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Countdown to The Precious Metals Breakout Rally

Sourced from: https://www.countingpips.com/2019/03/countdown-to-the-precious-metals-breakout-rally/

Chris Vermeulen

This upcoming Monthly Silver graph is the real gem of this precious metals world.  The upside possibility of Silver is really much larger than Gold currently.  Any breakout movement will likely see Silver push well over $30 per ounce and we simply need to see the $18.90 level for signs the breakout is beginning.  Silver will adhere to a similar highlighting patter as Gold.  We expect only about 30 days of buying opportunity left until this highlighting routine is completed.  Again, see the April 21 date because the key date for the breakout movement to begin.

If you like our study and our level of insight to the markets, then take a minute to see our site to find out how we assist our customers find and implement for achievement.  We’ve been predicting these market movements almost perfectly over the last 18+ months.  Discover how our study team is able to help you stay ahead of these swings in price and discover new opportunities for skilled traders.  Have a minute to see how we can help you find and implement improved trades by visiting TheTechnicalTraders.com today.



By TheTechnicalTraders.com
Now, we are publishing this research post to alert you that we are about 15~30 days off from the momentum base setup in Gold that will probably mirror .  Thuswe have about 20+ days to search for and target entrance opportunities in both Silver and Gold before this momentum bottom/base sets upward.

If you have been following our research over the last couple of months, then you already know that we’ve called just about every major movement in Gold over the last 14+ months.  Recently, we called for Gold to muster to  $1300 place, launch a slight peak, stall and return to set up a momentum base pattern.  We called this move to take place back in January 2019 — almost 30+ days before it occurred.


Please think about the study we’re presenting to you today.  Our predictive modeling procedures have been phoning the metals markets quite precisely over the last 14+ months.  If our prediction of a momentum foundation near or on April 21 is right, then we must start to see an extraordinary upside price swing in Silver and Gold shortly following this date.  You won’t need to miss this one — trust .  There’ll be time for you to grab this move when it begins — it might be an extended upside movement.  Pay attention to put April 21 in your calendar now.

Palladium has attained our first Fibonacci upside targets.  We anticipate price to consolidated and possibly rotate near the $1500 price level.  Ideally, price could fall under the $1300 price amount and target the 1100 area before finding any actual support.  Provided that industrial demand lasts for Palladium, we expect to see continuing upside price activity over the very long term.  At the moment, we are expecting a price contraction as global industrial demand may falter somewhat.
Technical Traders Ltd..

This Monthly Gold chart, below, shows you the historic peaks which constitute a current resistance level near 1370.  This degree is essential in understanding the way the momentum foundation and next breakout will occur.  This immunity level must be broken until the upside rally can continue above $1400, then $1500.  Ultimately, the momentum base we are expecting for form prior to April 21 is that the”last foundation” to set up prior to a much larger upside rate movement takes place.  In other words, pay attention over the subsequent 30 days until this movement happens.

Latest version of CQG Desktop offers new drawing tools and studies

Sourced from: https://financefeeds.com/latest-version-cqg-desktop-offers-new-drawing-tools-studies/

Dealers also can easily change logos in single-symbol widgets simply typing when the widget they want to change is in focus. This means that traders may no longer have to click on in the symbol entry field to enter a symbol or to utilize autosuggest.

FinanceFeeds –

Provider of high performance trading, market data, and specialized evaluation tools CQG has rolled out a fresh model of CQG Desktop, with improvements which range from new drawing tools to improvements to HOT.
The post Latest edition of CQG Desktop presents new drawing tools and research appeared initially on FinanceFeeds.
The preceding version of all CQG Desktop was published about a month ago, introducing vertical and horizontal line markup tools (cursors) for graphs. That version also found the addition of a trading toolbar into the Spreadsheet Trader. This feature can be accessed from the activity menu.

In terms of trading, let’s note the developments to HOT. Two new buttons are added into the HOT button pub.
Selecting a symbol in the Spreadsheet Trader will induce the logo into the toolbar. Price, size, and sequence parameters may then be easily edited from the toolbar. And an arrangement could be initiated by the toolbar. Clicking on a cost in the dictionary will automatically push the symbol and the cost to the toolbar.

