What was once considered a rich “pricey” commodity is now dangling between the hinges for a downfall. We have all heard it and seen it -the slashing of oil prices from a drastic $100-something a barrel to almost $30 a barrel. Such a free fall within the last two years only! And, statistically speaking this […]

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Christmas and New Year greetings start pouring in endlessly right from the second week of December! And these acts only make one ponder on the remaining days left before the holidays begin! The mere thought of retiring from the mundane tasks and pacing life more towards celebrations, towards irresistible smell of some lip-smacking food and […]

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Turning the financial health pages of yesterday’s, one would realise that there had been many stock market bubbles come and go. But the ones that left behind dark shadows are still living afresh in our memories. From the Asian Stock market crash of 1990s to the subprime fiasco that shocked the world, especially the US […]

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Weekly Technical Outlook: CAD/JPY Market Forecasts for May 11th – May 15th Stop loss 99.93 Entry level 98.89 First Target at 97.87 Next targets to test at 97.12, 96.44 Technical Analysis: CAD/JPY rally has hit the major resistance area of 99.85 levels with the doji and price rejecting the key area followed by the pin […]

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Market Forecasts for April 20th – April 24th Weekly Technical Outlook: AUD/USD Stop loss 0.7636 Entry level 0.7744 First target at 0.7807 Next targets to test at 0.7844, 0.7874 Technical Analysis This pair is sitting right on some recent solid support after a downward movement seen for a long term. Currently the pair looks to […]

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Till a few weeks back, gold seemed to be on a free fall. Buyers were panicking and sellers were enjoying their time in the sun. And for good reason. Gold had taken a tumble losing 20% of its value in 7 months time and with the US ending its QE, there did not seem any […]

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