SPX index price prediction (my bullish and bearish orientation)
SPX outlook: critical levels to watch for traders and investors The SPX price index is navigating a crucial technical landscape,…
Category: Technical Analysis
USDJPY dip holds above the 100 hour MA
The USDJPY moved lower in the US session but after getting within 11 pips of the rising 100 hour MA.…
EURUSD falls back below the 200 hour MA after break higher fails
The EURUSD moved higher in the early European market and in doing so, extended above the falling 200-hour MA (green…
US stocks extend fall. Nasdaq down over 2%. Dow down -1%
The major US stock indices are continuing their slide with NASDAQ now down -2.10% at 19,600. S&P is down -1.40%…
AUDEUSD skims along near th e low for the year.
The AUDUSD moved higher in the early Asian trading after the Christmas hiatus and the move higher took the price…
GBPUSD stays below the 100 hour MA today. Bears stay in control.
While UK traders celebrate Boxing Day, the GBP/USD is under pressure, falling to new session lows and extending its decline…
EURUSD trades to new highs and back above the 50% midpoint on the daily chart
The EUR/USD is edging higher, reaching a new daily high while breaking above the 50% midpoint of the trading range…
The USDJPY is testing the high from last week
The USD/JPY is trading at a new high for the day, reaching last week’s peak of 157.918—the highest level since…
What is moving the market? Where is the market going?
Christmas Eve in the US will include a shorten day in the US. The stocks will close early at 1…
EURUSD lower on the day and below the 50% midpoint of the range since 2022
The EURUSD moved higher on Friday but stalled at 1.0446. That was just short of a swing level on the…