Crude Oil price is on bearish breakdown for crossing 36.29 support level from above to below for the bearish trend to be continuing. Chinkou Span line of Ichimokuy indicator is located below the price indicating the secondary breakdown within the primary bearish, and Absolute Strength indicator is estimating the ranging bearish market condition. If close H4 price breaks 36.29 support level so the primary bearish will be continuing up to 36.13 as the next bearish target to re-enter. ...
US and Canadian GDP data, US Durable Goods Orders and Unemployment claims are the final highlights before Christmas break. Here is an outlook on these major events. Last week the Federal Reserve hiked interest rates for the first time in nearly a decade showing faith in the U.S. economy. The central bank raised interest rates by a quarter of a percentage point to between 0.25% and 0.50. Policy makers reiterated that the US economy is performing ...
USDJPY to rise towards our end-2016 target of 134 - BNP Paribas "The Bank of Japan maintained its annual monetary base expansion target of JPY 80trn, but outlined some changes to the composition of purchases.""The BoJ extended the average maturities of JGBs it buys to 7-12 years (from 7-10 currently), announced JPY 300bn of additional ETF purchases and increased the maximum amount of each REIT issue it can buy to 10% from 5% currently." ...
Missy Elliott, Justin Bieber and the Weeknd will all feature on the star studded season finale of The Voice. Elliott will perform her new single "WTF (Where They From)" along with coach/judge Pharrell Williams. The Bieb will do his hit "Sorry," while the Weeknd will perform "Can't Feel My Face" and "The Hills." more...
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