GERMAN BANKS NEED SUPPORT..
It seems the accelerating similarities between Deutsche Bank (once the most systemically dangerous bank in the world) and Lehman Brothers has finally forced the German government’s hand… The…
December 12, 2018Read more
DAX BREAKS THE IMPORTANT TRENDLINE
One of the largest European stock indices, DE 30 (DAX) breaks an important trendline. More recently, I mentioned this possible move after the trend channel (green). When the…
December 7, 2018Read more
BRENT OIL JUMPS AFTER TALKS ABOUT PRODUCTION
Oil surged on optimism producers will cut output. Oil was jolted higher by efforts across the globe to support prices as Saudi Arabia and Russia extended their pact to…
December 3, 2018Read more
GBP/USD – AWAITING FOR BRITISH PARLIAMENT CONFIRMATION
The situation about Brexit is still unclear, with some moderate progress. Awaiting the British Parliament’s confirmation. Theresa May presented the proposal to European leaders and the European Parliament….
November 28, 2018Read more
THE SILVER GOT SUPPORT BY THE FUNDAMENT
Silver mining costs range from $ 9-15. The amount of the costs depends on the availability and difficulty of the mining. Silver is mainly used for its excellent…
November 26, 2018Read more
THE EURO WEAKENS AFTER PMI RESULTS
Last week the Euro created a technical candle formation of a bull pin-bar. By the end of this week, the Euro is credited with losses to its account….
November 23, 2018Read more