The Accumulative Swing Index (ASI) was originally developed by J. Welles Wilder and described in detail in his book “Concepts in Technical Trading” published in 1978. The ASI was derived from Wilder’s ...
The foreign exchange (forex) market, also known as the currency market, is an interesting space for investment opportunities. It undeservedly has a bad reputation, as the online space is cluttered ...
NEW YORK, Feb 23 (Reuters) - The U.S. dollar index was on track for its first weekly fall in 2024 on Friday as investors took a breather from buying the currency following an almost two-month rally ...
NEW YORK, Aug 28 (Reuters) - The dollar briefly hit a nine-month high against the Japanese yen on Monday and dipped against a basket of currencies, as investors waited on key data due later this week ...
I wrote on 20th April that the best trades for the week would be: 1. Long of the EUR/USD currency pair. Unfortunately, it fell by 0.24% over the week. 2. Short of the USD/JPY currency pair.
LONDON, April 4 (Reuters) - The dollar was trading at a five-week high against a basket of currencies on Friday, as investors positioned themselves for robust U.S. non-farm payrolls data later in the ...
The Producer Price Index for final demand increased 0.3 percent in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices declined 0.1 percent in ...
Andrew Michael is a former Deputy Editor at Forbes Advisor. He is a multiple award-winning financial journalist and editor with a special interest in investment and the stock market. His work has ...