USD/NOK is oversold on several parameters

The standout technical signal on a USD/NOK 4hr chart is a plunge of the RSI below its 25% threshold.At the same time, negatively aligned 50- and 200-period moving averages point at a continued USD/NOK depreciation, with recent declines locking the RSI below the 50% mark. Worth mention is the 70 ...

AUD/JPY buyers stood their ground

The recent AUD/JPY decline has pushed the daily MACD line below zero.Momentum traders following this technical signal will now more confident that serious inroads to the AUD/JPY downside can be achieved. Long-term sellers should find comfort in the fact that this signal hasn't occurred for mor ...

The week closed with a Doji in USD/SGD

The emergence of a Southern doji pattern on the USD/SGD weekly chart suggests a certain degree of exhaustion in this market.ADX readings above 30 indicating a strong trend coupled with the RSI below 40% strengthen the argument a reversal from oversold territory is now likely.Southern doji candle ...

USD/JPY lurched lower and hesitated

A harami cross pattern unfolded on the USD/JPY daily chart turning the intermediate trend from bearish to neutral.The pattern occurs within the context of deteriorating prices unfolding with the daily stochastic (14,3,3) tracking below 20. From here on, this oscillator could easily react with an ...

Peru stocks lower at close of trade; S&P Lima General down 0.02%

Investing.com – Peru stocks were lower after the close on Friday, as losses in the Non-Metal Minerals, Industrials and Mining sectors led shares lower. At the close in Lima, the S&P Lima General declined 0.02%. The best performers of the session on the S&P Lima General were Candente Copper ...

Bitcoin at new all-time high above $3500

The BTC/USD pair continued to push higher on Friday, refreshing its record high at $3580 while gaining more than 4.5% on Friday. The pair was last seen trading at $3578. Moreover, the current market cap of bitcoin is now at $59.3 billion according to the latest available data on coinmarketcap.com ...

Wall Street pares gains as geopolitical tension remains high

After starting the day on a high note, major equity indexes in the U.S. struggled to build on their gains as the escalating tension between North Korea and the United States forced investors to take some profits off the table heading into the weekend. Although today's weaker-than-expecte ...

Top 5 things that moved markets this past week

Investing.com – Take a peek at the top 5 things that rocked U.S. markets this week. Inflation, where art thou’? Data this week showed the slowdown in inflation continued unabated, after U.S. consumer and wholesale inflation undershot forecasts, narrowing the Federal Reserve’s case for a third ...

Brazil stocks higher at close of trade; Bovespa up 0.55%

Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Consumption, Industrials and Real Estate sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 0.55%. The best performers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 5.66% or ...

Mexico stocks lower at close of trade; IPC down 0.51%

Investing.com – Mexico stocks were lower after the close on Friday, as losses in the Materials, Telecoms Services and Industrials sectors led shares lower. At the close in Mexico, the IPC fell 0.51% to hit a new 1-month low. The best performers of the session on the IPC were Bolsa Mexicana De ...

Canada stocks lower at close of trade; S&P/TSX Composite down 0.27%

Investing.com – Canada stocks were lower after the close on Friday, as losses in the Healthcare, Telecoms and Materials sectors led shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.27% to hit a new 6-months low. The best performers of the session on the S&P/TSX ...

Intuitive Surgical plans three-for-one stock split

Investing.com - Intuitive Surgical Inc (NASDAQ:ISRG) announced that its Board of Directors has approved a three-for-one split of the company's common stock. The split is subject to shareholder approval. Shareholders will vote on the split at the Special Meeting of Stockholders, which is currentl ...

S&P suffers weekly loss amid ongoing US-N.Korea tensions

Investing.com – U.S. stocks posted a weekly loss despite closing in positive on Friday, as ongoing U.S. and North Korea tensions limited gains while inflation data for July fell short of expectations, lessening the case for a third rate hike later this year. U.S. President Donald Trump issue ...