Following the bullish RSI divergence, the price subsequently climbed from the 38.2% Fibo and met a target set on the 21-DMA (green on the chart below). The continued climb took the 21-DMA into the confluence of the 23.6% Fibo of the same range guarding 126.45 Christmas time double bottom. However, so far, it is...
Options-based funds offer succor to investors wary of volatility
The Federal Reserve's pivot on tightening U.S. monetary policy this year and a change in a bond market gauge that is often viewed as a harbinger of a recession pose a dilemma for investors: how to...
The U.S. threatens to strengthen sanctions against the banking, energy, defense Russian sectors
U.S. Republican and Democratic senators will introduce legislation on Wednesday seeking to deter Russia from meddling in U.S. elections by threatening stiff sanctions on its banking, energy and defense industries and sovereign debt. Known as the “Deter Act,” the legislation...
Junk bonds suggest U.S. stocks may have further to run
U.S. stocks just wrapped up their best quarter in nearly a decade, coming within a stone's throw of a record high.
USD/CAD Technical Analysis: Greenback constrained below 1.3360 resistance
USD/CAD daily chart USD/CAD is trading in a bull trend above its main simple moving averages (SMAs). USD/CAD 4-hour chart USD/CAD is trading The post USD/CAD Technical Analysis: Greenback constrained below 1.3360 resistance appeared first on FXCM News .
Investors sell U.S. stock funds despite best quarter since 2009
Investors pulled a net of nearly $11 billion in assets out of mutual funds and exchange-traded funds that hold U.S. equities last week, the largest retreat from domestic stocks since the final week...
Day Ahead: Top 3 Things to Watch
Day Ahead: Top 3 Things to Watch The post Day Ahead: Top 3 Things to Watch appeared first on FXCM News .
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.15%
U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.15% The post U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.15% appeared first on FXCM News .
Canada stocks higher at close of trade; S&P/TSX Composite up 0.10%
Canada stocks higher at close of trade; S&P/TSX Composite up 0.10% The post Canada stocks higher at close of trade; S&P/TSX Composite up 0.10% appeared first on FXCM News .
USD/CHF Technical Analysis: Swissy in the middle-of-nowhere
USD/CHF daily chart USD/CHF is trading in a sideways trend just below the parity level. USD/CHF needs a bullish break above 1.0005 resistance to r The post USD/CHF Technical Analysis: Swissy in the middle-of-nowhere appeared first on FXCM News .