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Cyclical analysis supports the dollar index bearish trend
We talk about dollar index or index of the value of the U.S. dollar in relation to a basket of foreign currencies: - Weight about 57% Eur - Weight about 13 Jpy - Weight about 12% Gbp - Weight about 9% Cad - Weight about 4.2% Sek - Weight 3.6% Chf It 's been a...
Overview Market Close – March 05, 2019
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,121.28 -969.58 -3.58% S&P 500 INDEX 3,023.94 -106.18 -3.39% NASDAQ COMPOSITE INDEX 8,738.59 -279.49 -3.10% NYSE COMPOSITE INDEX 12,593.03 -416.93 -3.20% S&P/TSX COMPOSITE INDEX 16,553.99 -225.54...
Seven Emergency Rate Cuts
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The prices aluminium rebound
The prices aluminum rebound, producing a false break down of the support in the $1700 ares. Positive elements for a new reaction are: - False break down of $1700 (Chart 1); - On a weekly basis prices are creating a "bullish Engulfing" (this week's candle body encloses...