Crude oil is trading lower and approaching a critical test of the 100-day moving average near the $65 level. A break below this moving average, …
Category: Technical Analysis
The USD is running to new lows vs all the major currencies: EURUSD: The EURUSD has moved above the swing high from last Wednesday, and …
The S&P index opened lower in early U.S. trading, weighed down by mounting concerns around corporate earnings, tariffs, and inflation. A weaker-than-expected Richmond Fed index …
Traders in the AUDUSD are misbehaving from a technical standpoint, with both buyers and sellers failing to follow through at key levels In the early …
The USDJPY has extended its decline, reaching down to test a key technical level — the 38.2% retracement of the rally from the July 1 …
The USDCAD fell to a new session low early in the North American session, briefly dipping below a swing level near 1.36697. However, the decline …
The USD is little changed vs the major currency pairs including the top 3- the EURUSD, USDJPY and GBPUSD. In the video above, I take …
Fundamental Overview Crude oil went into a more dormant state after the huge volatility experienced in June during the Israel-Iran conflict. As the market erased …
The dollar fell yesterday alongside a drop in Treasury yields, as markets are starting to gear towards choosing a side on what will happen on …
The AUDUSD opened the Asian session with a modest downward drift, but that weakness was short-lived. Price action found solid footing near the swing level …