The equity markets begins to wilt once again

The combination of tax loss selling and fear of Fed hikes is colliding today to weigh on equities.

The S&P 500 is now down 23 points, or 0.6%...

December 19, 2022, 4:07 pm

Usdjpy races up to the next swing area target.

The USDJPY moved higher on Monday and into Tuesday. A new high was reached on Wednesday at 137.965. That took the price above a swing area between ...

December 15, 2022, 4:17 pm

Usd/chf remains under pressure

The US dollar jumped over strong wage growth in November. A drop below the recent low of 0.9370 further weighed on sentiment by invalidating the ...

December 5, 2022, 8:16 am

Intraday market analysis – usd tests resistance

USDCHF remains under pressure The US dollar jumped over strong wage growth in November. A drop below the recent low of 0.9370 further weighed on senti...

December 5, 2022, 7:23 am

What bear market? the dow is officially in a bull market and the s&p 500 may follow suit - spdr s&p 500 (arca:spy)

The Dow Jones Industrial Average (NYSE: DJI) index has surged about 20% since Oct. 13 after printing a double...

December 2, 2022, 11:50 am

Cad/jpy struggles for bids

The Japanese yen rallied after BoJ officials hinted at a potential exit of QE. On the daily chart, a fall below the ...

December 2, 2022, 8:27 am

Daily forex news and watchlist: aud/jpy

China’s latest vaccination push is propping up risk-taking! Will the news be enough to firmly bust AUD/JPY out of its ...

November 29, 2022, 9:22 am

Adam and eve pattern – a key strategy to spot double tops and double bottoms in online trading charts

The Adam and Eve chart pattern is distinct in that it has two bottoms, one that is wide and fairly flat or rounded and the other that is narrow and V-...

November 25, 2022, 12:31 pm

Nasdaq technical analysis in 60 seconds.

Watch the following 60 second video to see a quick technical analysis snapshot of Nasdaq futures, based on simple daily candles, volume and one of ...

November 23, 2022, 7:13 am

Walt disney stock is set to reset expectations

Media and entertainment giant The Walt Disney Company (NYSE: DIS) stock has seen better days as shares cratered under the $90.71 ...

November 14, 2022, 1:00 am

Commodities watchlist: upside breakout for gold (xau/usd)?

Cooler-than-expected inflation rates in the U.S. attracted enough gold bulls to push XAU/USD from a double bot...

November 11, 2022, 8:01 am

Gold completes double bottom, 1788 next

Gold’s rally accelerates higher today, as reaction to Dollar’s post-CPI sell-off. Break of 179.28 resistance confirmed completion of a ...

November 10, 2022, 3:23 pm

Gold surges, will complete double bottom?

Gold surged notably on the back of selloff in the greenback, which came with rally in the US stocks. So far, the markets are expecting Republicans to ...

November 9, 2022, 7:25 am

Macro dashes: spy should double bottom or worse on energy inflation

Energy is the primary cause of inflation, which limits the impact of central banks' attempts to lower inflation. The only way central bank tightening ...

September 8, 2022, 2:48 pm

Rolls-royce share price double bottom points to a recovery to 100p

Rolls-Royce (LON: RR) share price has recovered modestly as investors reacted to the ongoing recovery of the aviation sector. The stock has also risen...

July 21, 2022, 7:19 am

Nio stock: wait for another steep decline first

This is a dedicated price action analysis of NIO stock. Our previous thesis has played out accordingly, as NIO has surged close to 97% from its May lo...

June 28, 2022, 6:54 am

Alpha and omega semiconductor just printed a 'buy' signal

AOSL has been decimated this year. But the stock just put in a double bottom as it's very oversold and ...

June 20, 2022, 12:20 am

Fedex: getting out of its bottom soon

This is a dedicated price action analysis on FedEx stock. We discuss the critical levels investors need to watch to help them with their decision-maki...

June 15, 2022, 5:40 am

Doubleverify holding stock attempts a double bottom

Online advertising measurement firm DoubleVerify (NYSE: DV) stock has fallen (-36%) from its IPO highs in 2021....

June 7, 2022, 6:00 am

Fuelcell: the bottom is clear now - buy before it breaks higher

FuelCell is due to report its FQ2 earnings release on June 9. The battering in its stock has been massive over the past 18 months. Our price action an...

June 5, 2022, 9:16 pm