Monday, October 15, 2018
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Dow Jones 12/10/18 | EconAlerts

Technical Analysis – Dow Jones bulls retake control

Dow Jones index (US 30) bulls retake control after sharp sell-off. The Dow Jones 30 index has plummeted considerably over the last couple of days, recording an almost three-month low of 24916. The sharp sell-off drove the index near the ascending trend line, however, the price turned higher after challenging the 200-day simple moving average (SMA),

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USD/CAD 12OCT2018 | EconAlerts

Technical Analysis – USD/CAD the bullish outlook remains

USD/CAD rally eases below short-term downtrend line. USD/CAD has eased back down again after finding resistance at the 23.6% Fibonacci retracement level of the up-leg from 1.2060 to 1.3385, around 1.3072. The price is paring some of the previous days' strong gains and remains in a short-term bearish bias, despite that it stands above the

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