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Technical Analysis

S&P 500 dropped one third of a percent

3/18/2015 8:05:22 AM

S&P 500 dropped one third of a percent   Markets on the West finished mixed on yesterday’s Irish-based holiday. United States’ markets closed mixed within itself, as S&P 500 dropped one third of a percent, while the Dow tumbled by 0.71%. The Nasdaq went up by 0.31%. Mexico’s IPC went down by 0.55%, but Brazilian Bovespa skyrocketed up by 3.48%.

Nightmare for oil light crude continues

3/18/2015 8:03:59 AM

Nightmare for oil light crude continues   Nightmare for oil (light crude) continues. Oil went down by another 0.78% and is at the lower end of $43/barrel. Natural gas found the pot of gold under the rainbow on St. Patrick’s day as it gained 5.12%. Gold is in the red, as it went down by 0.43% and silver shared the color, as it dropped by 0.24%.

Gold fights back after a few days of losing

3/12/2015 9:00:40 AM

Gold fights back after a few days of losing   Gold fights back after a few days of losing, as it climbed up by 0.31% today. Silver added 0.78% to its value, trailed by platinum, which went up by 0.50%. Oil (light crude) managed to go up today, gaining 0.31% and stopping at $48/barrel. Natural gas did not go up, as it lost 0.14%. 

EUR shed 1.25% vs USD today

3/12/2015 8:58:26 AM

EUR shed 1.25% versus USD today   United States Dollar (USD) keeps on dominating the forex scene. European Euro (EUR) shed 1.25% versus USD today, dropping to $1.05 from $1.07 yesterday. British Pound (GBP) went down as well, as it lost 0.81% and is now below $1.50. Japanese Yen fought back against the USD’s onslaught and gained 0.25%. Canadian Dollar (CAD) and Australian Dollar (AUD) dropped by 0.42% and 0.18%, respectively. 

Gold is 0.08% negative

3/10/2015 8:26:26 AM

gold is 0.08% negative   Oil (light crude) has gained 0.79% today, which brought it up to exactly $50/barrel. It has jumped up by 8% 2 months ago, but it is down by 4% over the last month. Natural gas lost  5.67%, lowering the price close to an all-year minimum. Metals didn’t regroup today and kept on losing, as gold is 0.08% negative, silver went down by 0.39% and platinum dropped 0.17%. 

Light crude lost 2.27%

3/9/2015 8:24:35 AM

Light crude lost 2.27%   Oil (Light crude) dropped, once again, below $50/barrel, as it lost 2.27%. Metals did very bad over the weekend, as all four major metals lost over 1.80% each. Gold is down by 2.67%. Silver almost mirrored gold, as it dropped by 2.17%, shadowed by platinum which lost 1.80% and by copper, as it shed 1.94%.

USD did pretty good in today’s forex scene

3/5/2015 8:08:31 AM

USD did pretty good in today’s forex scene   U.S. Dollar (USD) did pretty good in today’s forex scene. Compared to USD, Canadian Dollar (CAD) lost 0.32%. British Pound (GBP) stayed even on the positive side, gaining 0.02%. European Euro (EUR) did very similar to GBP, but went up by 0.07%. Japanese Yen (JPY) lost one third of a percent and finally, Australian Dollar (AUD) went down by 0.63%.

After a minor growth, oil (light crude) stumbled by 5.53%

3/4/2015 8:45:09 AM

After a minor growth, oil (light crude) stumbled by 5.53%   After a minor growth, oil (light crude) stumbled by 5.53% and is at $48/barrel, two dollars lower. Natural gas mirrored oil and lost 5.77%, after it’s been growing for a few days Markets in Asia are sharply higher today Markets in Asia are sharply higher today. China leads the region “by a mile”, as Shanghai Composite Index soared up by 2.11%. Hong Kong’s Hang Seng is green as well, as it gained 0.50% ...

gold is down by 0.34%.

3/3/2015 8:10:04 AM

gold is down by 0.34%.   Oil (Light crude) is steady today, as it gained 0.48% and once again got a little bit closer to $50/barrel. Natural gas keeps on losing, as it fell down by 1.11%. Silver shed 1.01% today. Copper lost 1.19% and gold is down by 0.34%.   Asian Stock Markets Asian markets are mixed right now, with Hong Kong’s Hang Seng staying unchanged at 0.00%. Japan’s Nikkei 225 lost 0.19%, but China’s Shanghai Composite Index failed even more, losing ...

Yen drop following a change in the Chinese interest rate

3/2/2015 8:31:43 AM

Yen drop following a change in the Chinese interest rate   There were not a whole lot of changes in the forex world today. None of the major currencies changed by more than 0.20% against U.S. Dollar (USD). Starting with the ones that went down, Canadian Dollar (CAD) is even at -0.06%. In the red are the other English speaking countries, with British Pound (GBP) losing 0.18% and Australian Dollar (AUD) going down by 0.14%. European Euro (EUR) stays even at +0.02% and Japanese Yen (JPY) is ...