Crude oil futures are trading up over $1 and looks to test 100 day MA
Up 1.91% on the day at it to $57.16 crude oil futures are trading higher in the day. The front contract trades at $57.16 that’s up $1.07 or 1.91%. The… Read more »
Category: Technical Analysis
European shares set to close higher on the day
Provisional closes to the upside The provisional closes in Europe are pointing to the upside today. The numbers are showing: German Dax, +0.9% France’s CAC, +0.7% UK’s FTSE, +0.7% Spain’s… Read more »
USDCAD moves below and away from the 50% retracement/132.00 level
Trades to new session lows The USDCAD stalled the fall yesterday at the 50% of the move up from the Feburay low at the 1.32036. Being near the natural support… Read more »
EUR/USD Trading Strategies | Investing.com
The daily Forex chart rallied for 4 days from a micro wedge bottom. Because the wedge is at the bottom of a 4-month trading range, this could be the start… Read more »
GBPUSD moves higher on news about Brexit accord being hammered out
According to Spanish foreign minister The GBPUSD is moving back higher on news that the Spanish foreign minister is saying “the Brexit deal will not be reopened but an Brexit… Read more »
USDJPY consolidates after run higher in the Asian session
Holds above trend lines today The USDJPY moved higher and lower yesterday. At the lows, traders did an OK job of holding a lower trend line. The price did waffle… Read more »
EURUSD chops it’s way back down to broken trend line
What an up and down mess, but buyers trying to keep some control The EURUSD has chopped it’s way back lower today, after a run higher yesterday. That run higher… Read more »
GBP/USD: Bullish And Bearish Scenarios
Currently, we are at 1.3033 as the pair positions itself prior to . Two scenarios: Bullish: a bounce will target the 1.3150 area based on its ATR. 2: Bearish: A… Read more »
GBPUSD corrects some of the gains from yesterday but holds technical support.
PM May to present plan to Brussels. 3 Tories resign from party Three Tory MPs resigned from the party and anxiety about Brexit plans has the GBPUSD backtracking some of… Read more »
The CAD is the strongest while the NZD is the weakest as NA traders enter
The USD is mixed As North American trader enter for the day, the CAD is the strongest, while the NZD is the weakest. The USD is mixed after being the… Read more »