Nasdaq looks toward 200 hour MA support target
The major US stock indices are tumbling to new lows. Dow industrial average is down 580.31 points or -1.35% at…
Category: Technical Analysis
Sellers in the GBPUSD push to modest support and remains below the 100 day MA
The GBPUSD moved below its 100-day moving average earlier today at 1.2963. The price also fell below the 61.8% retracement…
Apple falls on bearish iPhone sales commentary. Apple shares down -2.35%
Shares of Apple are moving sharply lower after MIng CHi Kuo a widely followed analyst of Apple projects that iPhone…
NASDAQ index is down 1%. Dow industrial average is down -0.88% is McDonald's slumps.
US stocks have extended their fall with the NASDAQ index now down 1% on the day. The Dow industrial average…
Bank of Canada rate decision ahead. What technical levels are in play for the USDCAD?
The Bank of Canada rate decision will take place at 9:45 AM ET. The expectations are for a 50 basis…
USDCAD little changed after interest-rate decision
The Bank of Canada cut right by 50 basis points which was as expected. The central bank wants to keep…
The USD continues its run to the upside led by the USDJPY. US stocks lower. Yields higher
The forex markets has the USD moving higher as the NA sesssion begins. The moves are being led by the…
Nasdaq Technical Analysis – The consolidation continues amid lack of catalysts
Fundamental Overview The Nasdaq has been consolidating around the all-time high as the lack of catalysts and the pressure from…
S&P 500 Technical Analysis – Lack of catalysts keeps the market rangebound
Fundamental Overview The S&P 500 has been consolidating around the all-time high as the lack of catalysts and the pressure…
NZDUSD Technical Analysis – New highs in Treasury yields boost the USD further
Fundamental Overview The USD continues to reign supreme despite the lack of catalysts. The main culprit for the recent strength…