The price of crude oil is higher on the day but well off the high levels. The weekend’s OPEC+ decision to raise output by 137,000 …
Category: Technical Analysis
The AUDUSD pair is up 0.50% on the day, supported by stronger commodities and a softer U.S. dollar. Gold is higher by $54 (1.52%), while …
The USDCAD moved lower alongside broader U.S. dollar weakness today, but buyers stepped in at a familiar support zone. The pair tested the 200-bar moving …
Gold has hit a new record, up $52 to $3638 as it’s gone parabolic since breaking the April-Sept range. The chart pretty much speaks for …
The USDCHF has been grinding steadily lower today after an early test of resistance in the Asian session. The pair briefly pushed up to 0.79948, …
The GBPUSD extended to a fresh high not seen since August 18, with the latest peak reaching 1.35558. That move briefly surpassed Friday’s post-employment high …
The USDJPY surged in early trading following the resignation of Japan’s Prime Minister Ishiba over the weekend. From Friday’s close at 147.382, the pair spiked …
The EURUSD is seeing a modest bounce from Friday’s closing levels. Recall that the pair surged sharply on Friday but gave back some of those …
The USD is mostly lower to start the US trading day/week (the exception is the vs the JPY after Prime Minister Ishiba’s resignation) after the …
Fundamental Overview Crude oil looked set for a rally into the 70.00 level last week after some key technical breakouts but eventually dropped all the …