GBPUSD is pressing to new lows, breaking through a series of key technical levels that had previously offered support: The 200-bar moving average (4-hour chart) …
Category: Technical Analysis
As the headlines come and go, the EURUSD technicals remain the same. The 100-hour MA continues to hold support. That MA comes in at 1.0931. …
Major US stock indices have snapped back higher. The White House is saying that Pres. Trump is mulling a 90 day tariff delay with the …
The NASDAQ index has gapped below the 50% midpoint of the move up from the October 2022 low, which comes in at 15146.70. Also clustered …
The USDCAD has moved higher in trading today but the price action is up-and-down. Technically, the price is back above the lows from February 25, …
The US yields are moving higher with the 2 year near unchanged at 4.66% (was down -19.8 basis points at low of 3.446%), and the …
The Trump Dump continues with global indices lower. Nevertheless, the premarket levels in the US are off their worst levels if that is a consolation. …
Fundamental Overview The USD has had some mixed performance since the tariffs announcement although overall it’s been marginally stronger except against the safe havens like …
The price of WTI crude oil is settling at $61.99 down $4.96 or 7.40%. The price of crude oil was it this week on the …
The GBPUSD is trading to a new low for the day and new low for the week. The price has now broken below the low …