GBPUSD break the 200 hour moving average and moves toward a cluster of technical targets
The GBPUSD is extending to the downside, and in the process the technical picture has shifted more decisively in favo ...
US yields are pushing to new highs and along with it the US dollar
US rates are trading higher on the day and so is the US dollar. Looking at the yield curve:2 year yield is at 4.216% ...
US stocks open higher. NASDAQ index leads the way higher.
The major US stock indices are pushing to the upside led by the NASDAQ index.Looking at the major indices, a snapshot ...
The AUDUSD and NZDUSD are moving higher today helped by risk-on flow and technicals
The AUDUSD and NZDUSD are both moving higher to start the North American session, supported by an improving risk-on b ...
The USD is mixed to kickstart the North American session
The USD is mixed and little changed vs the 3 major currency pairs – the EURUSD, USDJPY and GBPUSD – while ...
Meta weighs multibillion-dollar AI infrastructure deal with Anthropic
Meta Platforms is reportedly in discussions to lease AI computing capacity from its data center infrastructure to Ant ...
US Crude oil futures are pinballing between $77.90 and $81.25. Traders wait for a break.
Crude oil has spent the week behaving like a pinball inside a technical machine, ricocheting between key support and ...
USDCHF has a rollercoaster of a run this week. What has the ride done for the technicals?
The USDCHF has been on a rollercoaster ride this week, with sharp swings in both directions but little net progress.T ...
The AUDUSD and NZDUSD are moving lower as risk-off/USD buying/technicals.
Generally speaking, the AUDUSD and NZDUSD are considered risk-sensitive currency pairs. When investor sentiment deter ...
The USD mixed to start the North American session. USD is strongest vs GBP and AUD.
The USD is mixed heading into the North American session, trading higher against the EUR, GBP, AUD, and NZD, but lowe ...
Crude oil futures continue the consolidation since breaking higher on Tuesday trade
The price of crude oil settled at $78.95, down $0.65 (-0.82%). Trading was relatively contained, with a low of $78.58 ...
The Micron chart flashes an ugly sign
This chart is as ugly as it gets in terms of a topping formation.Micro shares have fallen $400 in the past three week ...