• Overnight Market Snapshot – August 30, 2013

    Overnight Market Snapshot – August 30, 2013

    Philippine-related shares like the iShares MSCI Philippines Index ETF or EPHE (+ 3.88%) and the Philippine Long Distance Company ADRs or PHI (+ 3.10%) surged during last night’s session in the US. The US equity markets (DJIA +0.11%, S&P 500 +0.20%, Nasdaq +0.75%) rose yesterday on news the its GDP for the second quarter has

  • Short Opportunity On Loonie-Yen Pair?

    Short Opportunity On Loonie-Yen Pair?

    August 28, 2013 (8:30 pm) – The CADJPY pair has rallied after it has fallen to a low of 92.27. However, the pair might see a resistance at its previous support at around 93.25. A presence of a hidden bearish divergence where the price marks lower highs while its stochastics draw higher highs plus an

  • Lucio Tan Group (LTG) & Gt Capital Holdings (GTCAP) To Join The PSEi

    Lucio Tan Group (LTG) & Gt Capital Holdings (GTCAP) To Join The PSEi

    BREAKING: Manila Electric Company (MER) and Belle Corporation (BEL) will be replaced by Lucio Tan Group, Inc. (LTG) and GT Capital Holdings, Inc. (GTCAP) in the PSEi effective on the close of September 16, 2013. Expect some buying activity on LTG and GTCAP and selling on MER and BEL in anticipation on the changes in

  • Overnight Market Snapshot – August 28, 2013

    Overnight Market Snapshot – August 28, 2013

    BREAKING: Philippine shares went on a free fall in last night’s trading. The iShares MSCI Philippines Index ETF which tracks the MSCI Philippines Index and a leading indicator of the Philippine Stock Exchange Index or the PSEi fell by 8.00%. ADRs of the Philippine Long Distance Company also went on a nosedive by falling 8.96%.

  • Overnight Market Snapshot – Auguts 27, 2013

    Overnight Market Snapshot – Auguts 27, 2013

    The US equities markets remained in red last night as the DJIA, S&P 500, and Nasdaq fell by 0.43%, 0.40%, and 0.01%, respectively, on news that the US will hold Syria accountable for the recent domestic chemical attacks in the latter’s country. Emerging market shares were not spared as iShares MSCI Philippines Index Etf or

  • Overnight Market Snapshot – August 22, 2013

    Overnight Market Snapshot – August 22, 2013

    Equity markets in the US have continued to slip (DJIA -0.7%, S&P 500 -0.58%, Nasdaq -0.38%) last night. Emerging market shares like the iShares MSCI Philippines ETF (-2.35%) and PLDT Adrs (-0.77%) have fallen in red as well. Note that while the Philippine stock market has been closed since Monday due to a storm and

  • USDCHF Poised For More Upmove

    USDCHF Poised For More Upmove

    August 15, 2013 (10:10 pm) – The USDCHF pair appears to be on the verge of completing an inverted kilroy pattern (commonly known as inverted head and shoulders) in its 4-hour chart. If the US dollar extends its gains against the Swiss franc and the pair successfully moves above its 0.9400 resistance then it may

  • Nice 1-hour Set-up On The CHFJPY

    Nice 1-hour Set-up On The CHFJPY

    August 8, 2013 (4:35 pm) – The CHFJPY pair has slipped to a low of around 104.40 after breaking below its previous low of 105.00. The pair, however, has rallied and made a ‘return move’ or a ‘throwback’ back to its former support at 105.00. As expected, the previous support switched its role to resistance

  • Overnight Market Snapshot – August 7, 2013

    Overnight Market Snapshot – August 7, 2013

    The US equities markets (DJIA -0.6%, S&P500 -0.57%, Nasdaq -0.74%) including emerging market shares like the iShares MSCI Philippines ETF (-1.80%)and PLDT Adrs (-0.89%) closed in red following last night’s session. Yesterday’s drop in the US may lead to a further dip in today’s trading in the PSEi. Need help in analyzing this data? Join

  • Will The USDJPY Rally?

    Will The USDJPY Rally?

    August 5, 2013 (3:48 pm) – After breaking out from a rectangle or box pattern and reaching a high of around 99.80, a weaker-than-expected NFP report in the US caused the USDJPY pair sharply fall. At present, the pair again is exchanging around its previous trading range’s resistance. If the 98.40 level revises its role