Technical levels in play in the new trading day
The key bias and technical levels for some of the major currency pairs The trading day is coming to an end with stocks moving sharply higher. That dynamic has the flow of… Read more »
Tag: day
US stocks roar ahead. S&P has its strongest day in seven months
Dow snapped the four day losing streak The US stocks roared ahead with the Dow industrial average is snapping a four day losing streak: S&P has its best day since… Read more »
US stocks continue to run higher. Major indices trade near highs for the day.
NASDAQ up 1.68%. S&P up 1.58%. The major US stock indices continue to run higher with the S&P index up 1.58% and the NASDAQ index up 1.68%. The Dow industrial average looks… Read more »
AUDUSD trades above and below the 100 day MA
Price trades at the highest level since September 7th The AUDUSD has moved higher today despite a slightly weaker than expected jobs report in Australia. The price of the pair drifted lower… Read more »
EUR/USD: Bull Trading Day | Investing.com
Today so far is a bull inside day after consecutive bear days in a 6-week tight bear channel. There is now a micro wedge with the Sept. 20 and Oct…. Read more »
Chart Of The Day: Yen Trapped In Vicious Inflation Cycle
As one of the world’s top energy importers, Japan finds itself in a vicious cycle. As energy prices rally, more are required to pay for energy imports. Then, as the… Read more »
Some technical levels in the major currency pairs heading into the new trading day
What levels are in play in the new trading day EURUSD: The EURUSD moved away from its 200 week moving average and is looking to close comfortably below that level today. The 200… Read more »
EURJPY moves above the 200 and 100 day moving averages this week. Bullish.
Buyers consolidate after the break higher The EURJPY moved sharply higher last Friday and in the process closed back above its 200 day moving average. The price had last traded above that level… Read more »
GBPUSD retests low for the day in up and down trading
The price is below the 200 hour MA and tests swing lows near 1.3567 The GBPUSD has seen volatile up and down trading action today. The early European session swing low… Read more »
USDCAD retests the 100 day MA
100 day MA at 1.2484 The USDCAD is trading back near highs for the day reached in the early Asian trading. Recall from Friday, the USDCAD moved sharply to the… Read more »