The U.S. Stock market jumped on Friday after growing optimism that the U.S. is finally reaching to a debt deal.
The NAS100 might retrace this week since it deviated significantly from the mean.
Labor data this week will have an impact on stocks. That's late on Friday. For now high volatility is expected with no sharp upward moves....
Yesterday, the index did not break important support levels to signal
that a retracement will eventually take place, unlike today.
It might reverse even before the NYSE opening. Recent volatility does not technically support
further rapid movements upwards without significant retracements.
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Information Regarding Important News and...
After the Labor Data for both the US and Canada, the CAD appreciated greatly causing the pair to move rapidly downwards.
This shock lasted for long and was not intraday. The pair found a good support eventually showing signs of a retracement.
Breaking the resistance levels near 1.33865 will probably push it to the next resistance and 61.8% retracement level as...
