Pashabxl

Pashabxl

Ichimoku gives a clear picture of the situation of the gold at the present time.

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Well, despite all the expectation, ECB PResident did an early move by lowering again the interest rate. There was yet no reason but mario has just one idea in mind which is inflation. Therefore because he can't get inflation and market is in a deflation scenario, he has decided to provoke the inflation. The ultimate objective is to reach 2% of inflation. Because...

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GOLD is still as predicted in the down side. 1380-1370 wa a good entry point for short. At this stage the precious metal may go up on a short term basis for a correction but the confirmed trend s still on the downside until 1180 or even bellow. Unlessthere is clear signals that inflation will raise which is not the case at all, Gold may stabilize at around 1180...

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Euro is in a difficult position and ECB President is not helping the common currency at all. Although ECB said that above 1.41, EU is loosing its competitiveness, with the current situation in the commodities market, I don't think that a cheap Euro would help in any way Europe and deserve better the European economy. THIS IS A 1 MONTH SCALE CHART !!!! On the...

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Well, we can hardly make such a genuine double top. It is rare to see such a precision. Of course, we do not know yet if it is a genuine douple top or not. A lot of signals show that it may be very much, but we need to see the next candle. On the other hand, macro economic news are not of a kind to fluel the market. If THIS CHART is a confirmed DOUBLE TOP, the...

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We should always keep the big picture in mind. When focusing too much on a daily trend, of hourly trend, one may forget the big picture here it is. 1180 remain still the entry point if not lower then 1150 such as 1060 or 968. Clear formation of a falling wedge.... And we do exit from a falling wedge from the upside.....XAUUSD

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There is a clear Rising wegde which is about to break...... Keep an eye for any reversal that would be a correction until 6075, bellow a change of trend

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Actually European economy is not at its brightest situation. If it was the case, ECB President Draghi would claim that ECB was ready to launch a european QE. With th end of US QE3, the tappering, a possible increase of interest rate by US even though THIS WILL NOT OCCUR before 1Q15 at the earliest, a possible deflation in Europe, There is nothing yet to fuel the...

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Since Early 2014, USDJPY was trading in a range and there was plenty of easy money to do. Basically, you were selling at 103.5 and buying at around 101.5 Since January, there was a falling wedge formation and normaly it was a little bit early to break it, but because of the gossip in the market, the falling wedge break on the upside. Therefore, we do have a new...

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There is no change of trend in GOLD. The precious metal is still bearish. From time to time , GOLD is facing and upside correction because of an overbought situation or for short term opportunities. But there is nothing new. Those who follow closely my analysis knows that the bottom line is 1180 or even bellow before entering long in the market and one has to...

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VIX is turning its trend to a long position. The upside of VIX is not a technical correction but rather an initial sign of a trend on the upside. Generaly when DOWI is UP VIX is down and when VIX is up DOWI is down. whereas when both of them are on the upside, it is a clear sign of a reversal. Therefore one can estimate that DOWI will go on the upside first...

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Indicators show the clear path. Yet there is nothing to fuel the market. ECB do not yet put into force its European QE and you need a ground for that. The ground may very be the retracement to 8113 or even 7518 before ECB decide to act. When acting, DAX would go far above 10000.

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Buy Rumor sell news says to good adage of trading. Of course the hypothesis is the the rumor should be a correc one. Know market bought a rumor that doesn't look like an accurate one. Remember that the rumor was that FED would increase this year its interest rate because of the inflation target that FED has supposed to reach. But FED will not increase its...

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The question one has to answer is what will fuel the market? a European QE? Good economic datas? Unemployment rate falling down? We are almost in a clear double top formation with neckline at 16345. A correction may be very much healthy for the index. There is no interest rate increase for FED before 1Q15 for sure apparently, which means that the risk of...

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The Stock Exchanges are rather overperforming. The economic datas are not that good, but the market is expecting ECB President Draghi to release fresh money in the market. But there may be a reason to release the money in the market and thus this would only be possible when the market go to a severe correction otherwise, tax payer would not understand the reason...

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When trading Indexes, it is always good to have a look on the volatility index and with Ichimoku, it is clear that the upside movement is very near. The indicators such as STOCH or RSI show that we are either at oversold level like STOCH or about to reach it with RSI. The Kumo Cloud shows a clear future turn in the trend. It means that when VIX is up, indexes...

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Well, on a chartist approach, there is a very clear double top formation with 2995 as a neckline. A nice opportunity during the correction period....

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MArket have anticipate an increase of the interest rate by FEd based on FOMC minutes and statements from some FED officials. Although statistics show that FED has achieved its 2% inflation target, the BOARD is not ready yet to increase the interest rate because of many reason and among them suistainable growth, unemployment rate etc. On the other hand, ECB with...