Display of balances was added into header bar, and usability in discovering columns and items has been improved.

Clicking the left button will compress the scale. The first click will probably remove costs between the best bid and ask. A second click will probably remove prices between resting orders in the DOM book. Clicking the proper button will enlarge the scale.

US authorities cast wider net in fight against binary options fraudsters

Sourced from: https://financefeeds.com/us-authorities-cast-wider-net-fight-binary-options-fraudsters/

Whereas the start of the trial against Lee Elbaz, the former CEO of Yukom Communications — provider of investor”retention” services for BinaryBook and BigOption, approaches, the amount of criminal cases related to these proceedings continues to grow.

The United States Department of Justice (DOJ) has released an update regarding Lee Elbaz’s case which continues in the Maryland District Court. Two additional associated cases have been registered in the District of Maryland. Both cases are pending before U.S. District Judge Theodore D. Chuang.

You can find at least three other cases related to the lawsuit against Lee Elbaz. Sentencing for defendant Mel was scheduled for June 17, 2019, at 2:00 PM. The situation against her proceeds in the Maryland District Court.
FinanceFeeds has got Court advice about Hadar along with Smith.

Lissa Mel was charged on November 16, 2018 by criminal information with one count of conspiracy to commit wire fraud. She had been formerly charged by complaint on September 13, 2018.
Arraignment was scheduled for March 14, 2019 at 9:30 am.
FinanceFeeds –

Arraignment has been scheduled for March 21, 2019 at 9:00 am.
From in or about November 2014 during or about August 2016, Hadar functioned as a sales agent for BigOption in Yukom.
From in or about August 2015 during or about January 2016, Smith worked as a sales agent or supervised BinaryBook agents at Numaris Communications. The latter was an Israel-based company that supplied sales and advertising services, including retention solutions for BinaryBook. Numaris co-ordinated its work with Yukom. In correspondence and other communications, Smith identified himself as an ‘specialist trader’ along with ‘senior agent ’ for BinaryBook.
The article US authorities cast wider net in fight against binary choices fraudsters appeared initially on FinanceFeeds.
According to the charges, Hadar and Smith conspired to commit offenses against the USA, to wit and cable fraud by way of materially false and fraudulent pretenses, representations and guarantees.  This was the intention behind the conspiracy for Hadar along with Smith and other agents of Yukom, Numaris, BinaryBook, BigOption and other entities to get maximum deposit from investors and to take steps to make certain that investors lost money in their accounts — consequently making cash for themselves and their brands from the procedure.

Lissa Mel is the Israeli citizen who’s alleged to have participated in a conspiracy to commit wire fraud in connection with the sale and advertising of binary choices. The conspiracy concerns two binary choices brands — BinaryBook and BigOption. There are lots of types of misrepresentations made by representatives of these”brokers” to investors, including misrepresentations regarding the suitability of binary choices because investments, as the deceptive use of”bonuses” and misrepresentations regarding the titles, location and qualification of agents”helping” traders. The Government has declared that this conspiracy resulted in more than 80 million in losses .

The criminal complaint from Lissa Mel, aka”Monica Sanders”, alleges she engaged in the conspiracy at least in or around May 2015 through at least May 2016.

Russian Court approves blocking of unlicensed Forex dealer website

Sourced from: https://financefeeds.com/russian-court-approves-blocking-unlicensed-forex-dealer-website/

There are only four accredited Forex dealers from the Russian Federation. In December 2018, the Russian central bank announced it was annulling that the Forex dealer enables of five firms, including neighborhood majors such as Alpari Forex and Forex Club LLC. The permits were taken away because of repeated violations of the Russian securities legislation by the Forex companies.

FinanceFeeds –

In light of those findings, the prosecutors office filed a complaint with the Court in Kazan requesting the Court determines the information disseminated through the Forex company ’s website as unlawful. The movement by the prosecution has been fully granted by the Court but the ruling has yet to come in to effect.

Russian information agency TASS has reported that the actions of the five firms that were slammed by the Central Bank of Russia were concentrated on competitive advertising and withdrawing Russian clients to overseas jurisdictions. This explanation has been provided by Larisa Selyutina, Head of the Securities Market and Commodity Market Department.
The article Russian Court Requires blocking of unlicensed Forex dealer website appeared initially on FinanceFeeds.

