Technical Analysis AUDUSD tips below the 100/200 hour MAs Posted onJuly 5, 2023 The AUDUSD has moved below its 100 and 200-hour moving averages at 0.6660. The current price trades just below the level of 0.66577. The low …
Technical Analysis Crude oil settles at $71.79 Posted onJuly 5, 2023 WTI crude oil futures are settling at $71.79. That’s up an even $2 on the day or 2.87%. The high price today reached $72.17. The …
Central Banks FOMC Minutes: Some participants favored or could have favored 25 bps hike Posted onJuly 5, 2023 Those favoring hike noted tight labor market, stronger economic momentum and little evidence of inflation on path to 2% Fed staff saw mild recession likely …
Central Banks FOMC minutes coming up at 2 pm ET Posted onJuly 5, 2023 The Minutes of the June meeting are due at the top of the hour. Look for hints about a July hike and talk about the …
Technical Analysis USDCAD buyers took a shot at the upside and failed Posted onJuly 5, 2023 The USDCAD fell to – and through – the 200-hour MA (and a swing area between 1.3207 – 1.32299) yesterday, but failed. The price rebounded …
Technical Analysis EURUSD trades to a new low. Price is below the 38.2% retracement. Posted onJuly 5, 2023 In the earlier video (see below), on the EURUSD I spoke to the 200-hour MA above and the 38.2% below. The price needed to get …
Technical Analysis USDJPY snaps back higher after break of 200 hour MA fails Posted onJuly 5, 2023 The USDJPY fell below the 200-hour MA earlier today (see earlier video HERE). That MA is the green line in the chart above. That break …
Technical Analysis AUDUSD lower on the day after squeeze higher post RBA decision yesterday stalls Posted onJuly 5, 2023 The Reserve Bank of earlier in the change and go to sleep 10%Australia kept rates unchanged yesterday at 4.10%. There were some expectations for a …
Technical Analysis GBPUSD buyers try to take more control.Find out what is key for the buyers to keep pushing Posted onJuly 5, 2023 The GBPUSD buyers are trying to take more control in trading today after a dip lower found buyers against a key hourly MA. More specifically, …
Technical Analysis USDJPY sellers break below a key hourly MA for first time since June 14 Posted onJuly 5, 2023 The USDJPY is trading within a narrow trading range, but sellers are making a play to the downside in early US trading with the price …
Technical Analysis EURUSD range trading with some common technical levels defining the range Posted onJuly 5, 2023 The EURUSD is range trading as US trader return from the 4th of July holiday. The range is being defined by some fairly common technical …