One of the biggest risk events this year – the Euro referendum is finally here and the market will turn its focus on this event in the next few days. The referendum will take place on Thursday June 23rd from 7 am – 10 pm GMT or 2 am – 5 pm EST. All votes is expected to be finalized and counted by […]

I was thinking today about how I really started taking this blog increasingly social jargon, investor’s education, competitions, contests values ​​, and the like. And among all this remarkable, entertaining, educational, intellectual and I forgot to mention an important fact that every trader knows or should know information. The fact is that any rational analysis […]

The surprisingly weak employment report takes a walk of June rate table and the chances of a motion at the next meeting July also fell sharply. The USA  created only 38,000 new jobs in May, well below the forecast of an increase of 155,000. Is the smallest number of jobs added monthly work in almost […]

In this technical blog we are going to take a look at Fundamental & Technical point of view of US steel. The steel industry continues to face a challenging economic environment due to the economic slowdown in China, volatility in financial markets, slow growth in global trade, and low prices of oil and other commodities. […]

Global consumption for 2016/17 is forecast at a record 174 million metric tons (raw value), exceeding production and drawing stocks down to the lowest level since 2010/11.  Production is up 4 million tons to 169 million as gains in Brazil and the European Union more than offset a decline in India.  With growing demand, imports […]

In this blog we’re going to take a quick look at Dow 1 Hour chart from 10th May 2016. We can see Index broke the descending trend line from the peak suggest it most likely ended the cycle from 18173.54 high. Move up from 17580.38 to 17783.16 is a 5 wave move and hence we have labelled […]