The AUDUSD based last week just ahead of its 100-day moving average and the 50% retracement near 0.7070. Holding that key support gave buyers the go-ahead to pu...
The chip and AI sectors are under heavy selling pressure today, with some of the biggest names being hit particularly hard. In my list of AI and semiconductor s...
The USDCHF fell sharply last week, breaking below its 100-day moving average at 0.79753. The selling extended toward the 61.8% retracement of the move up from t...
The USDCAD has moved higher after trade talks between the U.S. and Canada broke down. This morning, USTR Greer said the U.S. offered Canada significant concessi...
The new trading week is underway with the US dollar is modestly higher with the USDCAD moving up the most with a gain of 0.57% after talks with Canada on a trad...
Nasdaq futures test 29,120 support: Bounce setup or another leg lower?Nasdaq-100 E-mini futures remain moderately bearish after breaking the important29,295-29,...
Both the Nasdaq and S&P indices are settling with nearly identical gains of around 0.45% on the day. From a technical perspective, both are also ending the ...
The USDJPY has set the technical guardrails for the rest of today and heading into next week.Looking at the hourly chart, the low for the day stalled just ahead...
The AUD is the strongest of the major currencies against the USD today, rising 0.86% and pushing AUDUSD to its highest level since early June. The pair has reac...
European shares are closing mostly higher on Friday, but the gains were not enough to erase losses for most of the major indices this week. The broader STOXX 60...
The gold buyers raced higher earlier this week, helped by the broader decline in the U.S. dollar. The move carried the price away from its 100-day moving averag...
The USDCHF fell sharply this week, helped by the fundamental catalyst of U.S. Treasury buying and the subsequent selling of the U.S. dollar. The move pushed the...