US 500 stock index pauses decline near 100-SMA, but negative risks remain Breaking above 5,600 could positively impact buying sentiment The US 500 stock index maintained support close to its 100-day simple moving average (SMA) for a second consecutive day, raising hopes that the current bearish phase may soon diminish. From a technical perspective, there are still some […]
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EURUSD plunged to a six-month low of 1.0543 on Friday amid strong support for the US dollar following the US presidential election and recent comments from Federal Reserve officials. Federal Reserve Chair Jerome Powell’s recent Read more…
USDCAD snaps long-term range above 1.4000 Bulls may take a breather; overall outlook remains bullish USDCAD enjoyed a lovely session on Thursday, and it even found fresh buying interest to tick to a new four-year high of Read more…
Market Picture The cryptocurrency market continues to cool for the third day in a row, falling 1.7% in the last 24 hours to $2.92 trillion. This is a retest of the lower end of a Read more…