DriveWealth Partners with BitPay, Enables Customers Fund the Accounts with Bitcoin Claiming to be an easy to use, goal-oriented investing platform that allows users access their investments anytime, anywhere using the mobile app, DriveWealth has partnered with leading Bitcoin payment processor BitPay. In the announcement the company ...
US Dollar Forecast– Dollar’s Six-Month Bull Trend Rides on FOMC The Dow Jones FXCM Dollar Index (ticker = USDollar) dropped this past week for the first time since the mid-October, market-wide slump. British Pound Forecast – British Pound May Finally Mount a Sustained Recovery versus USD The British Pound finished the week modestly higher but continued to trade in a tight range versus the US Dollar. Japanese Yen Forecast – USD/JPY Outlookto Remain Bullish ...
US DOLLAR TECHNICAL ANALYSIS – Prices moved lower as expected after prices put in a bearish Evening Star candlestick pattern. A daily close below the 23.6% Fibonacci retracementat 11379 exposes the 38.2% level at 11291. Alternatively, a turn above the 14.6% Fib at 11434 opens the door for a challenge of the December 8 high at 11522. ...
EUR/USD's rebounded last week indicated short term bottoming at 1.2246. Further recovery could be seen back to 1.2599 resistance. Considering bullish convergence condition in daily MACD, break of 1.2599 will be the first sign of medium term bottoming and bring stronger rebound to 1.2886 key resistance next. On the downside, break of 1.2246 is needed to confirm fall resumption. Otherwise, we'd expect more corrective trading ahead. ...
• This Week Was A Stark Reminder Of How Fast Good Stock Markets Can Turn Bad (Business Insider) but see It’s the waiting part that’s hard (Above the Market) • ‘My seven biggest investment regrets’ (Telegraph) • 122 Things Everyone Should Know About Investing and the Economy (Fool) • Some Cheerful Signs in the Labor Market, Even for Those Not Now Looking (NYT) • The spending bill includes a huge insurance industry giveaway too (Mother Jones) see ...