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Both the nzdusd and the audusd stall at the 200 hour ma today
The NZDUSD moved up today and in the process, the price moved up to test the 200 hour MA at 0.6362. The sellers leaned against the level and the pr...
February 13, 2023, 9:15 pm
Eurusd consolidates above and below 100 hour ma into the close
The EURUSD is consolidating into the close.
Looking at the last 5-6 hours of trading, the price action has been above and below ...
February 13, 2023, 8:21 pm
New highs for the eurusd. what next?
The EURUSD is moving to a new session high as yields move lower. The 10 year is down -3.6 basis points. The 30 is down -5.5 basis points.
The...
February 13, 2023, 3:06 pm
Gbpusd trades back above 100 hour ma. can it stay above and push above the 200 hour ma?
February 13, 2023, 2:30 pm
The nzd is the strongest and the jpy is the weakest as the na session begins
The NZD is the strongest and the JPY is the weakest as the NA session begins. Both the NZD and the AUD have seen a move higher after dipping earlie...
February 13, 2023, 1:29 pm
S&p back into positive territory. what is the short-term hourly chart telling traders?
The S&P index has erased earlier declines and trades modestly higher. The index is currently up five points or 0.13% at 4086.68. The high price rea...
February 10, 2023, 3:35 pm
Gbpusd chops up and down in trading today. slides down from the 200 hour ma test yesterday
The GBPUSD is chopping up and down in a confined trading range today. The high for the day reached 1.21387. The low was down at 1.20789. The 60 pip...
February 10, 2023, 3:18 pm
Usdcad continues its march higher with jobs on tap for tomorrow morning
The USDCAD moved above its 100 hour MA in the late US morning, after successfully testing it in the ...
February 9, 2023, 8:46 pm
Stocks continue to falter. s&p and nasdaq trade to new week lows
The US stock indices are moving to new session lows and also new week lows.
The S&P index has moved to a low of 4085.31. That took out the l...
February 9, 2023, 8:15 pm
Usdmxn moves lower after bank of mexico hike, but finds support at swing area target
The Bank of Mexico hiked rates by 50 basis points. That was more than the 25 expected. The target rate reached 11%.
The MXN moved higher on t...
February 9, 2023, 7:52 pm
Gbpusd moves back toward falling 100 hour ma
The GBPUSD is moving back toward the falling 100 hour MA at 1.20919. The pair in the late London mor...
February 8, 2023, 4:58 pm
Usdchf trades back below 100/200 hour mas
The USDCHF shifted the technical bias to the downside today after falling below the 100 and 200 are moving averages. Recall from yesterday, the fal...
February 8, 2023, 2:34 pm
Wti crude futures settle at $75.88
WTI crude oil futures are settling at $75.88. That's down -$0.53 or 0.69%.
The high price today reached $77.24. The low price extended to $74...
February 2, 2023, 7:40 pm
The price of wti crude oil tumbles to a new session low
The price of WTI crude oil has tumbled lower over the last few hours and currently trades at $76.33. That's down $2.69 or -3.41%.
Looking at ...
February 1, 2023, 5:27 pm
Bitcoin continues to consolidate near 5 1/2 month highs
The price of bitcoin has been trading in an up and down range near the 5 1/2 month highs (going back to mid-August).
The range since January...
February 1, 2023, 4:22 pm
Audusd extends back above the 100 hour ma
The AUDUSD has now extended above its 100 hour moving average helped by the weaker then expected ADP...
February 1, 2023, 2:36 pm
Uk ftse 100 closes higher. the other european indices close marginally lower on the day .
The major European indices are closing mostly lower.
The exception is the UK FTSE 100 which is closing higher by about 0.25%.
Looking ...
January 30, 2023, 4:39 pm