Biz Direct MarketKnowing When To Make A Good Decision

The FBMKLCI managed to inch up higher last week but still short of the 1,300 points expected target. Last week, the benchmark index went as high as 1,279.52 points and closed at 1271.75 points Thursday. One a week-to-week basis, the index rose 17.79 points or 1.4%, slightly higher than the increase in the previous week. On Thursday, there is evidence of support when the market rebounded in the

The long term potential for Gold is higher than what well discuss in this article. My primary purpose here is to identify and confirm trend, and determine as best we can the logical price targets for gold during the month of November. The market continues to be very bullish, although there is evidence of temporary weakening momentum.Click HERE to continue reading this analysis and forecast by

Is EUR/USD ready for a big swing down?I ask myself that question because this currency pair appears to be sitting at an important crossroad. Its received some support from a six-month old rising trend line and hasnt moved far from there for several days.On October 26th, it completed a five wave move up that began on August 17th/09. Generally after five waves a fairly large correction can be

After a strong performance in the past few months, the Vietnam equity market went into a correction in the last week of October. Despite the bullish trend, the momentum was weak, as indicated by the momentum indicators last month. The benchmark VN Index in Ho Chi Minh found resistance at 633.21 points on the 23rd of October and pulled back to close at 587.12 points. On month-to-month, the VN

The equity market rebounded technically on the 30-day moving average after correcting from a high of 1270.44 points about three weeks ago to a low of 1233.45 points last week Monday. The low was exactly on the short term 30-day moving average and the FBMKLCI is currently at 1,253.96 points. The market was bullish the whole of last week with fresh news from the US economic data which shows further

The price of crude oil broke above the resistance level of the immediate down trend channel on the 9th October. End September, the price of crude oil was at US$66 and was expected to rebound, as I have commented last month. Oil went above the resistance level at $72 and rallied to $81 before settling at $77 on 30th October. The short term 30-day moving average which was declining last month has

In the newsletter we use several varieties of chart displays. This includes two colour candle stick charts produced with GTE charting. The standard candle display with Metastock and many other US derived programs is to give a four colour candle chart. This, along with our recent articles on candle stick trading methods, has prompted many questions from readers so we look at the differences

The market went into a profit taking mode after the tabling of the National Budget in the previous Friday which most investors see as moderate and balanced for the economy but little for the equity market. The equity market pulled back last week after the benchmark FBMKLCI failed to extend gains after three consecutive weeks of increase with a lower trading volume of 945 million shares averagely

After making a new high since June last year at 1,270.44 points, the FBMKLCI pulled back to close at 1260.02 points on Thursday with a relatively lower volume. The benchmark index still managed to close positively from last week with a modest gain of 13.16 points or 1%. There were profit taking activities in the past two days but the pressure was not high to cause the market to decline