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First Solar NASDAQ: FSLR shares are down significantly from the peak set earlier this year, but the odds are high that the peak will be ...
November 1, 2023, 11:30 am
Eur/usd resumes decline, gold and oil prices surge
Key Highlights EUR/USD failed to climb above 1.0650 and started a fresh decline. The Israel-Hamas war is sparking swing moves in the US dollar, gold, ...
October 16, 2023, 2:33 am
Gold price could surge amid rising israeli–palestinian tensions
Key Highlights Gold price opened higher this week amid rising Israeli–Palestinian tensions. It broke a major bearish trend line with resistance near...
October 11, 2023, 2:35 am
Stars arena effect could drive avalanche (avax) price to $15
AVAX price retested the $10 area on Thursday as crypto influencers race to join Stars Arena. On-chain a...
October 5, 2023, 3:02 pm
Eur/usd: the 1.0490/1.0500 area could easily be retested this week – ing
EUR/USD is set to stay lower for a little longer, meaning that the 1.0490/1.0500 area could easily be retested...
October 2, 2023, 8:59 am
Today is almost exactly one year from the interim bottom in us equities -- lessons learned
If you're a trader who only believes in seasonals then today is the day to buy stocks. There's a dip and September is finishing on a weak note. Of cou...
September 29, 2023, 5:57 pm
Usdcad has a down, up and down week and is closing the week between ma levels
The USDCAD traded down and up and down and up and back down and up this week (see hourly chart below). The high price on Monday was ...
September 22, 2023, 7:56 pm
Kickstart your trading day: a technical look at the eurusd, usdjpy and gbpusd
The Bank of Japan kept rates unchanged overnight. That led to a rebound higher in the USDJPY and for a retest of the high prices from yesterday at 148...
September 22, 2023, 1:14 pm
Gbp/usd could recover while usd/cad trims gains
GBP/USD retested the 1.2450 support and is now correcting losses. USD/CAD is correcting gains and tradi...
September 11, 2023, 8:08 am
Eur/usd is still at risk of more downsides
EUR/USD trimmed gains and retested the 1.0780 support. It traded below a bullish trend line with suppor...
September 4, 2023, 3:29 am
Eur/usd is still at risk of more downsides
Key Highlights EUR/USD trimmed gains and retested the 1.0780 support. It traded below a bullish trend l...
September 4, 2023, 2:40 am
Apple (aapl) breaks above it 50 day ma. increases the bullish bias.
US stocks are moving higher in trading here today. The NASDAQ index is up 0.48%. The S&P index is up 0.32%. In the process, Apple is making another ru...
August 30, 2023, 4:00 pm
Usd/jpy set to suffer a deeper setback – credit suisse
USD/JPY has retested and again been capped at the 78.6% retracement of the 2022/2023 fall at 146.66 and...
August 25, 2023, 2:29 pm
Crude oil looking for deeper supports within uptrend (elliott wave forecast)
Crude rallied only in three waves and stops between 50-61.8% Fib, so it appears that corrective pullback is still in play from 84.16 and that deeper s...
August 22, 2023, 9:24 am
Dollar can complete a five wave rise, be aware of a retracement
The USD edged slightly higher, and stocks hit new lows for the week yesterday after the release of FOMC minutes. These minutes revealed that officials...
August 17, 2023, 11:03 am
Nasdaq index is down now 2% on the day. what damage has been done technically speaking?
The NASDAQ index is down close to 2% on the day and in the process tests the 14,000 area. That area is a key technical area going back to mid-July. Th...
August 2, 2023, 3:44 pm
Crude oil price stuck in crucial range below $72
Key Highlights Crude oil price retested the key $66.90 support zone. A crucial resistance is forming ne...
June 29, 2023, 4:42 am
Mufg trade of the week: staying long eur/usd and long aud/nzd
MUFG maintains a long EUR/USD position to its TOTW portfolio (spot ref: 1.0920), with a target at 1.1320, and a stop at 1.0620. MUFG also maintains a ...
June 23, 2023, 6:59 pm
Usdcad moves to a key swing area between 1.3207 and 1.3229
The USDCAD is down-testing a key support target between 1.3207 and 1.32299. Looking at the daily chart below, that level was a ceiling in July and Sep...
June 15, 2023, 7:27 pm
Usdchf moves closer to its 100 day moving average
The USDCHF is up about 0.66% today, trading in the current hourly bar to a new session high at 0.91013. The moves is short of the high from Wednesday ...
June 12, 2023, 3:55 pm