Greg Michalowski

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Stock market update
Stocks Equities Europe IL
Stock market update

European indices close week on a down note

  • Major indices move lower led by the France's CAC.
News
US housing
News

Bad news for housing. The average rate on 30 year fixed mortgage rises to 6.41%.

  • Mortgage rates have moved up from just below 6% at the end of February
Technical Analysis
GBPUSD technicals
Technical Analysis

GBPUSD Technicals: The GBPUSD is breaking back below the lows for the day

  • The price is back below the lows from January at 1.3252. Stay below is the most bearish.
Technical Analysis
EURUSD technicals
Technical Analysis

EURUSD Technicals: The EURUSD corrects higher but runs into topside resistance

  • Pair briefly recovers in North American trading, but sellers remain in control below key resistance levels.
Technical Analysis
USDCAD
Technical Analysis

USDCAD Technicals: The USDCAD continues the run higher. Target area reached.

  • Buyers drive a three-leg rally, but a long-standing resistance zone could determine the next move
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