The GBPUSD has moved up to test the 100 hour MA at 1.21361 currently and found sellers. The high for the day reached 1.21354 and backed off a bit. The current price is trading at 1.2128....
Markets are still digesting how the hot US jobs report last week will have an impact on the FOMC meeting next month. After running with the idea of a more hawkish Fed on Friday,...
The AUD/USD currency pair has been back and forth during most of the session on Thursday as we have the Non-Farm Payroll numbers coming out for Friday. This suggests that we are more likely than not...
Oil suffers deep weekly losses amid rising concerns about demand. US data showed weaker gasoline consumption, higher oil inventories. Ivia restored production and exports to ease market tensions Oil faced nasty weekly losses on mounting evidence that...
Bitcoin markets initially tried to rally during the trading session on Thursday but then gave back gain. The market should pay close attention to the $24,000 level above, as it is a large, round, psychologically...
EURUSD stays below the 200 hour MA on the correction higher With the price action today in the EURUSD, you have to wonder if we are just setting ourselves up to next connect to...
The AUD/USD currency pair fell a bit Wednesday to break down below the lows of the previous candle, showing that perhaps there is still plenty of downward pressure. However, we have turned around in the middle...
The dollar continues to stand its ground after some selling from earlier in the week, though is trading little changed so far today as major currencies are lacking any real appetite as we get...
The stock market has fallen from its record peak in 2021, and investors are on edge about what may happen in the near term. In such a market environment, long-term investors have a few smart tricks...
Silver extends the previous day’s pullback from monthly low, grinds lower of late. RSI retreat, bearish candlestick keep sellers hopeful below $20.50 DMA hurdle. The previous resistance line from April puts a floor under...