The Dow Jones Industrial Average is the second-oldest stock index in existence, started in May of 1896 by Charles Dow and Edward Jones. Dow was an editor at the Wall Street Journal at the time, and his associate Edward Jones was a statistician looking for a simpler method of tracking market performance. The duo had created the Dow Jones Transportation Index in 1886 largely based around railroads, but as the US economy was becoming more industrialized they sought out a better way to gauge overall ...
US Dollar Forecast: US Dollar Rally Poised to Continue as Market Sentiment Sours The US Dollar may continue to push higher as haven demand amid deteriorating market sentiment takes over from Fed policy bets as the catalyst du jour. British Pound Forecast: Oversold or Still in a Downtrend? There is an argument to be made that Sterling has suffered enough and that most, if not all, of the bad economic backdrop has been priced ...
What is RSI (Relative Strength Index)? RSI (Relative Strength Index) is counted among trading's most popular indicators. This is for good reason, because as a member of the oscillator family, RSI can help us determine the trend, time entries, and more. The Relative Strength Index (RSI) was developed by J. Welles Wilder to measure the speed and change of price movements. RSI oscillates and is bound between zero and 100. There are ...
US Dollar Forecast: US Dollar Gives Back Gains After NFP: Inflation Numbers on the Horizon The US Dollar started Q2 on a bright note, but a disappointing NFP report reversed a large portion of this week’s gains, and DXY remains near the 90.00 level as we approach the release of March inflation numbers. British Pound Forecast: Lack of Data Leaves Sterling Adrift Sterling traders will need to cognizant of developments in other ...
US Dollar Forecast: US Dollar on Offensive Before Fed Rate Decision. Will it Last? The US Dollar is on the offensive as traders brace for what could be a major hawkish policy pivot at the Federal Reserve. Will Jerome Powell and company deliver? British Pound Forecast: From Famine to Feast - BOE, Hard Data and Brexit Sterling traders will be happy to see a raft of potentially market moving releases and events next week after ...
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