S&P 500/Dow Jones Technical Highlights: Market turnaround has big gap to fill Dow Jones found 200-day as support Check out the fundamental and technical forecast for stocks as they rise… Read more »
View Bitcoin printed a 10-month high of $8,390 earlier today only to fall back quickly below $8,000, strengthening the bearish divergence of the 4-hour chart relative strength index (RSI). The… Read more »
The story is mixed Looking at the S&P chart below, the price today gapped below the 50 hour and the 100 hour MA. The index price approached the 200 hour… Read more »
AUDUSD/AUDJPY Chart Highlights: AUDUSD is flirting with a full break of the 7000 level AUDJPY is currently outside of multi-month range To see what fundamental drivers and technical signposts DailyFX… Read more »
AUD/JPY’s 8-hour chart is reporting a bear flag. A flag breakdown, if confirmed, would create room for a deeper drop to levels below 76.00. AUD/JPY is currently trading at 78.62,… Read more »
S&P 500/Dow/Nasdaq 100 Technical Highlights: Check out the fundamental and technical forecast for stocks as they rise towards record highs in the Q2 Equity Markets Forecast. S&P 500 rising wedge… Read more »
• The pair built on the overnight bounce from sub-0.7000 level – the lowest level since early Jan., and remained well bid through the mid-European session on Friday. … Read more »
Wolfe Wave is a price action pattern that is made up of 5 waves which show supply and demand as price fights towards an equilibrium price. Wolfe wave patterns can develop… Read more »
Several broad measures of technology-industry stocks are hitting all-time highs, and that’s a bullish signal for U.S. stocks in general, according to one technical analyst. As the above… Read more »
The bull market is alive and well — but the stock-market’s breakneck rebound from a fourth-quarter rout hasn’t been accompanied by surging inflows. There may be a good reason for… Read more »