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Category: Forex Short News

Technical Analysis
Forex Short News, Technical Analysis

Gold has its best week since since the March 2023

Posted onApril 11, 2025

The price of gold continued it run to the upside, for the third week or oh extended above a topside channel trendline. That trendline cuts …

Technical Analysis
Forex Short News, Technical Analysis

Crude oil futures settled $61.50

Posted onApril 11, 2025

The price of crude oil futures are settling at $61.50. That is up $1.43 or 2.3%. The high price today reached $61 in a seven …

Technical Analysis
Forex Short News, Technical Analysis

Nasdaq held 200 week MA this week. Back above the 100 week MA

Posted onApril 11, 2025

The low price in the NASDAQ this week stalled at 14,784, just above the 200-week moving average, which currently sits at 14,616.37. Notably, this isn’t …

Forex Short News
Central Banks, Forex Short News

Collins: Fed ‘absolutely’ ready to help stabilize markets if needed

Posted onApril 11, 2025

An interview with Collins is out in the FT. I take her comments to signal that the Fed would be there if things got disorderly …

Forex Short News
Forex Short News

Bitcoin rises to the highs of the week

Posted onApril 11, 2025

I’m increasingly open to the idea that bitcoin could disconnect from the risk trade in light of risks around the US dollar and turmoil in …

Forex Short News
Forex Short News

Trump said to have assured CEOs that a policy pivot on tariffs is underway

Posted onApril 11, 2025

Charlie Gasparino from Fox Business is out with an interesting tweet: CEOs are speaking with the White House on the trade war; one told me …

Forex Short News
Forex Short News

Trump has made it clear he is open to a deal with China – White House

Posted onApril 11, 2025

This is a positive comment as the US tries to find a way to bring down tensions with China. For now, it doesn’t look like …

Forex Short News
Forex Short News

Don’t drill baby: Baker Hughes sees US park 9 rigs

Posted onApril 11, 2025

Oil rigs -9 to 480 Gas rigs +1 to 96 With oil falling into the 50s this week, I think it cements that US oil …

Forex Short News
Forex Short News

US stock markets get a bid as yield come in

Posted onApril 11, 2025

US 30-year yields are down 12 basis points from the highs and now trading lower on the day. That turnaround is salvaging global risk sentiment …

Technical Analysis
Forex Short News, Technical Analysis

EURUSD backs off after approaching topside target. Key support eyed on the retracement.

Posted onApril 11, 2025

The EURUSD surged higher today, breaking above both the 2023 swing high and the 61.8% retracement of the decline from the 2020 high — a …

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