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S&P500 Technical Analysis: US Stocks recovering from last week crash as the market holds above 2,800.00 figure

The S&P500 ended the day virtually unchanged above the 200-day simple moving average. Bulls managed to recover losses made earlier in the day suggesting that further advances can be on the cards. The RSI, MACD and Stochastic indicators are slowly recovering from oversold conditions suggesting potential bullish momentum.  Resistance to …

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US Dollar Index Technical Analysis: DXY bounces from the 100-day simple moving average and is about to end the day just below 95.65 key level

The US Dollar Index (DXY) moved sharply higher this Wednesday as it is set to close the day just below 95.65 multi-month resistance. DXY is trading above its relatively flat 50, 100 and 200-period simple moving averages (SMA) while the RSI and Stochastic indicators are trading above the 50 line …

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US Dollar Index Technical Analysis: DXY bounces from 100-day simple moving average and is about to end the day just below 95.65 key level

The US Dollar Index (DXY) moved sharply higher this Wednesday as it is set to close the day just below 95.65 multi-month resistance. DXY is trading above its relatively flat 50, 100 and 200-period simple moving averages (SMA) while the RSI and Stochastic indicators are trading above the 50 line …

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