The S&P is trading to new lows and 6615.71, and in doing so is dipping just below the 200 hour moving average at 6616.42. Concerned …
Category: Technical Analysis
The EURUSD raced higher with the dollar selling after US China tensions increased with Pres. Trump saying that massive tariffs would need to be imposed …
The AUDUSD has been trading in a choppy up-and-down range today, but pressure is building as the North American session sees fresh intraday lows. The …
The NASDAQ index is trading at a new all-time high, up 95 points (0.41%) at 23,117.55. The S&P 500 is also higher by 26 points …
The USDCHF began the week by basing on Monday and Tuesday near last Friday’s lows. Holding that level gave buyers the confidence to push higher. …
The USDCAD moved sharply lower following stronger-than-expected Canadian jobs data. Employment rose 60.4K vs. 5K expected, with the unemployment rate steady at 7.1%. The breakdown …
In other news, The shortlist for Fed Chair has reportedly been narrowed down to Bowman, Waller, Hassett, Warsh, and Rieder, according to CNBC sources. While …
Fundamental Overview We had a wave of profit-taking yesterday on gold and other precious metals that wasn’t triggered by any clear catalyst. Maybe silver making …
Gold’s rally has been relentless, surging above the $4,000 mark and reaching as high as $4,059.31. The price came close to that peak twice this …
The AUDUSD has seen a volatile, back-and-forth session, but in the last several hours the downside has taken control. The selling pressure pushed the pair …