100 hour MA at $60.32. Trend line at $59.94 The price of WTI crude oil futures settle at $60.53. Since then it has moved down toward the $60 level once again. The low… Read more »
The old trend line finds support buyers In an early post, I spoke to support at the high from Tuesday and near the reestablished trend line near 1.3929. A dipped below… Read more »
Price remains above $50,000 after break today. The price of bitcoin on Coinbase moved above the $50,000 level yesterday for the 1st time ever, but backed off. The low price toward the end of the day… Read more »
After Tesla’s purchase of $1.5 billion in bitcoin, speculations emerged in the cryptocurrency field who would be the next giant name to enter the BTC ecosystem. According to Max Keiser,… Read more »
Trades at highest level since February 1 The EURUSD has moved above trend line resistance on the hourly chart, and trades to the highest level since Feb 1 (currently at… Read more »
EUR/USD posted losses for a second straight month and briefly fell below the key 1.20 level. There are four events on the calendar. Here is an outlook at the highlights… Read more »
Modest bounce off key support. The EURUSD tried but couldn’t get below the old swing highs going back to September 1, 2020 and November 30, 2020 between 1.20027 and 1.2010. The low price extended… Read more »
Sellers fail on the first breaks As outlined in a post yesterday, the GBPJPY can come off new highs for the move higher but had to get below the 143.256… Read more »
Can the buyers take back some control. The AUDUSD fell on the back of a softer RBA as they added an additional 100B of bond buying starting in April. That… Read more »
Up trand line is our next TP – Short U.S. Dollar/Canadian Dollar FX:USDCAD Spekktracz Up trand line is our next TP – Short Read more here