The USDCHF moved lower/it moved higher.It is up testing 100/200 hour MAs & finding sellers
Overall for the week, the USDCHF is little changed with highs on Monday and Tuesday and the low for the…
Category: Technical Analysis
The JPY is the strongest and the AUD is the weakest as the NA session begins
The JPY is the strongest and the AUD is the weakest as the North American session begins. The USD is…
Crude Oil Technical Analysis – Consolidation ahead of the US NFP report
Fundamental Overview It’s been a rough week for crude oil as the price dropped more than 6% on renewed growth…
Russell 2000 Technical Analysis – Growth fears weigh on small cap stocks
Fundamental Overview This week the growth fears came back as the we got a couple of soft US data. Most…
Gold Technical Analysis – All eyes on the US NFP
Fundamental Overview Gold has been rallying steadily this week since bouncing from the bottom of the recent range. The soft…
EURUSD Technical Analysis – The greenback is back under pressure on soft US data
Fundamental Overview The US Dollar has come back under pressure recently as we got a couple of soft US data.…
Kickstart the FX trading day for Sept 5 w/a technical look at EURUSD, USDJPY and GBPUSD
In the Kickstart video for September 5, I take a look at the three major currency pairs from a technical…
Broadcom announces earnings after the close
Broadcom will announce earnings after the close. What is expected? EPS $1.22 Revenues $12.979 THe price of Broadcom – like…
USDCAD waffles above and below the 100 hour MA today. Traders await await the next shove.
The Bank of Canada cut rates by 25 basis points yesterday, but despite that cut, the CAD strengthened vs the…
Uh oh! Nasdaq index stalls the rally at the 200 hour MA today
Uh-Oh! The rise in the NASDAQ index today took the price to a high of 17295. That also extended briefly…