EURUSD trades to a NY session low
Trades in a swing area going back to April 30 The EURUSD is trading at a new NY session low. In the process, the price is trading in a swing… Read more »
Tag: trades
European stocks see gains wiped out in early trades
A rather indecisive start to the European morning See here for global coronavirus case data Just over half-an-hour in, the DAX is trading at flat levels now as European equities… Read more »
WTI ticks up, trades in 5-week highs
WTI recovery is gaining steam while in 5-week highs. Strong resistance can be awaiting near the 32.00/33.65 price zone. WTI four-hour chart The crude oil recovery is ticking… Read more »
EURCHF trades to the lowest level since July 2015
Falls below floor at 1.05065-084 The EURCHF has moved below a floor at the 1.05065-084 level and traded to the lowest level since July 2015 Drilling to the hourly chart,… Read more »
NZDUSD trades to a new session low
Pair is staying below the 0.6000 level The NZDUSD fell sharply in the Asian session after the RBNZ nearly doubled the QA stimulus. The low price fell to 0.5999 (call it 0.6000)… Read more »
USDJPY trades to a new session high
Getting more comfortable above 200 bar MA on 4-hour chart The USDJPY continues the trend higher. The price corrections have been modest. The price is also moving above the 200… Read more »
DXY loses steam at the end of the week, trades below 100.00 figure
US dollar index (DXY) ends the week in gains but lost steam below the 100.00 mark. Support for bulls to hold is seen near the 99.60 level. DXY weekly chart… Read more »
The S&P trades to new session high (and week high) as the week works to a close
New week highs at 2929.40. As the week works toward the close, the S&P index is making new session highs at 2929.40. The index is still below its last week’s high at… Read more »
USDJPY trades to a new session low
Asian session low at 106.187 broken. Looks to test the 106.00 level The ADP report and a treasury refunding announcement has weaken the dollar bit. The USDJPY as subsequently moved to a new… Read more »
Greenback bounces back from April lows, trades near 107.40 level
USD/JPY turns higher despite broad-based USD weakness. The next major hurdle on the way up can be the 108.00 figure. USD/JPY daily chart USD/JPY is bouncing back from… Read more »