Major stock indices continue to get hammered led by the NASDAQ index which is down near 2%. The S&P index is down -1.4%. Major indices …
Category: Technical Analysis
EURUSD initially moved lower following softer inflation data from France and Spain, as well as a rise in Germany’s unemployment rate and jobless claims—factors that …
The narrative for USDCAD hasn’t changed much—I’ve been saying it for a while now: we’re stuck in the “Red Box.” That range has contained most …
The technical outlook for NZDUSD remains largely unchanged. Since March 20, price action has been confined to a narrow range between 0.8796 and 0.8850—a seven-day …
The EURUSD is lower after weaker German jobs picture and lower inflation in France. The GBPUSD is also lower anc cracking below its 100 hour …
Fundamental Overview The USD performance has been mixed this week amid general uncertainty ahead of the April 2 tariffs plan announcement. The greenback got a …
The Bank of Mexico (Banxico) delivered a widely expected 50 basis point rate cut, bringing the benchmark rate down to 9.00% in a unanimous decision. …
The AUDUSD continues to coil between key technical levels, as traders await a decisive breakout. For most of the day, the pair has traded in …
The price of WTI crude oil is settling at $69.92. That’s up $0.27 or 0.39%. The high price reached $69.97. The low price was at …
The GBPUSD has been in a steady uptrend since bottoming at 1.20987 on January 13, a low that aligned closely with support levels from September …