The investor, who employed the help of a Forex firm registered in Bulgaria, spent over RUB 4 million in forex trading. The business was not authorized as a Forex trader in Russia though it was offering Forex solutions to Russian clientele. The plaintiff dropped all of his investments with the broker allegedly because of spikes in the securities market.

Mr Chistyukhin said that the Russian legislation distinguish between an authorized entity and also a certified professional participant in the financial market. When the license of a participant is annulled this doesn’t indicate that the legal thing must stop its activities. This thing is not permitted to conduct certain operations but no one can order it to close its website. In addition, this thing may still appear in the search results provided by search engines.

A company whose Forex trader license is removed may keep its operations as a valid entity in Russia, since this is allowed by regulations.

“All companies whose licenses are revoked are’subsidiaries’ of big foreign forex traders with recognizable brands, working mainly in foreign currency markets. The decision to reverse is connected with the operator’s deep concern for huge dangers for Russian citizens by the firms’ activities,” Selyutina was quoted as stating.

Analyst: Biotech to Have ‘Eventful Year’ with Data Readouts in Three Indications

Sourced from: https://www.countingpips.com/2019/03/analyst-biotech-to-have-eventful-year-with-data-readouts-in-three-indications/

Also in the report, Arce temporarily outlined DURECT’s Q4/18 financials, suggesting revenue during the quarter was $3.6 million. At 2018, the company had $34.5 million in cash and cash equivalents, along with $20.5 million of money from a term loan.

Part A registration of average AH patients for your 90 mg dose continues. Both components could advance to the final 150 mg dose if the dose escalation committee decides the safety and pharmacokinetic profiles are adequate.

Psoriasis is your second sign for which DUR-928 data will be forthcoming. DURECT has scheduled enrollment for the Stage 2a proof-of-concept trial of topical DUR-928 for mild to moderate plaque psoriasis to begin at the end of the month. This 20-patient study will include four months of therapy, then a follow-up interval of exactly the identical duration.
One of those signs is alcoholic hepatitis (AH), which will be “emerging as a top priority sign for DUR-928,” mentioned Arce. Results later this year may come from a Stage 2a open label, multicenter dose escalation research now in progress.
)

None of those study analysts or the researcher’s household has a financial interest in the securities of DURECT Corporation (including, without limitation, any option, right, justify, future, long or short position).


Disclosure:
At February 28, 2019 neither the Company nor its affiliates beneficially own 1% or more of any class of common equity securities of DURECT Corporation.

Members or her of her household own securities of these businesses mentioned in the article: Not one. Members or her of her family are paid by these companies discussed in this article: Not one.
Two ) The following firms discussed in this post are equipping sponsors of Streetwise Reports: DURECT Corp.. Click on here for significant disclosures about sponsor fees.
3) Opinions and opinions expressed are those of their specific experts rather than of Streetwise Reviews or its officers. The information supplied above is for informational purposes only and is not a recommendation to purchase or sell any security.
4) The content does not constitute investment advice. Every reader is invited to talk to her or his respective financial professional and any action a reader takes as a result of information presented here is their own duty. By opening this site, every reader agrees and accepts to Streetwise Reports’ terms of use and complete legal disclaimer. This article isn’t a solicitation for investment. Streetwise Reports does not leave general or specific investment advice and the advice on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, goods, services or securities of any business mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officials, employees or associates of the families, as well as persons interviewed for interviews and articles on the site, might have a long or short position in securities mentioned. Employees, officers, employees or members of the immediate families are prohibited from making purchases and/or sales of these securities in the open market or otherwise from the time of their interview or the decision to compose an article until three business days after the publication of the interview or article. The foregoing prohibition doesn’t apply to articles that in substance only restate previously published firm releases.

