Major European indices are closing up sharply in trading today. For Spain’s Ibex, it is closing up around 1.36% near 13504.31. That is a new …
Category: Technical Analysis
Copper futures have extended to a new record high on the Comex exchange today, surging to $5.2145 per pound, driven by fears Pres. Trump may …
The AUDUSD has shown a constructive technical shift, breaking above both the 100- and 200-bar moving averages (blue and green lines on the chart below) …
The data out over the US today was mostly on the weakest side: Philadelphia Fed nonmanufacturing tumbled to -32.5 from -13.1 last month Consumer confidence …
The NZDUSD continues to draw strong support from the 200-bar moving average on the 4-hour chart, currently at 0.5707. Today marked the fourth successful test …
The USDCAD pair encountered firm resistance at the 100-hour moving average, currently near 1.4329, halting the latest bullish push. The inability to break above this …
The USDCHF continues to trade with a bearish bias, failing to sustain upside moves above resistance targets. Yesterday, the price briefly moved above last Thursday …
The USD is lower vs the 3 major currency pairs. The EURUSD is higher after an early European session move to the downside stalled near …
The AUDUSD has seen two-way price action today, with a push lower during the North American session followed by a modest rebound. After falling to …
The NASDAQ index is extending to a new session high with us in our to go in trading. The high price just reached 18182.22. That’s …