The German index has rallied a bit during the trading session on Tuesday as the markets continue to hover around the 50 day EMA. The 24,000 euro level just above is a bit of a large round psychologically significant figure and a barrier. So, with that being the case, I think if we can get…
The US dollar has seen a bit of drifting to the downside in the USD/MXN pair. The Mexican peso has be gaining against the US dollar for some time, as we have been in a downtrend. The interest rate differential favors Mexico, so this makes sense from trend standpoint. This trend has been fairly reliable…
Insider selling, excessive valuations, and negative earnings over the past five years are significant red flags. Is more downside ahead for Atlassian?
The US dollar initially rallied against the Canadian dollar on Tuesday but then gave back gains to show there is still a bit of hesitation at the moment, as there are a lot of questions about the Federal Reserve and what its plans are for interest rates going forward. Furthermore, there are some questions as…
The S&P 500 has been very quiet in premarket trading as we are in a region that I think is going to end up being sideways action in general. This does make a certain amount of sense, considering that the market has been in a very strong uptrend for quite some time, and of course…
The USD/SGD is near the 1.28900 vicinity in early trading this morning, less than one hour after the U.S government shutdown officially began. Trading action has been calm thus far as financial institutions maneuver.