Tag: Technical

Fundamental and technical agreement on a rising US dollar

  • USD/CAD gains 1.4% on the week, highest close since August 3
  • Pandemic down channel from March broken with Monday surge
  • USD/CAD participates in general US dollar recovery in the major pairs
  • FXStreet Forecast Poll predicts consolidation not strong gains in USC/CAD

The US dollar returned to the offensive this week with a successful assault on the six-month old descending channel that began in the COVID-19 panic in March.

 Monday’s open at 1.3204 coincided with the upper border of the channel and after a brief dip to 1.3171 the pair moved to and through the limit, paused at 1.3240 and then continued straight to 1.3300 and the Monday close at 1.3307.  After Tuesday’s consolidation and close at 1.3304 the efforts in the three final sessions were almost identical with closes of 1.3387 on Wednesday and 1.3362 on Thursday.  Friday’s end at 1.3388 brought the USD/CAD to its highest conclusion since August

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Where’s the Stock Market Headed Into Year-End? A Technical Look and Strategy

The stock market is a never-ending marvel. It never ceases to amaze new students and long-time observers and analysts alike. It has captured my interest since I was ten years of age when my late Uncle Sydney showed me how to read the Wall Street Journal.

While the securities business and stock trading has changed dramatically over the 50 years I have been involved there have been some constants that have marked tops and bottoms if you look close enough and learn to be flexible.

The U.S. stock market has been in a secular uptrend since the end of 2008/beginning of 2009. A secular uptrend comprises a number of cycles to the upside. There was a secular bull market from 1982 to 2000 where the DJIA rose some 1,400%. This current secular uptrend has further to go after this medium-term top runs its course.

A Kitchin cycle of 40

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City and Sea Group Celebrates 10 Years of Trusted Technical Services and Effective Planning & Engagement

THE WOODLANDS, Texas, Sept. 9, 2020 /PRNewswire/ — CAS Group, a trusted partner for successful project delivery, is celebrating its 10-year anniversary.  In 2010, the founders set out with a vision to provide excellence in urban planning, coastal & marine engineering projects, and infrastructure delivery ranging from ports to LNG marine terminals, transportation to waterfront development, power plants to industrial facilities, disaster recovery to coastal protection systems. The firm has been an integral part of the delivery of over $2 billion worth of projects and involved in the development of an additional $4 billion

Company founder and president, Jennifer Lindbom commented, “It’s gratifying to be recognized by the industry for our collaborative, proactive, and insightful expertise.  CAS Group was founded a decade ago, but the beginnings truly started years prior.  SVP Majid Yavary and I have brought our life’s passions to our professions. We work tirelessly to help

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Technical glitches disrupt classes as students take classes online

  • As many students went back to school online on Tuesday, they were met with technical glitches that disrupted their learning. 
  • The online learning platform Blackboard, which serves more than 20 million US students reported that websites for one of its learning products were failing to load or were loading slowly, and users were unable to register on the first day of school.
  • Other sites like Google Drive also crashed. 
  • Visit Business Insider’s homepage for more stories.

HOUSTON (AP) — Students across the US ran into computer glitches Tuesday as they began the school year with online instruction at home because of the coronavirus, adding to the list of problems that have thrust many a harried parent into the role of teacher’s aide and tech support person.

The online learning platform Blackboard, which provides technology for 70 of the nation’s 100 biggest districts and serves more than 20 million US students

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