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Chinese hotels are using art to try and stand out from their competitors, but does it make business sense?
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FX Trade Recommendations – 10 Jan, 2017

New EUR/USD: Short below 1.0575, Target @ 1.0525. SL @ 1.0625 New GBP/USD: Short below 1.2145, Target @ 1.2095. SL @ 1.2195 New USD/JPY: Short below 115.90, Target @ 115.40. SL @ 116.40 New AUD/USD: Long above 0.7345, Target @ 0.7395. SL @ 0.7295 New AUD/NZD: Long above 1.0535, Target @ 1.0585. SL @ 1.0485…
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Daily Technical Analysis – 9 Jan, 2017

    Daily Technical Analysis – 9 Jan, 2017  EUR/USD Intraday: under pressure. Pivot: 1.0560 Our preference: short positions below 1.0560 with targets at 1.0510 & 1.0480 in extension. Alternative scenario: above 1.0560 look for further upside with 1.0585 & 1.0615 as targets. Comment: the RSI is mixed to bearish. Green Lines Represent Resistances |…
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FX Trade Recommendations – 9 Jan, 2017

New EUR/USD: Short below 1.0520, Target @ 1.0470. SL @ 1.0570 New GBP/USD: Short below 1.2155, Target @ 1.2105. SL @ 1.2205 New USD/JPY: Long above 116.70, Target @ 117.20. SL @ 116.20 New AUD/USD: Short below 0.7315, Target @ 0.7265. SL @ 0.7365 New AUD/NZD: Long above 1.0495, Target @ 1.0545. SL @ 1.0445…
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Daily Technical Analysis – 6 Jan, 2017

   Daily Technical Analysis – 6 Jan, 2017 EUR/USD Intraday: caution. Pivot: 1.0570 Our preference: long positions above 1.0570 with targets at 1.0615 & 1.0655 in extension. Alternative scenario: below 1.0570 look for further downside with 1.0550 & 1.0525 as targets. Comment: the RSI is mixed and calls for caution. Green Lines Represent Resistances |…
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FX Trade Recommendations – 6 Jan, 2017

New EUR/USD: Long above 1.0585, Target @ 1.0635. SL @ 1.0535 New GBP/USD: Long above 1.2370, Target @ 1.2420. SL @ 1.2320 New USD/JPY: Long above 116.10, Target @ 116.60. SL @ 115.60 New AUD/USD: Short below 0.7335, Target @ 0.7285. SL @ 0.7385 New AUD/NZD: Long above 1.0455, Target @ 1.0505. SL @ 1.0405…
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Oil steady after Saudis, Abu Dhabi cut supplies – 5 Jan, 2017

Oil prices were steady on Friday as the start of supply cuts by Saudi Arabia and Abu Dhabi supported the market, but doubts that all producers will implement output reductions agreed in a landmark deal last year kept markets from rising further. Brent crude futures, the benchmark for international oil prices, were trading at $56.85…
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FX Trade Recommendations – 5 Jan, 2017

New EUR/USD: Long above 1.0505, Target @ 1.0555. SL @ 1.0455 New GBP/USD: Short below 1.2310, Target @ 1.2260. SL @ 1.2360 New USD/JPY: Short below 116.65, Target @ 116.15. SL @ 117.15 New AUD/USD: Long above 0.7290, Target @ 0.7340. SL @ 0.7240 New AUD/NZD: Short below 1.0465, Target @ 1.0415. SL @ 1.0515…
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China Goes on $26 Trillion Commodity Binge as Shortages Seen – 4 Jan, 2017

Chinese investors traded a record volume of commodity futures last year as speculators poured in and out of the market on bets that shortages are looming. Combined aggregate trading volume on the Shanghai Futures Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange jumped 27 percent from 2015 levels to 4.1 billion contracts, according to data…
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