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The U.S. dollar was first designated as the world’s currency in the 1944 Bretton Woods Agreement, and it is the most powerful currency in the world. It’s backed by the world’s largest economy, the United States. The strength of the U.S. economy supports the dollar’s use as a global currency. Much of the world’s oil and gas […]
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A rising 200-day moving average suggests a long-term bullish trend, while a falling 200-day moving average points to a long-term bearish trend. It is the shorter-term moving average that is used to gauge the recent trend of a security. Historically, technical analysts have used the Death Cross as one of many tools to predict future […]