From the weekly charts it seems that stochastic is oversold. any move above this region and we might have a revival in USD trends.
SPY
The recent down trend have mad investors cautious, but stochastic is still at overbought region. it could remain overbought for some time, but at this juncture we could be in for a correction that would take us to the 26 week or 50 week ema. Read more...Long Term Weekly Trend:
USD
From the weekly charts it seems that stochastic is oversold. any move above this region and we might have a revival in USD trends.
SPY
The recent down trend have mad investors cautious, but stochastic is still at overbought region. it could remain overbought for some time, but at this juncture we could be in for a correction that would take us to the 26 week or 50 week ema. Read more...
From the weekly charts it seems that stochastic is oversold. any move above this region and we might have a revival in USD trends.
SPY
The recent down trend have mad investors cautious, but stochastic is still at overbought region. it could remain overbought for some time, but at this juncture we could be in for a correction that would take us to the 26 week or 50 week ema. Read more...
