In this new article from our series, we will learn a new technical tool that can be used in our favor especially if we combine it with other technical tools. We will learn how to create a trading system by the Bear's Power technical indicator. As we do in our article in this series that we try to understand the root of things to use them in an effective way. more...
But making Johnson & Johnson an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of JNJ entered into oversold territory, changing hands as low as $167.41 per share. more...
[QUOTE=TheNews;161004] The Federal Open Market Committee (FOMC) Minutes may drag on the US Dollar should the central bank show a greater willingness to implement smaller rate hikes. The daily price is on ranging near and around Weekly Pivot at 105.88 for the possible bearish rebersal to be started or for the bullish trend to be continuing. Conslusion: neutral waiting for direction. more...
The fundamental forecast for the Euro next week is neutral as the US CPI bounce fades. The daily price is on ranging near and below Ichimoku cloud for trying to cross the resistance level at 1.0368 to above for the primary daily bullish reversal. Alternatively, the price will be on secondary ranging waiting for the direction of the strong trend to be started. more...
Reflecting a sharp pullback in prices for fuel imports, the Labor Department released a report on Friday showing U.S. import prices fell by more than expected in the month of July. more...
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