The Kuwait Stock Exchange Index (KWSE) is sitting on the edge of a cliff. We may soon see a decisive reversal of the uptrend begun from the January 2016 low. Following the January 2016 low the KWSE advanced as much as
The Tadawul All Share Index (TASI) broke out of a multi-month Symmetrical Triangle consolidation pattern on Monday thereby providing the first trigger for a continuation of the long-term uptrend. Volume reached a 7-day
The larger pattern in the GBPCHF remains bullish given the following: •Decisive breakout of Head and Shoulders Bottom and also breakout above the 200-day exponential moving average (ema) occurred four weeks ago.
The Dubai Financial Market General Index ( DFMGI ) ended its last day (April 04, 2017) trading session by gaining 0.58% to close at 3,559.69. Last five consecutive days the benchmark index ended in a positive note
Following a breakout from a relatively large Double Bottom trend reversal pattern in late-November (breakout above 6,875.69) of last year the Tadawul All Share Index (TASI) pulled back and has been consolidating
2016 can be another year of weak performance for the emerging markets. USD/CNY chart will have significant impact on emerging market currencies and equities. In the second half of 2015, sharp devaluation of the Yuan...
Euro Vs WTI Crude Oil showing tops & bottoms; History suggest that Euro tops & bottoms before Crude Oil EURUSD Weekly Chart - Long term uptrend intact indicating a bottom at 1.0538...
UAE markets pull back from prior week highs
UAE markets flounder as they wait for greater conviction
UAE markets split as Dubai falls while Abu Dhabi strengthens
Will oil’s dive put further pressure on UAE markets?
Since our last update on oil two months ago (Dec. 22, 2016) Brent Crude has not gone far, rising approximately 2.4% from 54.82 to 56.16 today. During this time it has traded within a relatively tight range (low...