The GBP/USD is under pressure as the US Dollar gains strength across the board and worries about Brexit consume the Conservative Party. Where next for the Pound? Recovering may be hard, and falling is more natural. The Technical Confluences Indicator shows that Sterling has noteworthy support only at 1.2984 where we see the confluence of the Fibonacci 61.8% one-month and the Simple…
The GBP/USD is under pressure as the US Dollar gains strength across the board and worries about Brexit consume the Conservative Party. Where next for the Pound? Recovering may be hard, and falling is more natural. The Technical Confluences Indicator shows that Sterling has noteworthy support only at 1.2984 where we see the confluence of the Fibonacci 61.8% one-month and the Simple…
Tuesday’s Swing-Trades: Long Jacobs Engineering Group (JEC) Long Gilead Sciences (GILD) Short Party City (PRTY)
Tuesday’s Swing-Trades: Long Jacobs Engineering Group (JEC) Long Gilead Sciences (GILD) Short Party City (PRTY)
S&P 500 The S&P 500 rallied during the day on Monday on news that the United States and Canada reached a trade agreement. This was a very strong sign for markets, and of course, it was one of the things that some traders had been worried about. However, towards the end of the day, we…
S&P 500 The S&P 500 rallied during the day on Monday on news that the United States and Canada reached a trade agreement. This was a very strong sign for markets, and of course, it was one of the things that some traders had been worried about. However, towards the end of the day, we…
Get ready, gold bulls: The precious metal could be close to finding a bottom. The price of gold fell back below $1,200 an ounce again last week as the U.S. dollar advanced following another federal funds rate hike. The precious metal logged its sixth straight month of declines, its longest losing streak since 1989….
Get ready, gold bulls: The precious metal could be close to finding a bottom. The price of gold fell back below $1,200 an ounce again last week as the U.S. dollar advanced following another federal funds rate hike. The precious metal logged its sixth straight month of declines, its longest losing streak since 1989….
Treasury yields went up across the curve throughout the third quarter of 2018. Once again the rate move was led by the front end of the yield curve, with Treasury bills and notes out to three years experiencing the largest increase in yield. The longer-dated Treasuries were not far behind, with the 10-year Treasury holding…
Treasury yields went up across the curve throughout the third quarter of 2018. Once again the rate move was led by the front end of the yield curve, with Treasury bills and notes out to three years experiencing the largest increase in yield. The longer-dated Treasuries were not far behind, with the 10-year Treasury holding…
