In the previous post about EurUSd -0.23% , we were expecting EurUsd -0.23% to make a mid-term high in October and tread lower from there onwards to a short-term low in the first week of November, thats already in place and we are now expecting Euro -0.23% to keep trading lower against the Greenback till Feb 2018.The intermediate low has been marked on the chart @...
Price dynamics have changed. Now the price target for bitcoin bubble burst stands @7000 (+/-400). Time target is still the same - 3rd or 4th week of November.
Last year in June, United Kingdom's majority chose to leave the European Union. This year on March 29th Prime Minister Theresa May invoked Article 50 of the Lisbon Treaty, officially stamping the process to sever ties with the bloc.This brings to end a 44-year-old relationship that always had National political parties at odds, will the UK be better off...
Gold broke this low , Now the high that we were expecting 2nd week of October will be lower high instead of higher high.
U.S Federal Reserve hinting another possible interest rate hike in December has changed our time target for Gold. Earlier we were expecting the yellow metal to halt the uptrend in last week of September, instead, we are now looking for that High to come in late by almost two weeks. The current drop should terminate here and Gold should resume the uptrend. Going...
When Exchange Rate Mechanism system failed to stabilize national currency exchange rates within Europe, it led to the proposal of the adoption of a single European currency in 1995.And on January 1st, 1999 , 42 years after Europe's foundation, Euro was adopted as single currency by 11 member states. Today, Euro along...
The journey of technology behemoth Apple, Inc. from Apple I to iPhone 7 has been a spectacular one. Its valuation crossed $800 billion this year and is onto becoming the first trillion-dollar company. It's not been a smooth ride all the way. Like every company, Apple too had to go through phases of ups and downs and failures. It too made products that flopped...
We are expecting the yellow metal to continue its uptrend till the last week of September, that's when we can see some sort of sell off coming in.And that would make it a short term top for Gold.Gauging from the speed of up-move the prices could go to the levels between $1360-1380, that's 2-3% rise from current levels. The severity of selling would have to be seen...
Cryptocurrencies have become an internet phenomenon taking over the digital marketplace by storm since it's inception in 2009, by a mysterious modern day Samurai Satoshi Nakomoto, called Bitcoin. As of today there are close to 1000 cryptocurrencies in existence. No, I'm not kidding. Any tech savvy enthusiast with knowledge of block chain - the revolutionary...