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Author: Ron Acoba

PNB To Revisit Its 8-Year High?

Philippine National Bank or PNB in the Philippine Stock Exchange made an awesome 60% run in just 2 months. One of the reason for the sudden rise was the speculation of another bank’s acquisition on...

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The NZD/JPY Setup

The New Zealand dollar increased its value by 20% against the Japanese Yen (NZD/JPY) from 55.00 to 66.00 in less than a month. Afterwards it started consolidating sideways as seen in the 4-hour chart above. In the process, there...

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The Aussie To Rise Against The Yen?

My next for pick for the day is the Australian dollar against the Japanese yen. This forex pair broke out from a 3-week double bottom formation the other day as seen in its 4-hour chart above but hasn’t continued its swing...

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Are The Banco De Oro (BDO) Bulls Back?

Henry Sy-backed Banco De Oro Unibank, Inc. or BDO as it’s commonly known made some significant headway over the past two months. And it appears that BDO still has some more left in its bank for a move higher. The start of...

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Silver Corrects

From $17 a year ago, the price of spot silver rose to an all-time high of $49.78 yesterday way faster than gold’s ascend. One factor is the Middle East unrest and many people who find gold expensive are moving to silver...

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