Another rally, another close well off the highs. The stock market’s inability to hold big opening gains — or big opening losses — is leaving some traders a bit frustrated…. Read more »
EUR/USD daily chart EUR/USD is trading in a bear trend below the 50, 100 and 200-day simple moving averages. The ECB press conference at 13.30 GMT is likely to provide… Read more »
Bitcoin (BTC) is consolidating below $3,500 for the third day straight. The challenge now is to gauge whether the bulls or the bears will win out in the coming days…. Read more »
Ontology turned one on November 27, 2018, marking a major milestone. The market is trading at strong support at the $0.5199 region as price action begins to trade sideways. Support… Read more »
DXY 4-hour chart The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average. DXY found support at the 50 and 100 SMA and… Read more »
Gold has rallied more than 2% since the start of December with advance testing five-month highs early in the week. The risk for near-term weakness remains but the broader outlook… Read more »
• This week’s bullish resilience near the very important 100-day SMA support constituted towards the formation of a bullish double-bottom pattern on short-term charts. USD/JPY daily chart • … Read more »
The EUR/USD pair is mildly bid in Asia at 1.1332, having defended the support of the trendline connecting the Nov. 13 and Nov. 28 lows yesterday. While the pair may… Read more »
USD/CHF daily chart USD/CHF is trading in a bull trend above the 200-day simple moving average (SMA). USD/CHF found support at the 100 SMA. USD/CHF 4-hour chart USD bulls are… Read more »
USD/JPY daily chart USD/JPY 4-hour chart Bulls are back in control as they find support at the main SMAs. USD/JPY 30-minute chart On lower time-frames, USD/JPY is also trading above its… Read more »