Trend Trading using TRS – Analytics & Forecasts – 11 August 2023

Trend Reversal Searcher (TRS) is an indicator for all types of Trend traders. It is used to search and spot the start and end of trends. To use this indicator, it is reccommended to use the following instructions;             Buy signal is generated when the signal line of the indicator

Argentina’s markets keep wary eye on primary vote after 2019 crash By Reuters

© Reuters. A man wearing a face mask as a protective measure against the coronavirus disease (COVID-19) walks past the entrance of the Buenos Aires Stock Exchange, a day after midterm primary elections, in Buenos Aires, Argentina September 13, 2021. REUTERS/Agustin By Walter Bianchi and Jorge Otaola BUENOS AIRES (Reuters) – Argentine traders are keeping

MULN stock trades around $1 level after 1-for-9 reverse stock split

Share: Mullen Automotive initiated a 1-for-9 reverse split that begins trading at new post-split price on August 11.  MULN share price closed at $0.1130 on Thursday but opens Friday at post-split price. Mullen stock needs to remain above $1 for at least 10 consecutive trading sessions to remain in compliance with NASDAQ exchange

Forexlive Americas FX news wrap: PPI rattles the bond market

Markets: Gold flat at $1912 US 10-year yields up 8.8 bps to 4.17% WTI crude oil up 35-cents to $83.17 S&P 500 flat GBP leads, NZD lags The final changes on the day and the headlines don’t capture what was a lively August Friday. The PPI numbers hit and were slightly stronger than expected. Normally

EUR/GBP fails to surpass the 100-day SMA amid GBP’s

Share: EUR/GBP retreated near 0.8630 after being rejected by the 100-day SMA at 0.8670. Q2 GDP data from the UK avoided stagnation, surpassing market expectations. Higher British yields help the Pound trade stronger against most of its rivals. In Friday’s session, the GBP traded with gains agains most of its rivals as the

US equities hit fresh lows: NVDA stock under pressure

Nvidia stock (NVDA) is leading a slump in the Nasdaq and has helped to push the index to the lows of the day. The high-flying chipmaker is among the most highly valued stocks in the world, and certainly the highest-valued big-cap tech company. It’s trading near 40x trailing sales and has been a major beneficiary