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Author: FX
The Heiken Ashi Smoothed and Intraday Channel Breakout Forex Trading Strategy combines two powerful tools for traders who are focused on capturing short-term trends in the market. The Heiken Ashi Smoothed indicator, an enhanced version of the traditional Heiken Ashi candles, smoothens price action to reduce market noise. This provides traders with a clearer view of the overall trend, making it easier to identify the direction of price movements. By eliminating minor fluctuations, it helps traders stay in positions longer, improving the accuracy of entry and exit points, especially in volatile intraday markets. On the other hand, the Intraday Channel…
Dec. 16, 2024 7:05 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, XLE, APA, XOM, DVN, DBO, UNG, FCG, USL, SCO, UNL, BNO, MPC, BOIL, KOLD, PSX, GUSH, DRIP, USOI, CO1:COM, NG1:COMBy: Carl Surran, SA News Editor SlavkoSereda/iStock via Getty Images Crude oil futures eased lower Monday on renewed concerns over the outlook for global energy demand after economic data in China showed retail sales growth weakening unexpectedly in November, as well as profit-taking following last week’s strong gains. China reported Source link
(Correct paragraph 17 to say Tice was taken captive in Daraya, not Aleppo) By Erin Banco and Jonathan Landay WASHINGTON (Reuters) -In the early days of 2013, an American man, dressed in ragged clothing, dodged between houses in the streets of Damascus’ upscale Mazzeh neighborhood looking for a civilian to take him to safety after more than five months of captivity in the concrete cells of a local prison. The man, journalist Austin Tice, was taken captive during a reporting trip to Syria in August 2012. A former Marine, he had managed to slip out of his cell, one current…
Canada fiscal updatemore to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link
The DXY trades slightly lower on Monday. Markets digest recent inflation data and strong S&P PMIs figures. Attention shifts to Wednesday’s Fed rate decision. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades slightly lower on Monday after a string of data and headlines placed added attention on the upcoming Federal Reserve (Fed) rate decision. The Greenback eases off last week’s strong rally as Chinese economic data and stimulus measures bolster risk appetites.Despite these developments, rising US Treasury yields help limit losses for the US Dollar, even as the market has…
The USDCAD is pushing higher, testing levels not seen since April 2020 at 1.4264. A break above this key resistance would open the door to the next target near the March 8, 2020 high at 1.4348.Since late September, the USDCAD has been trending steadily upward, starting from around 1.3425—a significant move that reinforces the adage: “the trend is your friend.” In strong trends like this, it’s critical to identify levels that need to be broken on the downside to signal that sellers are starting to regain control. Without those breaks, sellers are simply not winning, and the buyers remain firmly…
The Mexican peso draws some support from the softer US Dollar to return to the key 20.00 level. Investors are trimming US Dollar bets ahead of Wednesday’s Federal Reserve meeting. The USD/MXN is trading lower but might need an extra boost to breach the 20.00 level. The Mexican Peso (MXN) has given away the moderate gains seen at the week opening and is retreating again from the 20.00 level. The US Dollar (USD) has taken back lost ground following a soft week opening as US Treasury yields retreated from last week’s highs.In today’s economic calendar, US preliminary Purchasing Managers Index (PMI) data is expected to…
UAV (OTCPK:UMAV) announced a strategic reduction in its authorized share count. The firm said its board has approved a reduction in authorized common shares by 1.2 billion, bringing the total from 2 billion to 800 million shares. “Reducing our authorized shares reflects our commitment to disciplined financial management and our focus on enhancing shareholder value,” said CEO, Michael Lawson. Source link
PRINCETON, N.J.—Peter J. Mariani, the Chief Financial Officer of Cytosorbents Corp (NASDAQ:), recently acquired a substantial amount of the company’s common stock. According to a recent SEC filing, Mariani purchased 20,000 shares on December 13, 2024, at an average price of $0.9647 per share. This transaction amounted to a total value of $19,294. The purchase comes as the stock shows strong momentum, with InvestingPro data showing a 14.75% gain over the past week. The company, currently valued at approximately $55 million, has caught analysts’ attention with price targets ranging from $1 to $10 per share. The shares were bought in…
