Category: averages
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The USDCAD tries to keep a short term negative bias below a cluster of moving averages
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As the week comes to a close, it is important to take a look at the USDCAD currency pair with an eye to the week ahead. This week, price action became more volatile on Wednesday thanks to the FOMC decision on interest rates. The initial move was to the downside,…
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The USDCAD tries to keep a short term negative bias below a cluster of moving averages
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As the week comes to a close, it is important to take a look at the USDCAD currency pair with an eye to the week ahead. This week, price action became more volatile on Wednesday thanks to the FOMC decision on interest rates. The initial move was to the downside,…
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Real estate stocks edge down, while major market averages gain marginally (NYSEARCA:XLRE)
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the horror Real estate stocks fell in the week ending June 21 after mixed economic data and the latest housing market update, while the major market averages rose marginally. Selected Real Estate Sector Fund SPDR Fund ETF (NYSEARCA:XLRE) I finish Shortened vacation week 0.13% Lower at $38.48. The fund posted…
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EURUSD falls below key moving averages and sees increased selling pressure.
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EURUSD breaks lower and moves away from the 100/200 hourly moving averages Admittedly, EURUSD is trading near the middle of the range between 1.0550 and 1.0743. The range has been in effect for the last 6 trading days or so. When the market moves up and down, moving averages move…