Read the Daily Market Report from Dave Evans, Professional Trader Gold rallies from worst sell off in 30 yearsMorning Report: 08.30 London • Last night fears surrounding the Boston marathon bombing and enforced selling of gold sent markets into a tailspin. The precious metal experienced […]
Read the Daily Market Report from Dave Evans, Professional Trader Gold plunges into bear marketMorning Report: 08.30 London • This morning gold has continued to sell off, as speculation mounts that Cyprus and other troubled nations may have to sell off their gold reserves to […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen pushes back after strong industrial activityMorning Report: 08.30 London • This morning, the yen pairs a selling off as the yen rises in response to better than expected industrial activity and comments from BoK […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets extend rally, but worst six months loomMorning Report: 08.30 London • Last night world stock markets rallied into the close, with the S&P 500 rising by more than 1%. This morning markets have taken […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie lifts on Chinese importsMorning Report: 08.30 London • This morning, markets have a strong positive bias after French Industrial production came in ahead of estimates. The AUD/USD is pushing ahead of the pack after […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen Finally Starts To SlipMorning Report: 08.30 London • This morning the Japanese yen is pulling back, with the USD/JPY off by 0.55%. The other major pairs are off by a similar deficits. Click here […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen extends slumpMorning Report: 08.30 London • This morning the yen pairs have gapped higher after the Bank of Japan started to implement its long term purchases. Aside from this, markets are generally positive, though […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen stable after dramatic plungeMorning Report: 08.30 London • This morning, the Japanese yen is slightly higher after huge losses yesterday on the back of a dramatic Bank of Japan meeting. • The AUD/JPY saw the […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen plunges as BOJ extends activityMorning Report: 08.30 London • The main market movements are centred around the Bank of Japan’s decision to expand its monetary base by further than expected. The upshot is a […]
Read the Daily Market Report from Dave Evans, Professional Trader Gold plunges further – Is it time to buy?Morning Report: 08.30 London • This morning, Asian markets were mixed ahead of tomorrow’s Bank of Japan meeting. The European session has started with slight negative bias, […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen extends bull runMorning Report: 08.30 London • This morning, the Japanese yen is continuing to strengthen ahead of a highly anticipated Bank of Japan meeting on Thursday. The USD/JPY has dropped for the for […]
This past week we received the final 4th Quarter GDP number which came in at 0.39%. The total 4th Quarter growth was terrible, plain and simple. Based on the performance in the equity markets that we have seen thus far in the 1st Quarter of 2013 investors would expect strong GDP growth. However, the only […]
Read the Daily Market Report from Dave Evans, Professional Trader Pound leads cautious recoveryMorning Report: 08.30 London • There is an air of cautious optimism this morning despite the imposition of strict capital controls across Cyprus. • The British Pound is leading with March house […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro drags againMorning Report: 08.30 London • This morning, Cyprus is acting as a drag sail for the euro (and markets as a whole) as investors warily await the re-opening of banks tomorrow. In other […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro stable despite continued bank closureMorning Report: 08.30 London • This morning, markets are stable after some late session volatility in the US last night. Cyprus still dominates the news flow, with banks now expected […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro nudges higher as Cyprus bailout confirmedMorning Report: 08.30 London • This morning a new Cyprus bailout has been confirmed with small depositors now protected. The news has been greeted with a lukewarm response from […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen rebounds as Cyprus drama continuesMorning Report: 08.30 London • This morning, markets are neutral with a negative bias as the yen comes in for some buying speculation. The Cyprus situation is still without resolution […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro dips on French economic dipMorning Report: 08.30 London • Markets had a mixed overnight session as stronger than expected Chinese manufacturing data rubbed up against continued confusion over Cyprus. This morning, markets have dipped […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets lift again ahead of FedMorning Report: 08.30 London • This morning, financial markets are on the rise again after a mixed session on Asian. The move comes despite Cyprus approaching Russia for formal assistance […]
Read the Daily Market Report from Dave Evans, Professional Trader Markets slip back as Cyprus vote delayed againMorning Report: 08.30 London • Markets made a good stab at recovering some of yesterday’s losses, but momentum is stalling this morning. The parliamentary vote on the bank […]
Read the Daily Market Report from Dave Evans, Professional Trader Euro slumps, but off lows following Cypress bank levyMorning Report: 08.30 London • The euro dropped like a stone at the start of the Asian session on news that Cypress is to levy a deposit […]
Read the Daily Market Report from Dave Evans, Professional Trader Pound extends rally on King comments Morning Report: 08.30 London • Financial markets have been positive overnight as Asian markets reacted to better than expected US unemployment claims. As we enter the European session, markets […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie pushes higher as Dow hits best streak for 16 yearsMorning Report: 08.30 London • Last night the Dow Jones closed higher for its ninth straight session, something that hasn’t happened in 16 years. The […]
Trading with the trend should be your main focus for long term success no matter what type of trader you are (Options Trader, Stock Trader, or ETF Trader) although it’s not as easy as it sounds. The good news is that there is a simple trading model that removes 95% of trading analysis and greatly […]
Read the Daily Market Report from Dave Evans, Professional Trader Traders take out profits as dollar dropsMorning Report: 08.30 London • It&rs quo;s a mixed bag out there this morning as the dollar pairs push higher, while the yen pairs dip lower. The S&P 500 […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen pairs slip from highsMorning Report: 08.30 London • Financial markets an d the main yen pairs are slipping back from the highs this morning after Kikuo Iwata, the nominee for the new BoK governorship […]
Read the Daily Market Report from Dave Evans, Professional Trader Aussie leads as markets hold higher groundMorning Report: 08.30 London • Fin ancial markets are holding the higher ground this morning after Asian markets rallied on the back of Friday’s US employment data. The big […]
Read the Daily Market Report from Dave Evans, Professional Trader Yen weakens further on GDP upside surpriseMorning Report: 08.30 London • The morning’s data has been encouraging, with Chinese exports rising and the trade balance increasing much more than expected. In addition, Japanese GDP increased more […]
Read the Daily Market Report from Dave Evans, Professional Trader Pounds dips ahead of MPC meetingMorning Report: 08.30 London • This morning, markets are generally cautious ahead of rate statements from the ECB and MPC. The Euro is the performing well ahead of the big meetings, […]
Over at our TheMarketTrendForecast.com service we have been projecting a potential rally pivot at 1552-1576 for many weeks now. The recent drop to 1485 although harrowing, was a normal fibonacci re-tracement of the last major rally leg to 1531 pivot highs. We believe that this 5 wave advance 1343 pivot lows is nearing an end […]
