Sunshine Profits

Bitcoin has been denying the bullish outlook of investors for some time now. At the moment, the currency is in a particularly important zone. One specific move out from this area could result in...

The U.S. stock market indexes lost between -0.1% and -0.5% on Wednesday, as investors reacted to the Fed's interest rate hike announcement. The S&P 500 index is still close to its mid-March local...

The recent growth acceleration in the EU could distract attention from problems of the common bloc. Fortunately, you can always count on Italy. Whenever you start thinking that only bright future is...

Over the weekend, Swiss voters rejected the campaign to radically alter the banking system, while President Trump withdrew his support for the joint statement of G7 and arrived in Singapore for an...

Crude oil moved significantly lower after topping at long-term retracement levels and since the monthly decline took place on big volume (biggest in almost a year), the black gold should move lower....

Next week, the ECB will hold its monetary policy meeting. The bank was expected to start winding down its stimulus program at the end of 2018. However, Italian turmoil led some analysts to think that...

Italy has a new government! On Thursday, law professor Giuseppe Conte was appointed prime minister with support from the League and the Five Star Movement. The leaders of Italy’s populist...

Gold, silver and mining stocks moved higher once again Tuesday and the former even managed to move above the declining trend channel. Breakouts are bullish and thus the outlook for gold improved...

On the macroeconomic front, the rapid strengthening of the U.S. dollar has been the most important development since the latest edition of the Market Overview. Let’s mull over the reasons behind...

There seems to be some respite for Bitcoin traders. It might be tempting to take this breather as a sign of the tide turning. We highlight the reasons why you probably shouldn’t.In the last...

Gold moved lower in May and it’s also down in June, but the price action is far from being spectacular. The overall volatility is still very low and the situation in the precious metals sector...

Wednesday’s rally that followed Tuesday’s reversal gave hope for a sustainable move higher. But only to those, who focus on the daily price movement only, without taking bigger picture...

The Italian title of today’s Gold News Monitor means “goodbye gold, dollar is strong.” Is that really true? Let’s analyze the implications of the recent Italian turmoil for the...

The euro plunged, the USD Index soared and gold… just stayed put.. There was no meaningful action except for the big intraday volatility that ended in a rather small decline. Can one infer...

As bitcoin is going down, we’re seeing more and more information on how the currency is in a precarious position or how the prospects of the currency is bleak. But what interests traders the...

In previous alerts, we let you know that crude oil was becoming increasingly bearish and that it was not yet bearish enough to justify any action regarding price. The risk was still too high and we...