Disclosures out of H.C. Wainwright & Co., DURECT Corporation, Earnings Update, March 8, 2019

From The Life Science Report
The research analyst primarily responsible for preparation of this report doesn’t receive compensation that’s based upon any specific investment banking services or trade but is paid based on factors such as total revenue and profitability of the Business, a significant portion of which comes from investment banking solutions.
The most recent news related to the study is from March 7, even when DURECT declared it had progressed the study to Part B, which is for severe AH patients in the 90 mg dose cohort. “The company decided to move forward in light of the “positive benefits in both moderate and severe AH patients who were awarded the 30 mg doses along with the rapid pace of enrollment in Section B, also ” the analyst wrote.
Neither the researcher nor the Firm has some material conflict of interest in of which the researcher knows or has reason to be aware in the time of publication of the study report.

I, Ed Arce and Thomas Yip, cautioned that 1) all of the viewpoints expressed in this report accurately reflect my personal views concerning any and all subject securities or issuers discussed; and 2) no part of my compensation was, is, or would be directly or indirectly linked to the particular recommendation or views expressed in this research report; and 3) neither myself nor any members of my family is an officer, director or advisory board member of these companies.

Source: Streetwise Reviews   03/12/2019
This California company anticipates results from clinical trials in liver disease and psoriasis at 2019.
Read what other pros are saying :

Fundamental Vs. Technical Analysis

Sourced from: https://www.countingpips.com/2019/03/fundamental-vs-technical-analysis/

Some dealers will say they trade completely , and just look at basic analysis for desktop. Others are going to mostly dismiss technicals and focus primarily on principles.
Evidently, both technical and fundamental analysis are important for trading. But when talking to experienced, successful dealers, there is often no agreement on what’s more important. Nor can there be a consensus on how much accent a new trader should put on each.

Day and Long-term Trading

On the other hand, demand for the money also affects its value in connection with others. If people buy or sell a great deal of the currency, it is going to change price. These moves trigger those peaks and valleys at the currency graphs and often aren’t associated with basic difficulties. Naturally, fundamental changes drive require. But, small changes in the money worth are frequently the product of who’s coming into the marketplace, and who is leaving.
That is what we call fundamental analysis. If a currency’s basic value changes due to a change in tax policy, economic scenario, trade agreement, etc. then the money pairs it is part of, will finally change.

Technical Changes

Once those buyers are tired, then the trader must provide a lower price to get more buyers thinking. That pushes the market down. Once the vendor has drained all the currency he wishes to market, anyone left that wishes to purchase will need to provide to buy at a higher cost. This sometimes happens in a matter of fractions of a second, based on the amounts.

On the flip side, if a nation manages its market nicely, the value of its currency can occasionally double or even triple over of a few years. You can find arguments for this might not be a great idea for trade balance reasons and deflationary pressures. However, it may also be an inevitability for your nation awarded economic realities, along with other specific conditions that might mean this kind of outcome was desired.
In the descriptions above, we could observe that fundamental analysis aligns a lot more with long term trading. Day dealers, on the other hand, are more interested in technical analysis. How long a dealer holds onto his place on average will normally dictate just how much focus he will have on basic analysis versus technical evaluation .

Who is perfect? Well, lots of that, obviously, has to do with fashion. Since novice traders aren’t often sure what style they should pursue, or what’s going to suit them best, it can be confusing. However, you can find general observations that may assist both budding and long-term traders understand why some concentrate more on principles and many others on technicals.
Long-term traders might use technical evaluation to determine the ideal moment to get into a longer-term trend they have identified with fundamental analysis.  Contrarily, day traders may use fundamental analysis to get an concept of the trend, but focus on technical evaluation for their unique trades.

The Basic Process

What pushes forex is changes in the costs of currencies relative to each other and that indicates changes in their value. Currencies change value with time primarily due to inherent economic, political and social factors.

Fundamental changes at the value of a money are often comparatively significant and take quite a while. The procedure for a state entering recession, as an example, usually takes a few months. And, in case it’s the sole real currency in that state, it can lead to significant fluctuations in the value of the money.
The market goes technically depending on the number of people willing to buy and sell at a particular time. If, for instance, someone wants to sell a certain quantity of a particular currency, they’ll sell to any accessible buyers in the current market price.

When there’s the expectation that the currency value will go down, more people come out there to market. This pushes down it, and then vice versa.

