Gold in Choppy Consolidation Awaiting Breakout
Gold in Choppy Consolidation Awaiting Breakout
Gold has been in a choppy upwards consolidation since hitting a multi-year low at 1130 earlier in November. From the 4H chart, we can see 2 phases of ...
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GBPJPY Forex Reversal Chart Pattern – Nov 26, 2014
GBPJPY Forex Reversal Chart Pattern – Nov 26, 2014
GBPJPY formed a double top pattern on its 1-hour forex chart, hinting that a potential forex reversal is in the cards. The pair is still a ... Continue reading
EURUSD Correction Wave Setup – Nov 26,2 014
EURUSD Correction Wave Setup – Nov 26,2 014
After its sharp selloff last week, EURUSD had a chance to retrace when the German Ifo business climate report came in stronger than expected. ... Continue reading

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Technical Outlook

Gold has been in a choppy upwards consolidation since hitting a multi-year low at 1130 earlier in November. From the 4H chart, we can see 2 phases of this November consolidation. Gold (XAU/USD) 4H Chart 11/26 (click to enlarge) ...
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Stock Picks

US stocks opened higher extending the global equity rally in Europe and Asia, amid speculation that the European Central Bank would purchase government debt to support growth. The Bank of China was ready to ease the monetary pol...
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Technical Analysis

GBPJPY formed a double top pattern on its 1-hour forex chart, hinting that a potential forex reversal is in the cards. The pair is still a hundred pips away from testing the neckline support at the 184.00 levels. A break below ...
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Bitcoin News

Instacoin, a company that claims that it is a group of independently owned and operated Bitcoin ATMs* serving the province of Quebec, has announced that it has brought in two more Bitcoin ATMs in Montreal. With the decision the compa...
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