Sergey Golubev / Blog
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...
The yen managed to gain some ground in a week that saw some fear return to the markets. What’s next for currencies? Public appearances from Yellen, Draghi and Carney, rate decisions in Japan and Canada and plenty of important US figures are the highlights of a busy week...
Some officials at the European Central Bank discussed the risks linked to the increasing popularity of complex computer programs that investors and others use to trade currencies, at an industry meeting held earlier this week...