Pashabxl

Pashabxl

On a chartist analysis we can clearly see that there is a double top formation. The next days i.e Monday 26th will be a day that will clearly confirm the double top formation or not. Based on indicator, DOWI is already very high and a down side correction is again imminent. If there is a double top formation which I do consider for sometime now, therefore, the...

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MArkets are waiting for the statements of Both FED's Chief Yellen and ECB President Draghi. There has been a move on the upside, but the market is still in a correction phase. Therefore when CAC40, DAX, DJI, SP500 will face the second correction phase GOLD will also face a correction but this time on the upside. This is a technical correction because the precious...

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At the very moment, baring in mind of the timing, the economic outlook, CAC40 is facing a correction as forseen in my previous analysis. We are in a double top formation with the neckline at 4100 and after a pull back, we may be at around 4050-3900. Bellow that level, it would be a change of trend. But there is still cheap money in the market particularECB...

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The ichimoku chart shows that DOWI will go a little bit on the upside, but indicators show that there isn't a lot of room left on the upside. Tenkan Kijun twist may occur inside the cloud wich would announce a soft upside. Having an eye on the Kumo cloud and particularly on the next days show that there is a twist and confirme a reversal, at least a correction...

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Buy rumor and sell news. That is exactly what happened to EURUSD pair. One thought that FED would increase sometimes this year its interest rate because FED achieved already its target of 2% of inflation. The news is that they will not do it yet although the target seems to be achieved. From over reaction to over reaction, EUR has been too much weakened and the...

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FED will not yet increase its interest rate. Geopolitical instability gossip in not being bought in the market. There is no reason to hedge Indexes, FOREX or any other product of the market, nor any reason to be on the inflation side yet even if FED will increase somehow its interest rate but not earlier then December 14. Therefore, the mechanical trend of GOLD...

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Here is the big picture of the PAIR. FED will not yet increase its interest rate as forseen and 1Q15 appears to be the earliest time. Now you decide.

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The pair has left the range trade period and since FED is convienced that its 2% inflation target has been reached, the market is buying the rumor that FED will before March 2015 increase its interest rate. This increase may come at a time were QE3 will really end, i.e October 14. Therefore the market is naturally buying the rumor that FED will increase its...

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Indicators show clearly that Eur is oversold. Therefore, a technical correction on the upside may be imminent. However, we may not be going so high up. 1.355 may be the realistic target for the upside correction. But on the long run, it is down down down

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Details are in my previous analysis. There is nothing new on the horizon. Gold is keeping its target and the bear movement is still on track. No sign of any reversal yet.

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As I have underlined yesterday, EURUSD is about to form a falling wedge with 1.33 at the bottom. EURUSD may face in addition to that ch artist situation a technical correction n the upside for two reason. 1- USD has gained too much of a value against EUR and if EUR is oversold, USD is overbought. 2-FED's high level officials are questioning the timing to raise...

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In my previous analysis I have underlined that EUR would go on the upside to catch 1.375 for the last time before FED's and ECB intervention on the market. FED will increase at certain point its interest rate, whereas ECB will spread a lot of cheap money in the market. Therefore, above 1.38 doesn't look sustainable for the market. However, FED will release some...

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Gold is still on the down trend. There is nothing new since August 2011 when gold reached 1828 and then confirmed trend on September 2012 at 1771. The first date was the bubble formation and the process of securing investment during the financial crises. The second date is the ultimate Q3 timing where FEd decided to spread money in the market. Since then the...

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With FED's current policy and without any change in the interest rate from FED or BoJ, we are in a range trade where would buy at 101.2 and you sell around 103. Unless BoJ announces a change of policy and until FEd's increased its interest rate, we may be stuck in the range trade. However please bare in mind that when FEd will increase its interest rate, the...

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Evdrything is said on the graphic. The correction process continue. Because of the sharp fall, there will be an upside correction before continuing the correction towards 15850.And then there will be a last move towards 17000 beofre melting to 14400-14800 from March 2015

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Gold has been making some little upward move but the general trend is still the same and nothing has changed. If you compare the highest price with the oversold level of STOCH in the past 6 month, you will clearly see that Oversold level was at 1390 and it is now at 1325. Having said that GOld will rise for sure but not a macro economic environment where there...

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As forseen since Mid June, CAC40 is in a correction process. There is no breaking news in the market, and the summer sell-off continues. Therefore, the correction process may continue until 4100, bellow that leval and in particlar bellow 3850 it is rather a consolidation and a clear reversal of trend rather then a correction. If this happen, ECB would intervene...

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The sellers win the match and the Market Over react to Yellen statement underlining that FED may increase the interest rate sooner then foreseen. Remember that the first statement was made in early May saying that FED may increase the interest rate by October. Then in June FED says that MARCH 15 would be the earliest. Whereas now, Yellen at the hearing recall...