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Modest gains for the US indices to start the trading week

Modest gains for the US indices to start the trading week

The major indices closed modestly higher to start the trading week. The NASDAQ is now up for the 7th consecutive day. The S&P and the Dow industrial average rose for the 6th consecutive day. Last week the major indices had their best week of the year.The final...

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Trade ideas thread – Tuesday, 7 November 2023

Trade ideas thread – Tuesday, 7 November 2023

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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New highs for the USD, but the ranges vs majors is limited

New highs for the USD, but the ranges vs majors is limited

The USD is higher vs all major currencies except the CHFThe USD is making new highs versus a number of the major currencies including the:The USD is near highs versus the CAD, AUD and NZD.The greenback is only lower versus the CHF (by -0.02%).Although the dollar is...

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Crude oil futures settle at $80.82

Crude oil futures settle at $80.82

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...

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Major indices now lower on the day

Major indices now lower on the day

As the day works toward the close, the major US stock indices have turned into negative territory:Dow Industrial Average is down 61 points or-0.18% at 34000.61S&P index is down -9.36 points or -0.21% of 4349.01NASDAQ index is down -22.71 points or -0.71% at...

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Crude oil higher on the day. Trades within a swing area.

Crude oil higher on the day. Trades within a swing area.

Crude oil trades between swing areaThe price of crude oil is trading within a range. The low for the day came in at $80.71. The high is at $82.20. The current price is trading at $81.98Looking at the daily chart, there is a swing area between $80.90 and $83.40 (see...

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