downtrend

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UK is Europe’s most violent crime capital: European Commission

London, July 2 (ANI): A European Commission research has revealed that the United Kingdom has one of the highest rates of violence in the world, making it the violent crime capital of Europe.

The commission’s research was based on combined crime statistics [...]

EUR/USD Daily Commentary for 4.16.09

The EUR/USD is finally finding that stabilization we were anticipating with the EUR/GBP leaping on oversold conditions. Despite all of the uncertainty swirling in the FX community concerning the ECB’s future monetary policy, the EU’s CPI data met analyst predictions while Industrial Production declined slightly less than expected.
Therefore, investors finally have some positive news to [...]

Gold Daily Commentary for 4.16.09

Not much has changed in gold as it trades sideways between our 1st and 2nd tier downtrend lines. The precious metal has given us no reason to alter our negative stance and gold certainly has its hands full with the psychological $900/oz and our 2nd tier downtrend line.
We anticipate gold to gravitate towards its natural [...]

Crude Daily Commentary for 4.16.09

Crude futures continue to drag along our 1st tier uptrend line as investors debate trends and whether to leave $50/bbl in the past.
It seems investors could reach a decision soon with our 1st and 2nd tier uptrend and downtrend lines reaching their respective inflection points. We notice the same pattern of inflection in the EUR/USD, [...]

Treasury Bond Daily Commentary for 4.16.09

The 30 Year T-Bond futures are topping out again despite a lack of significant movement from U. S. equities. The 30 Year is obeying its downtrend, and its decline could be a cause for concern if there isn’t a counterbalancing rally in the S and P futures.
We still haven’t seen that follow through to the [...]

Gold Daily Commentary for 4.15.09

Gold is finding strength in our 1st tier downtrend line despite U. S. equities trading higher pre-market. The precious metal has given us no reason to alter our negative stance and gold certainly has its hands full with the psychological $900/oz and our 2nd tier downtrend line.
We anticipate gold to gravitate towards its natural negative [...]

EUR/USD Daily Commentary for 4.14.09

Though yesterday’s rally in the EUR/USD made some interesting strides by edging above 4/9 highs and our 1st tier downtrend line, investors are taking profits Tuesday. The volume was still light yesterday due to the Easter holiday and a lack of economic data.
However, we could see currencies come back to life today with the U. [...]

Treasury Bond Daily Commentary for 4.14.09

The 30 Year T-Bond futures are perking up pre-market on Tuesday after America’s economic data disappointed. As a result, the 30 Year futures are flexing their negative correlation with U. S. equities.
Though the 30 Year futures have bounced from our 1st tier downtrend line, they haven’t made any game-changing moves to awaken from the depths [...]

GBP/USD Daily Commentary for 4.8.09

The Cable continues to show relative strength on the back of surprisingly positive data surfacing from Britain over the past couple weeks. The GBP/USD kept its cool yesterday despite the broad selloff in U. S. equities and the Cable is running with the EUR/USD and U. S. equities Wednesday morning.
We expect to see the Cable’s [...]

Treasury Bond Daily Commentary for 4.8.09

The 30 Year T-Bond futures logged only modest gains despite yesterday’s broad selloff in U. S. equities. The 30 Year futures are following our downtrend to a tee, indicating they are still gravitating towards the downside.
Therefore, the 30 Year futures could be transmitting the same message as gold in that the present selloff in U. [...]

S and P Daily Commentary for 4.8.09

The S and P futures continued their selloff yesterday as well-regarded economists, including Dallas Fed’s Fisher, flooded the wires with negative outlooks concerning the health of the economy and solvency of banks. Although the present pullback has been brisk, it hasn’t been supported by high volume or U. S. economic data. Regardless, the selloff has [...]

Treasury Bond Daily Commentary for 4.7.09

The 30 Year T-Bond futures have failed to climb back above our downtrend line and March 26 lows despite weakness in U. S. equities. Therefore, the 30 Year futures could be transmitting the same message as gold in that the present selloff in U. S. equities is only temporary.
On the other hand, the selloff in [...]

EUR/USD Daily Commentary for 4.6.09

The EUR/USD popped from the inflection point of our 1st tier downtrend line and 2nd tier uptrend line on Friday as U. S. equities continued their upward momentum. Indicators all around are pointing towards an economic recovery, the EUR/USD included.
The currency pair is following its positive correlation with the S and P futures, representing an [...]

Crude Daily Commentary for 4.6.09

Crude futures are falling sharply Monday morning after being deflected from the inflection point of our 2nd tier uptrend and downtrend lines. The weakness in Crude follows a decline in the S and P futures after IBM’s acquisition of Sun Microsystems appears to have fallen through.
The failed purchase of Sun raises a red flag concerning [...]

Gold Daily Commentary for 4.6.09

Gold collapsed after dipping below our previous bottom-end support and the key psychological $900/oz level. Consequently, the precious metal seems to have made a commitment to the downtrend, which is reflected in the strength of U. S. equities.
Gold is finding some support around its 1/29 lows, and could see a little rally back towards $900/oz [...]

Treasury Bond Daily Commentary for 4.6.09

The 30 Year T-Bond futures tumbled back below our downtrend line on Friday as the S and P futures continued their upward momentum. The movement was a strong reversal and the 30 Year futures dipped below March 24 lows.
The futures are recovering Monday morning and are trading right at our downtrend line in reaction to [...]