Crude oil is moving to new lows and tilting the technical bias more to the downside
Markets appear to be disconnecting from some of the traditional risk drivers today. Both the NASDAQ and S&P 500 h ...
The NZD, AUD and CAD are all rising vs the USD with the help of risk-on flows.
The NZDUSD and AUDUSD fell sharply last week, with the help of the stock liquidation on Friday. That led to risk off ...
Stocks higher, yields lower and oil lower leading to a lower dollar is the formula today
The USD Is lower to kickstart the North American session today. The EURUSD (up 0.34%) and the GBPUSD (+0.49%) are lea ...
Silver traders take the price below the 200 day MA for the 1st time since April and failed
Silver came under heavy pressure since breaking below its 100 day moving average back on May 15. On Friday, the price ...
EURUSD bounces into a targeted retracement area and finds willing sellers.
In the Kickstart video at the start of the North American session, I highlighted how the EURUSD was bouncing from tar ...
What you see is how you should trade. The GBPUSD is using levels that traders can see.
Often, the price action on a chart tells a story that is far more important to traders than the latest fundamental he ...
AUDUSD rebounds in trading today, but cannot get and stay above the 100 day MA target
The AUDUSD moved sharply lower on Friday, pressured by risk-off sentiment, a broadly stronger U.S. dollar, and a dete ...
US broader indices are higher but Nasdaq bias remains lower, while S&P is more neutral
After sharp declines last week, the broader U.S. stock indices are trading higher today, but the technical picture re ...
USDCAD sellers are trying to make a play, but they have work to do
The USDCAD extended its rally to a new high of 1.3953 today, the highest level since April 6. In doing so, the pair p ...
USD mostly lower to start the new trading week as geopolitics continue to dominate
The USD is lower vs the major currencies to start the North American session and the new trading week. The declines c ...
Nasdaq technical analysis after Friday’s bloodbath
After Friday’s rout, Nasdaq futures fight to regain controlBuyers have stepped back into Nasdaq futures after F ...
Gold is sinking with the US dollar rising and yields moving higher
Gold is under heavy selling pressure, falling $143, or 3.2%, to $4,333. The sharp decline has pushed the price below ...