Category Archive: Finance, No picture
USD/CAD Rate Risks Larger Correction Ahead Of Canada CPI
CANADIAN DOLLAR TALKING POINTS USD/CAD pares the advance from earlier this month even as U.S. President Donald Trump tweets that Canada’s ‘Tariffs and Trade Barriers are far too high’, and recent price action warns of further losses as the exchange rate snaps the series of higher highs & lows from the previous week. USD/CAD RISKS LARGER […]
Forex Analysis Of GBP/USD For Tuesday, August 14
First, we look into the previous day trade and what happened on August 13, 2018, and the GBP/USD pair opened at 1.27452 and went high at 1.27892 and gone to low at 1.27333 and finally closed at 1.27599. The calculated pivot point for the day is 1.27608. The difference between high and low was nearly […]
Four Straight Days In The Red
My Swing Trading Approach I am coming into today 100% cash, I closed my one short position yesterday for a profit. I am not totally sure where this market goes from here. We could see a bounce, but there is also little support underneath until 2801 on SPX is reached. I plan to watch the […]
EUR/USD Recovery Proving Shallow Despite Rebound By Lira
USD/TRY REVERSAL BOOSTING MARKET SENTIMENT… The US Dollar (via the DXY Index) is set to lose ground for the first time after four consecutive days of gains, thanks in part to improved investor risk appetite around Tuesday’s trading session. With focus remaining on Turkey, a sharp reversal in USD/TRY has market participants hopeful that any economic or […]
E Forex Analysis Of USD/JPY For Tuesday, August 14
First, we look into the previous day trade and what happened on August 13, 2018, and the USD/JPY pair opened at 110.445 and went high at 110.906 and gone low 110.125 and finally closed at 110.628. The calculated pivot point for the day is 110.553. The difference between high and low was nearly 0.781 points […]
Gold Continues To Decline As The Dollar Strength Continues
The use of gold can be traced to the earliest manuscripts ever found. Its use as a prestige commodity and form of exchange is found in all these historic books. In the early 1900s, the world came to what was known the gold standard. During this time, gold was the only recognized means of exchanges. […]
EUR/USD Finds It Hard To Recovery Despite Turkish Calm, Good Data
The EUR/USD attempted to recover on some ease in the Turkish crisis and upbeat Greman GDP. The crisis is far from resolved and the US Dollar is on the march. The technical picture remains bearish for the pair which is still out of the oversold territory. The EUR/USD was trading at around 1.1400, paring earlier gains. Turkey […]
82 Firms Going Ex-Dividend Next Week, Including Target, Walgreens And Microsoft
There are several well known large cap stocks going ex-dividend next week including the following sixteen: Consolidated Edison, Kroger, Target, Invesco, Marathon Petroleum, Microsoft, Amgen, Duke Energy, Emerson Electric, Simon Property Group, United Technologies, AmerisourceBergen, Novo Nordisk, Southern Company, United Parcel Service and Walgreens. Ex-dividend dates are important to dividend investors because one must own a […]
Sensex Ends 207 Points Higher; Healthcare Stocks Witness Buying
Indian share markets continued to trade in the green during the closing hours of the trading session and ended the day on a positive note. Gains were largely seen in the healthcare sector, realty sector and energy sector. At the closing bell, the BSE Sensex stood higher by 207 points (up 0.6%) and the NSE Nifty closed higher by 79 points (up 0.7%). The BSE […]
E Forex Analysis Of EUR/USD For Tuesday, August 14
In Forex Trading, every day is not an independent day, it is an extension day of the previous day trading. First, we look into the previous day trade and what happened on August 13, 2018, and the EUR/USD pair opened at 1.13714 and went high at 1.14324 and gone to low at 1.13646 and finally […]
