Tag: 50day

April’s inventory earnings to look at: Shares close to 50-Day lows present potential upside

Attention-grabbing shares reporting quarterly earnings in April 2023As quarterly earnings Earnings ...

USD/CAD Reverses Ahead of 50-Day SMA to Eye Yearly High

Canadian Dollar Talking PointsUSD/CAD trades to a fresh weekly high (1.3808) as it extends the advance following the Federal Reserve rate decision, and the exchange rate may attempt to retrace the decline from...

AUD/USD to Track 50-Day SMA amid Failure to Test October High

Australian Dollar Talking PointsAUD/USD struggles to hold its ground following the kneejerk reaction to the Federal Reserve rate decision, and the exchange rate may track the negative slope in the 50-Day SMA (0.6539)...

Oil Price Holds Above 50-Day SMA to Eye October High

Crude Oil Price Talking PointsThe price of oil climbs to a fresh weekly high ($90.36) following an unexpected decline in US inventories, and crude may attempt to retrace the decline from the October...

Gold Price Falls Towards Monthly Low After Failing to Test 50-Day SMA

Gold Price Talking PointsThe price of gold carves a series of lower highs and lows despite the kneejerk reaction to the US Personal Consumption Expenditure (PCE) Price Index, and bullion appears to be...

USD/JPY Reverses Ahead of 50-Day SMA with Fed Rate Decision on Tap

Japanese Yen Talking PointsUSD/JPY rises for the second day following the kneejerk reaction to the US Personal Consumption Expenditure (PCE) Price Index, and the exchange rate may continue to retrace the decline from...

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