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Buz Investors TECHNICAL ANALYSIS GBPUSD hit a more than seven-week low during yesterday’s trading. At the moment, it is mostly unchanged from the day’s open while price movement has been lacking volatility as well. Forex News 

TECHNICAL ANALYSIS – GBPUSD BEARISH OUTLOOK AFTER HITTING A MORE THAN SEVEN-WEEK LOW

TECHNICAL ANALYSIS – GBPUSD BEARISH OUTLOOK AFTER HITTING A MORE THAN SEVEN-WEEK LOW Buz Investors TECHNICAL ANALYSIS GBPUSD hit a more than seven-week low during yesterday’s trading. At the moment, it is mostly unchanged from the day’s open while price movement has been lacking volatility as well. The RSI is currently bearish and well below the 50 neutral level at 34. The stochastics are also painting a negative short-term picture, as the %K line is in negative territory as well. Note though that %K is in oversold territory below the…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD watching for a bearish break

AUDUSD watching for a bearish break AUDUSD Buz Investors   bearish break The pair is trading at 0.7679 at 10:40 GMT this morning, with the Australian Dollar trading 0.12% higher against US Dollar from the New York close. Going ahead, traders would keep a close watch on Australia’s HIA new home sales data, slated to release overnight. This morning, the pair traded at a high of 0.7707 and a low of 0.7659. The Australian Dollar traded 0.14% lower against the US Dollar in the New York session on Friday, with the…

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Buz Investors TECHNICAL ANALYSIS USDJPY is currently up from the day’s open, roughly recovering one-fifth of yesterday’s decline in price. Looking at the stochastics, the %K line is in bearish territory. Adding to this negative near-term signal is the fact that it (%K) has crossed below the slow %D line. Forex News 

TECHNICAL ANALYSIS – USDJPY BEARISH TO NEUTRAL IN THE NEAR-TERM

TECHNICAL ANALYSIS – USDJPY BEARISH TO NEUTRAL IN THE NEAR-TERM Buz Investors TECHNICAL ANALYSIS USDJPY is currently up from the day’s open, roughly recovering one-fifth of yesterday’s decline in price. Looking at the stochastics, the %K line is in bearish territory. Adding to this negative near-term signal is the fact that it (%K) has crossed below the slow %D line. The RSI indicator is theoretically bearish as well, but it is in close proximity to the 50 neutral level at 48. This perhaps indicates that the strength of this short-term…

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TECHNICAL ANALYSIS – EURGBP NEAR-TERM BEARISH WITH THE STRENGTH OF THE SIGNAL UNDER QUESTION Forex News 

TECHNICAL ANALYSIS – EURGBP NEAR-TERM BEARISH WITH THE STRENGTH OF THE SIGNAL UNDER QUESTION

 TECHNICAL ANALYSIS – EURGBP NEAR-TERM BEARISH WITH THE STRENGTH OF THE SIGNAL UNDER QUESTION Buz Investors TECHNICAL ANALYSIS EURGBP is currently up but little changed relative to yesterday’s close. The short-term sentiment given by the RSI is negative as the indicator is currently at 46, below the 50 mark distinguishing positive from negative short-term bias. Adding to this, the MACD is slightly negative and below the red signal line. The fact that RSI and MACD are relatively close to 50 and 0 respectively is perhaps indicative that the bearish sentiment…

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Buz Investors BBD Stoc:k Bullish The bullish price action on the Bombardier, Inc.(TSE:BBD.B) stock chart has been nothing short of spectacular. It is becoming more and more apparent that the low that Bombardier stock visited in February 2016 was an overshoot, and it is likely that BBD.B Market Trends 

$BBD Stock Bullish, But Still Bearish

Bombardier Stock Is Targeting THIS Important Level Buz Investors BBD Stoc:k Bullish The bullish price action on the Bombardier, Inc.(TSE:BBD.B) stock chart has been nothing short of spectacular. It is becoming more and more apparent that the low that Bombardier stock visited in February 2016 was an overshoot, and it is likely that BBD.B will not be revisiting that level anytime soon. Other Stories Buz Traders Follow CELG STOCK BULLISH ON ALL FRONTS $CSCO STOCK: THE COUNTDOWN HAS BEGUN SILVERCORP NET INCOME $30.2MN, $0.18 PER SHARE, UP 284% FOR FIRST…

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Oil prices edge up on OPEC hopes, but doubts linger Energy 

Oil Prices Slip On Bearish Inventory Data

Oil Prices Slip On Bearish Inventory Data Oil Buz Investors Oil Prices Slip On Bearish  The commodity is trading at $52.84 per barrel at 10:40 GMT this morning, 0.19% lower from the New York close. Crude oil witnessed a high of $53.27 per barrel and a low of $52.79 per barrel during the session. In the New York session yesterday, crude oil rose 0.55% to close at $52.94 per barrel. However, gains in crude prices were trimmed, after the EIA disclosed that US crude oil inventories rose by 2.8 million…

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NZDUSD in consolidation mode; Bearish crossover recorded recently Forex News 

NZDUSD in consolidation mode; Bearish crossover recorded recently

NZDUSD in consolidation mode; Bearish crossover recorded recently NZDUSD in consolidation mode NZDUSD has been mostly moving within a narrow range over the last five trading days (between 0.6950 and 0.7050). This neutral tone is also projected by the RSI indicator which is currently at 50 and has remained in this 50 area throughout this period of consolidation. However, the bearish cross recently recorded with the 50-day moving average (MA) crossing below the 200-day one could indicate that we’re about to enter a period of downward movement for the pair….

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD Trendline Break Amplifies Bearish Sentiment

AUDUSD Trendline Break Amplifies Bearish Sentiment AUD-USD Buz Investors AUDUSD Trendline Break The pair is trading at 0.7354 at 10:40 GMT this morning, with the Australian Dollar trading marginally lower against US Dollar from the New York close. Amid no economic releases in Australia today, trading trend in the AUD is expected to be determined by global macroeconomic factors. This morning, the pair traded at a high of 0.7370 and a low of 0.7328. The Australian Dollar traded 0.37% lower against the US Dollar in the New York session yesterday,…

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AUDUSD flirting with 2-month lows Forex News 

AUDUSD remains neutral outlook stays bearish

AUDUSD remains neutral  outlook stays bearish AUD-USD Buz Investors outlook stays bearish The pair is trading at 0.7420 at 10:40 GMT this morning, with the Australian Dollar trading 0.47% lower against US Dollar from the New York close. Data released overnight showed that Australia’s AIG performance of services index climbed in November. This morning, the pair traded at a high of 0.7462 and a low of 0.7408. The Australian Dollar traded 0.53% higher against the US Dollar in the New York session on Friday, with the pair closing the session…

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Silver Price Unable to Hold above $20.00 as Dollar Stabilises commodities 

Silver looking to make good on the bearish reversal

Silver looking to make good on the bearish reversal Silver Buz Investors  bearish reversal The precious metal is trading at $16.62 per ounce at 10:40 GMT this morning, 1.1% lower from the New York close. During the session, silver traded at a high of $16.96 per ounce and a low of $16.55 per ounce. In the New York session on Friday, silvbearish reversaler rose 2.16% and closed at $16.80 per ounce, tracking gains in gold prices. Immediate downside, the first support level is seen at $16.34 per ounce, while on…

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