Talking Points: The USDCHF break has run into the 200 Day Moving Average.Potential buyers could enter upon a confirmed break above the 200 Day MA.Sentiment has been indecisive all week, not giving us a clear reading. The 200-Day Simple Moving Average The 200-Day Simple Moving Average is one of the most popular indicators in the world. When price breaks through a 200 MA on a daily chart, it can often be seen as a topic of conversation on financial news ...
Tonight, Narendra Modi will be sworn in as India’s new Prime Minister. And there is no shortage of advice on what he should do once he takes power. Today, India’s daily newspapers and the world’s financial press have been publishing articles telling the new man in charge just what he needs to do to help India reach its potential, and there are some common themes. As context, it’s worth noting what the stock market tells us about expectations: Mumbai’s benchmark Sensex index rose 15% ...
Bullish USD/JPY Outlook to Deteriorate Further on Less-Dovish BoJ Fundamental Forecast for Japanese Yen: Neutral Japan GDP Trumps Estimates, USD/JPY Targets 99.44 if Support Broken Price & Time: Watching & Waiting in the Yen The USD/JPY extended the decline from earlier this month, with the pair slipping to a fresh low of 101.30, and the Bank of Japan (BoJ) interest rate decision may continue to ...
Is Your Financial Advisor Conflicted? Watch out: that broker-sold mutual fund or IRA rollover move might not be in your best interest. Why? Broker-dealers must have reason to believe that an investment they recommend is suitable for you. By contrast, a registered investment adviser is held to a higher “fiduciary” standard of putting clients’ best interests first. In advance of new proposed Department of Labor rules to protect retirement savers from salespeople expected ...
Please check out the updated BBands_Stop and BBands_Stop Histo indicators for the new MT4.
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