iterating towards truth
One of the charts which caught my attention is EURJPY. It is behaving very technically and from the long term and short term perspective it is offering decent opportunities. The best opportunity with highest RR probability I see in the 102 – 101 z…
If the VIX index’s 52-week moving average falls below the long-term average (20.3) and the most recent low (19.1 in July 2011) this time, we think it will suggest a change of phase from crisis to normality. source: businessinsider.com
Looking at the weekly and daily charts of EURUSD, it is obvious that the pair is going through the stage of consolidation and I am repeating it again – I would not be surprised if we would see a range trading in the next month 1.28 – 1.31. In the …
Right now the EURUSD is trapped in a range between 2750’s and 3050’s. From the daily point of view the longer term down trend was broken and the pair looks like it is completing its continuation bullish pattern. The mission i clear, either it brea…
As I wrote last week, my preferred form of physical silver is pre-1965 US dimes, quarters, and half dollars… known in the industry as “junk”. Junk silver as an investment. It has a nice ring to it source: zerohedge.com
Now the question is whether a trend can be established when both the US and EUR monetary policy authorities are to provide significant liquidity, baseline growth expectations are very modest, and underlying structural issues are unlikely to be res…