Sergey Golubev / Blog
The EUR/USD pair tried to rally during the course of the week, but as you can see gave back quite a bit of the gains in order to form a shooting star. Nonetheless, the market seems to be stuck between the 1.35 level as support, and the 1.37 level as resistance...
Athlete IPOs. This year, San Francisco 49ers star tight end Vernon Davis IPO’d. Fantex Brokerage Services agreed to buy a 10 percent cut of all Davis’s future earnings for $4 million...
The Dow Jones 30 as you can see fell during the bulk of the week, but did find a little bit of support at the 16,800 level in order to form a slightly supportive looking candle. It’s not quite a hammer, but close enough in our opinion...
This week, the USD was generally weaker, especially after the FOMC meeting minutes were released. Interestingly though, the minutes focused on ending QE, which carries a hawkish tone. At the end of the week, we are seeing USD take back some of those losses...
Investing is, admittedly, a difficult undertaking. You hope to make the right choices, and to grow your money without taking undue risks. That feeling feeds a curious response, as researchers have discovered. We tend to favor stocks issued in our own country. Of course, you might say...
In U.S. trading, USD/CAD was up 0.62% at 1.0716, up from a session low of 1.0631 and off a high of 1.0723. The pair was likely to find support at 1.0631, the session low, and resistance at 1.0752, the high from June 25...
A study of analyst recommendations at the major brokerages shows that Commercial Metals Co. (NYSE: CMC) is the #29 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel...
Billionaire activist investor Carl Icahn said on Thursday that it is time for investors to tread carefully after the run-up in U.S. stock markets. "In my mind, it is time to be cautious about the U.S. stock markets," Icahn said in a telephone interview...
Most people who are new to the forex markets make lots of mistakes when they first start to trade. They trade without a plan, they trade the wrong markets, at the wrong times and they often put too much or too little risk on any one trade...