Daily Technical Analysis – 12 December 2013December 12, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is trading lower against the dollar on Thursday, following seven consecutive wining sessions. The rally over the last seven days has been particularly aggressive, so this could just be a temporary consolidation in the pair rather than a bigger retracement. This is what the […]
Daily Technical Analysis – 10 December 2013December 10, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is continuing to push higher against the dollar on Tuesday after recording a fifth consecutive day of gains at the start of the week. The pair is looking quite overbought now, as seen on the stochastic where it looks in the process of crossing […]
Social media monitoring gets a bad rep.On one end of the spectrum, it’s the rote, boring thing you have to do to keep up with your brand’s mentions. On the other end of the spectrum, it’s… well, super-creepy stalking.I prefer to think of social monitoring as sleuthing – using all the resources available to you to get the fullest picture […]
Friday’s action was both expected, and a bit surprising, at the same time. The most recent correction was anticipated to be a fourth wave, and as I’ve written many times previously, fourth waves are my arch-nemesis. So with the first downside targets captured, and the upside targets now also captured, we reach the inflection point and the next trade becomes […]
Every year, around December, I write my predictions for the next year. I love it. I sit in a room with some colleagues and brainstorm on what we think will happen next year and then I go to my crystal ball and look into the future, and just to make sure I’m not too off, I take my DeLorean […]
Immensity with which the social networks are growing is unprecedented in its own way. Facebook consists of roughly 1 billion users, twitter has 500 million users, LinkedIn has over 225 million users, Pinterest has more than 10 million users, Instagram uploads 5 millions images everyday and Google+ receives 5 billion +1’s daily.This is not enough, there are Asian networking sites […]
Daily Technical Analysis – 25 November 2013November 25, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is looking bearish again this week, having failed to break back above the ascending wedge. Even the weekly chart is looking a little bearish, with last week’s candle being a hanging man, signalling a trend reversal. It is worth noting that this is not […]
Daily Technical Analysis – 21 November 2013November 21, 2013 by Craig Erlam in Technical analysisEURUSDWe’re seeing a bit of a recovery in the euro today, following an aggressive sell-off yesterday. This came as a result of a rumour that circulated around negative deposit rates being used as stimulus in the future over other rate cuts. Talk of further stimulus so […]
Morning technical analysis – 19 November 2013November 19, 2013 by Craig Erlam in Technical analysisEURUSDThe euro is continuing to edge higher on Tuesday, although we’re still seeing no sign that it is going to break back above the ascending trend line that it broke below earlier this month. As a result, I’m still bearish in the long run, but that […]
