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Audusd trades to new low for the year, but momentum fades. can buyers take back control?

The AUDUSD traded to a new low for the year, falling below the end of May low at 0.64587. However momentum quickly faded and the price started to ...

August 14, 2023, 3:35 pm

Efa: the anti-technology and dollar play

iShares MSCI EAFE ETF offers exposure to over 800 stocks across Europe, Australia, Asia, and the Far East. Diversifying outside the US S&P 500 has und...

August 14, 2023, 7:16 am

For the eurusd in trading today it is above the 100 hour ma above and the 100 day ma below

Yesterday the 100-day moving average held support near session lows during training yesterday, and the price r...

August 8, 2023, 9:41 pm

Canada was on holiday on monday but that did not stop the usdcad from reaching a key level

Canada was on holiday on Monday, but that did not stop the pair from moving up to test its 100-day moving average. The level came in at 1.3398 and the...

August 7, 2023, 9:52 pm

Eurusd dips back below its 200 hour moving average at 1.1001

The EURUSD broke above its 200-hour moving average for the 1st time since July 20 during Friday's trade and extended upward toward the high from last ...

August 7, 2023, 1:55 am

Audusd breaks higher but upside move is fading

The AUDUSD followed the trend in the US dollar to the downside, but Azucena reversal over the last few minutes. Technically the price moved above its ...

August 4, 2023, 2:07 pm

Nasdaq peak? time to rotate into the russell 2000 small cap index

It's been a banner year for the benchmark indexes like the Nasdaq 100 Invesco QQQ ETF NASDAQ: QQQ, which is up 45%, despite the special rebalancing, o...

August 1, 2023, 8:36 am

Eurusd finds willing sellers against the 100 hour ma to start the trading week

The EURUSD has seen down-and-up trading to start the new trading week. The move to the downside and the Asian session installed ahead of its 61.8% ret...

July 31, 2023, 12:47 pm

The dow string of 13 higher closes is in jeopardy of ending today. what next?

The Dow has moved higher for 13 consecutive days. Today the price made a new highs going back to February 2022, but has ...

July 27, 2023, 7:07 pm

Gbpusd sellers reestablish control after move higher fails

The GBPUSD is lower on the day after a move back above the 50% retracement in the European session (at 1.2866). The price has ...

July 24, 2023, 2:37 pm

Amgen: huge potential with biosimilars and glp-1

Amgen is now down nearly 20% since last November as money continues to rotate from defensive sectors in...

July 24, 2023, 12:38 pm

Friday’s market minute: risk appetite for equities remains intact

The year-to-date rally in equities has largely been underpinned by big tech companies that are taking a breather as institutional funds ...

July 24, 2023, 11:14 am

Wti crude oil futures for september settle at $77.07

The price of WTI crude oil futures is settling near the high for the day at $77.07. That's up $1.42 or 1.88%. The low for the day was at $75.69.The cl...

July 21, 2023, 6:40 pm

Usdcad trades down and back up. above the 100/200 hour mas, but work to do.

The USDCAD traded in a relatively narrow trading range this week with the price reaching the week's high on Tuesday. That move took the price above th...

July 21, 2023, 3:22 pm

Usdjpy breaks above the 140.00 level. what next?

The USDJPY is breaking above the 140.00 level. There was a bunch of option expiry's at the 140.00 level today and after 10 AM ET option expiration tim...

July 20, 2023, 2:33 pm

Bst: a potential beneficiary as technology turns volatile

BlackRock Science and Technology Trust is a closed-end fund that primarily invests in equity securities issued by U.S. and non-U.S. science and techno...

July 20, 2023, 1:54 pm

The usdjpy moves higher helped by boj ueda comments, but technically some issues

The USDJPY moved higher helped by comments from BOJ's Ueda who seem to support continued yield curve control. The BOJ will announce her latest interes...

July 19, 2023, 1:27 pm

Usdcad buyers had their shot above 200h ma/50% retracement and missed.its the sellers turn

The USDCAD has seen buyers in the early North American session take the price higher and above its 200-hour moving average of 1.32314, and 50% midpoin...

July 18, 2023, 3:00 pm

Gold – edges lower after failing at $1,960 but recovery over?

Gold pares gains after post-inflation bounce US yields remain lower, pulling the dollar down with them Resistance levels remain above at key Fibonacci...

July 18, 2023, 2:19 am

Gold – edges lower after failing at $1,960 but is the recovery over?

Gold pares gains after post-inflation bounce US yields remain lower, pulling the dollar down with them Resistance levels remain above at key Fibonacci...

July 17, 2023, 8:39 pm


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