It Is About The Basics

Number of investment cases opened by Canadian Ombudsman rises in Q1 FY19

Sourced from: https://financefeeds.com/number-investment-cases-opened-canadian-ombudsman-rises-q1-fy19/

FinanceFeeds –


OBSI explained it had received many complaints from investors who used their credit card to buy binary choices. These investors later disputed credit card fees related to these transactions. They thought that because they did not receive the promised services (including the capability to draw their investment capital) the issuing credit card company should enable a chargeback or reversal of the fee. The Ombudsman found that the banks included were not responsible for the collapse of the chargeback request since they followed the standard chargeback policies and procedures.

Apart from common shares, investment products complaints varied only slightly from the typical over the past ten quarters.
Canadian investors are still targeted by binary choices fraudsters at the surface of the ban on the offering and marketing of those products. In a Bulletin published in August 2018, OBSI cautioned that binary options pose a systemic threat.
Suitability stayed the most frequently complained about investment dilemma in the election to end-January 2019, though such complaints dropped to 17 in comparison to this eight-quarter average of 21. The number of incomplete/inaccurate disclosure complaints also dropped, decreasing from an average of 8 complaints within the previous eight quarters to 3 ailments in the 3 months to January 31, 2019. .
Permit ’s recall thatin FY 2018, OBSI enrolled a 5% increase in cases started, from 721 from 2017 to 760 in 2018. Investment complaints dropped from 351 cases started in 2017 to 345 in 2018. Banking cases started continued a trend, rising from 370 in 2017 to 415 in 2018up 12% year over year.

In contrast to 2017, there were declines reported in the very best investment problems in 2018 in most categories except incomplete/inaccurate disclosure, which rose 17%. Cases associated with suitability of gross or leverage decreased 39% compared to 2017.

Resource: OBSI.
The amount of investment cases opened, however, increased over the eight-quarter average, from 87 opened cases into 97.
The sharp fall in bank and total cases started is due to the death of the Bank of Nova Scotia (BNS) and its subsidiary Tangerine at the conclusion of the 2018 year.

The post Number of investment cases opened by Canadian Ombudsman climbs in Q1 FY19 appeared initially on FinanceFeeds.

Japanese Candlesticks Analysis 14.03.2019 (GOLD, NZDUSD)

Sourced from: https://www.countingpips.com/2019/03/japanese-candlesticks-analysis-14-03-2019-gold-nzdusd/

Care!
NZDUSD

As we can see from the H4 chart, NZDUSD has rebounded from the support amount; right now, it’s being corrected and forming Harami, Doji, and Hammer change patterns. Depending on the prior movements, it can be supposed that after completing the correction that the tool may muster and continue its growth.

Article By RoboForex.com
Article From RoboForex.com

NZDUSD, “New Zealand vs. US Dollar”

GOLD
Forecasts presented in this section just reflect the author’s private opinion and should not be regarded as guidance for trading. RoboForex LP bears no obligation for trading results based on trading guidelines described in these analytical reviews.
As we can see in the H4 chart, XAUUSD continues increasing with slight pullback from time to time. At this time, the pair is forming Hammer and Inverted Hammer change patterns. Judging by the previous moves, it could be assumed that after finishing another pullback the tool might continue its ascending movement.

EURUSD: approaching the trend line from 1.1222

Sourced from: https://www.countingpips.com/2019/03/eurusd-approaching-the-trend-line-from-1-1222/

What should you look out for? Low volumes in case of a decline and rebounds out of the 22nd level. The bulls are attempting to keep the trend alive by keeping the speed over the 22nd level. In case it does not hold up, when the rate begins to rise again, we can look at least as far as the 45th degree.

Volatility about the pound has dropped on the rear of Brexit developments, which will be impacting other monies in turn. I have declined to create a forecast today because there’ll be an additional vote in parliament.
I wish to stress this sort of formation is very often viewed on cryptocurrencies, so there’s no guarantee that this will work for your euro. The pound has been shorted on the spans. In the time of writing, trading over the euro crosses is mixed.

