S&P 500 slumps to the lows of the day. A Pence speech to worry about
There isn’t a great explanation for it The stock market is coming under some fresh pressure. The message from Clarida was dovish and we saw that in FX and initially… Read more »
Tag: lows
Bitcoin Price Plunges Below $8000: Are New Monthly Lows $7200 Coming Up? (BTC Analysis & Overview)
Following very calm and steady trading days, where Bitcoin couldn’t overcome the significant 200-days moving average line (marked light green on the attached daily chart), the recent hours saw Bitcoin… Read more »
USD/CAD Plummets to Fresh Weekly Lows
The Canadian Dollar turned positive on the week against the US Dollar today with the recent USD/CAD reversal` off key resistance now approaching near-term downtrend support.. These are the updated… Read more »
Remains depressed near 1-1/2 week lows, below 1.3300 handle
Repeated failures near 1.3345 resistance formed a bearish double-top chart pattern. The prevalent USD selling bias support prospects for a further depreciating move. Having once again failed near the 1.3345… Read more »
Bitcoin Plunges (Again) Below $8,000: New Lows Or a Clue That Might Turn BTC Bullish?
The past days had been boring for the crypto traders, whereas the price of Bitcoin is ‘stuck’ between a tight range of $8,000 to $8,400. However, Bitcoin just plunged below… Read more »
The S&P and Nasdaq move toward upside MA targets, but well off earlier week lows.
S&P back above the 100 day MA both the S&P index and NASDAQ index are up solidly and near session highs. The S&P index is up 26.23 points or 0.90% at 2936.88. The high… Read more »
EURJPY chops around recent lows
Below 100 hour MA and trend line keeps the sellers more in control The EURJPY is lower on the day and over the last 14 or so hours, has been… Read more »
U.S. Manufacturing Falls to Ten-Year Lows
Numbers released on Tuesday by the Institute for Supply Managements (ISM) showed that the country’s manufacturing activity fell to below ten-year lows in September, weighed down by the trade war… Read more »
USDCHF trades to new session lows. Stays below 100 hour MA
Below 200 day MA too The USDCHF is a big mover to the downside after ISM data triggered a sharp fall in the USD. Lookng at the dailychart, the pair… Read more »
US stocks near the lows of the week on US-China trade worries
The US is ready to go after the financial system Yesterday Trump was saying a trade deal was getting closer and risk trades rallied. Today we learned that Trump authorized… Read more »