The tech-heavy NASDAQ index is under heavy pressure today, led by sharp declines in semiconductor stocks. Sentiment has soured following news that Nvidia will take …
Category: Technical Analysis
The AUDUSD has extended to a new session high, reaching 0.6388—a level that aligns with swing highs from March 18 and April 4. This area …
The Bank of Canada kept rates unchanged. That took the price below the 100 hour moving average of 1.39144, but the low price at 1.3882 …
The USDCHF has been choppy over the past four trading days, bouncing between support and resistance levels since bottoming near 0.8100 last Friday. The pair …
At 9:45 AM ET, the Bank of Canada (BoC) will announce its rate decision (see Adam’s preview here). The outcome is uncertain, with markets split …
The USD is lower versus the three major currencies – the EUR, JPY and GBP.. This video takes a look at the technicals that traders …
After the strong rally triggered by Trump’s pause in the reciprocal tariffs, the S&P 500 hasn’t done much as the price just consolidated below a …
Fundamental Overview The USD remains under pressure against most major currencies although the fundamental backdrop remains unclear. The most popular narrative is that everyone is …
The price of WTI crude oil is settling lower by -$0.20 at $61.33. The current price is trading a little higher at $61.44. Yesterday, the …
The NZDUSD has made a significant technical move today, climbing above the 200-day moving average for the first time since October 9, 2024. This long-term …