the last few years—especially since 2012 and 2013—he has done phenomenally well when it comes to […]
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SummaryThe author believes MDT to be overbought on a technical analysis basis.
Investors should be prepared to “buy the dip” at a price range of $56-$58.
The author uses Moving Averages, Bollinger Bands, Candlestick Patterns, and the Relative Strength Index to support the analysis.
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Of all the weekly reports that come through its the trio of the Citi, UBS and AG reports that I am drawn to.I like the CS macro pulse and the GS weekly tech also the Barcap tech. There are many runners up in terms of analysis but top trio are standouts in my view.Later today the Swiss team’s regular but […]
Price continues to move higher, but the breakout is unconvincing. A new high above 6,865.86 would be required to provide confirmation of this trend change at intermediate degree.The target for upwards movement is now 7,345. Click on charts to enlarge.This main wave count expects that FTSE remains within a huge super cycle expanded flat correction. My alternate idea would be […]
