Author: admin

The USDCAD moved above the 38.2% retracement of the move down from the May 2023 high at 1.3306. On the hourly chart, the buyers have …

The price of WTI crude oil futures are sharply lower and in the process has broken below its 200 are moving average at $79.52. However …

The NASDAQ index is down close to 2% on the day and in the process tests the 14,000 area. That area is a key technical …

The AUDUSD has moved below a key swing area on the daily chart below 0.65468 up to 0.65847 (also watch 0.6566 between that areas). The …

The USD is moving higher and that has sent the EURUSD, USDJPY and GBPUSD to the next key targets. US yields are moving higher and …

The USDCHF is moving to a new session high, and in the process is extending above its 50% midpoint of the move down from the …

The major US indices are moving lower. The Fitch downgrade is an excuse to push lower from elevated levels. The NASDAQ is leading the way …

The GBPUSD initially moved higher after the initial downgrade, but found willing sellers near the 61.8% retracement of the move up from the end of …

The USDJPYs initial reaction off of the Fitch downgrade was to the downside in the US dollar. The price fell toward a swing area between …

The EURUSD moved higher after the Fitch US debt downgrade and in the process extended back toward its 100-hour moving average (blue line in the …