Gold tests the 38 2% Fibonacci retracement of the move up from the September 2022 low
Gold is trading to a new session low and in the process is testing its 38.2% Fibonacci’s’s retracement at ...
Crude oil futures settled at $90.03, up $1.83 or 2.07%
The price of crude oil moved higher in trading today with a gain of $1.83 or 2.07% at $90.03. The high price extended ...
Silver is back below its 200 day MA setting the MA as a new risk/bias defining level
When the price of any traded asset breaks below a key technical level, it typically shifts the bias in the direction ...
Gold is down over 3% and looks to test the March low
Gold extended its decline today after breaking below its 200-day moving average yesterday, a key technical developmen ...
The major indices are lower but well off premarket low levels
The major U.S. stock indices are trading lower on the day, but all have recovered from their post-CPI lows after the ...
USDCAD falls after the rate decision but is bouncing
The USDCAD moved lower ahead of the Bank of Canada rate decision, trading at 1.3907 just before the announcement. Fol ...
Crude oil is higher but it is not running after the increased conflict in the middle east
Given the escalating tensions in the Middle East—including reports of an Iranian drone attack on an Apache helicopter ...
CPI inflation comes in a bit lighter. Markets improve. USD tilts lower
As Adam pointed out, the inflation story was “overwhelmingly a gasoline story,” with energy accounting fo ...
The USD is little changed vs the EUR, JPY and GBP to start the North American session
The USD is little changed vs the EUR, JPY and GBP to start the North American session. IN the video above, I take a l ...
US stocks close mixed is very volatile trading
In a volatile trading session, which had the NASDAQ index trade with a 1279 point range, the S&P index with a 244 ...
WTI crude oil futures settled at $88.20 down $3.10
Crude oil futures are settling down $3.10 on the day at $88.20, after a wide trading range between a low of $85.95 an ...
USD rebounds: What’s changed technically in the major pairs?
The USD has reversed course from the declines earlier today. Stocks which were higher at the beginning of the day hav ...