Category Archive: Finance, No picture
AUD/USD Weekly Analysis – Thursday, Nov. 1
AUD/USD extended its upside movement from 0.7020 to as high as 0.7133. Further rally is still possible and next target would be at 0.7159 resistance. Support is located at the rising trend line on the 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.
Sensex Trades Lower; Infosys & Wipro Top Losers
Stock markets in India are witnessing selling pressure in the afternoon session. Among the sectoral indices, information technology and FMCG stocks are witnessing maximum selling pressure. While, capital goods and realty stocks are trading in green. The BSE Sensex is trading lower by 100 points (down 0.3%), and the NSE Nifty is trading lower by 30 points (down 0.3%). Meanwhile, the BSE Mid Cap index and the BSE Small Cap index are […]
Weekly Update: The 3 Largest Cryptocurrencies
With so much focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
AUD/USD Rebound Unravels Ahead Of RBA As CPI Report Fails To Impress
AUSTRALIAN DOLLAR TALKING POINTS AUD/USD quickly pares the advance from the 2018-low (0.7021) as updates to Australia’s Consumer Price Index (CPI) does little to alter the monetary policy outlook, and the exchange rate remains vulnerable going into the next Reserve Bank of Australia (RBA) meeting on November 5 as the central bank looks poised to carry the record-low […]
Key Support Levels For The Markets To Watch After This Bounce
Allison Ostrander, Director of Risk Tolerance and Options Specialist at Simpler Trading, joins me to discuss the key support levels she is watching for the US markets. With the breakdown in the markets getting a little reprieve today we still need to be aware of another pullback that could turn into much more. (Audio length […]
Weekly Heating Oil Prices – Wednesday, Oct. 31
We’ve used data from the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $3.37, unchanged from last week and up 8 cents since […]
Moving Averages: October Month-End Update – Wednesday, Oct. 31
The S&P 500 closed October with a monthly loss of 6.94% after a gain of merely 0.43% in September. All three S&P 500 MAs are signaling “cash” and four of five Ivy Portfolio ETFs — Vanguard Total Stock Market ETF (VTI), Vanguard REIT Index (VNQ), iShares Barclays 7-10 Year Treasury (IEF), and PowerShares DB Commodity […]
