Friday, 31st October 2014

US economy grew with 3.5% in Q3 2014

In the third quarter of 2014, the US economy grew faster than expected. Engine of growth is consumer spending and business investment. The foreign trade also supported growth. The Gross domestic product (GDP) in the period between July and September has increased compared to the previous three months at an annual rate of 3.5%, while […]

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USD/JPY: November 2014 Forecast

The USD/JPY pair has had a couple of the strong week see recently, after bouncing off of the important 105 level.

NZD/USD: November 2014 Forecast

The NZD/USD pair is rapidly becoming one that I am enjoying trading. I believe that the central bank out of Wellington will get its wish, a much lower priced Kiwi dollar.

After Bad Q3, Twitter & IBM Partner

Twitter Inc. (NYSE:TWTR) continued its downward trend during yesterday’s trading session due to above average volumes, which is a bearish indicator.

EUR/USD Falls After Federal Reserve

The EUR/USD pair initially tried to rally during the course of the day on Wednesday, but as you can see fell rather hard.

WTI Crude Oil Still Going Sideways

The WTI Crude Oil markets did gain during the session on Wednesday, testing the $83 level for resistance. Needless to say, it did in fact find the $83 level as resistive, and formed a bit of a resistive looking candle.