The only currency has technically recovered to the 112th level, in which the bulls and the bears clashed. This is apparent from the higher quantity at the beginning of the US session. The bears tried to split 1.1310 (45th level ) for 4 hours. When the outcome of the votes on Brexit were shown , the euro jumped to 1.1338. The bulls were unable to divide the 112 — 135 level scope, so the situation currently favours the bears on the hourly timeframe.
Present situation:

  • 10:00 Germany: harmonised index of consumer prices (Feb).
  • 14:00 OPEC: monthly accounts.
  • 15:30 Canada: brand new housing price index (Jan).
  • 15:30 US: import price index (Feb), initial jobless claims (4 Mar).
  • 17:00 US: new home sales (Jan).

Previous:
I have marked the intraday swings on the graph between 1.1277 and 1.1388. This type of structure can be seen on cryptocurrencies. After this, if the rate drops below the 50 percent level, the profits made here would be erased entirely. For the euro, the 50% level is currently at 1.1307, which is below the trend line. As such, if this line is brokenup, presuming that extended positions will be closed, then we could set our sights on 1.1277, with 1.1285 (45 levels ) behaving as an intermediate support.

On Wednesday the 13th of March, the euro climbed to 1.1326 from the dollar. I was expecting a recovery to 1.1314, but information regarding Brexit pushed the rate up further to attain 1.1338. Market activity is usually low ahead of final time, but maybe not yesterday.

EURUSD H1

By Matthew Anthony, Alpari
The greenback fell on the back of votes from British parliament on the conditions of departure in the EU. The House of Commons voted against a no-deal Brexit. These days, the house will vote on delaying the date of exit to May or June.

SFC slaps more fines over sponsor failures – Standard Chartered, Morgan Stanley, Merrill Lynch targeted too

Sourced from: https://financefeeds.com/sfc-slaps-fines-sponsor-failures-standard-chartered-morgan-stanley-merrill-lynch-targeted/

The article SFC calms more fines on sponsor failures – Standard Chartered, Morgan Stanley, Merrill Lynch targeted overly appeared first on FinanceFeeds.

Merrill Lynch Far East Limited has been proven to have failed to discharge its responsibilities as among the joint sponsors in relation to the listing program of Tianhe Chemicals Group Limited in 2014.
In determining the punishment for Merrill Lynch, the SFC took into consideration that Merrill Lynch enabled Tianhe to restrain both the due diligence process and failed to take appropriate measures to cover the red flags raised in and after the client interviews. However, Merrill Lynch cooperated with the SFC in accepting the disciplinary action and the SFC’s findings and regulatory concerns. The company has also agreed to employ an independent reviewer to assess its own policies, practices and procedures in relation to the conduct of its host enterprise.

The SFC’s investigations concluded that Standard Chartered Securities had neglected to make reasonable due diligence enquiries in relation to a number of core elements of China Forestry’s company.
Shortly after declaring the disciplinary action against UBS today, the Securities and Futures Commission (SFC) has unveiled the imposition of fairly hefty penalties against many other banks over sponsor failures.
The SFC’s investigations showed that Merrill Lynch had neglected to follow the specific recommendations due diligence interviews under paragraph 17.6 of this Code of Conduct.
Morgan Stanley Asia Limited is fined for failing to discharge its responsibilities as among the joint patrons in regard to the list application of Tianhe Chemicals Group Limited at 2014. The SFC’s investigations decided that Morgan Stanley had failed to follow the specific instructions on due diligence interviews under paragraph 17.6 of this Code of Conduct.
FinanceFeeds –

In choosing the sanctions, the SFC took into account, inter alia, for example a sponsor, Morgan Stanley has a clean disciplinary record and the company participates with the SFC to solve the SFC’s regulatory worries.

In deciding on the sanctions, the SFC took into consideration that the deficiencies at the due diligence conducted by Standard Chartered Securities are significant, i.e. it’s failed to properly analyze and verify crucial aspects of China Forestry’s company such as its forestry assets, logging activities, insurance policy and clients. But, Standard Chartered Securities cooperated with the SFC in accepting that the disciplinary actions and the SFC’s findings and regulatory concerns.
The listings in the Heart of the regulatory matters issue China Forestry Holdings Company Limited and also Tianhe Chemicals Group Limited. Standard Chartered Securities has a fine of HK$59.7 million, Merrill Lynch Far East Limited will need to pay a penalty of HK$128 million, whereas Morgan Stanley Asia Limited got slapped with a fine of HK$224 million.