Crude oil futures settle at $70.56
Crude oil futures are settling at $70.56. That’s up $1.34 or 1.94% on the day. The low for the day…
Category: Technical Analysis
GBPUSD moves toward low from last week and 100 day MA/61.8% retracement
The GBPUSD is trading near its lows for the day and looks to test: Low from last week at 1.29729…
EURUSD retests low from last week
The EURUSD is testing the low price from late last Thursday at 1.08103. The low price just reached 1.08104. A…
NZDUSD to lowest level since mid-August
The USD continues to move higher today, and the NZDUSD is not missing out on the run higher. A chief…
AUDUSD moves to lowest level since September 11. Looks toward 50% and 200 day MA.
The AUDUSD traded above and below the 100-day MA last week at 0.9695. The price moved above the MA on…
European shares close lower. German DAX falls after closing at record high on Friday
The German Dax closed at record highs on Monday, Thursday and Friday last week, moving above the high close going…
USD higher. Yields higher. Stocks lower.
The USD is moving higher. Looking at the dollar index (DXY) the price is testing the 200 day MA at…
USDCHF tests 38.2% support. Will buyers hold support. EURCHF stays below 100/200 bar MAs
To start the new trading week, the buyers are holding onto control, but for the EURCHF, the sellers are holding…
Copper Technical Analysis – New easing measures from the PBoC trigger a rally
Fundamental Overview Last Friday, the PBoC announced new easing measures which included further rate cuts and stock buyback funding. Moreover,…
USDCHF Technical Analysis – The greenback remains supported on lack of catalysts
Fundamental Overview The lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum.…