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,...
AUDUSD breaks lower. Below trend line and low of swing area
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,...
Earnings releases this week. Netflix, TSMC, American Express, Bank of America
The earnings calendar was unofficially kicked off on Friday after J.P. Morgan, Wells Fargo, Citigroup reported. This week, the elder gets a little bit more varied. What are some of the bigger names scheduled and when this week?Tuesday before the open:Bank of America,...
Crude oil futures settle at $85.41
Crude oil futures are settling a day at $85.41. That's down $0.25 or -0.29%. The high price reached $86.11. The low price was at $84.05. That was a multi-week low. The drop earlier today came despite continuous geopolitical tensions and the potential for an...
The NASDAQ tumble continues with the index currently down near 1.5%
The selling has intensified in the NASDAQ index. It currently trades down around 1.51% at 15931.81. The low price reached 15909.20. That took the price to the lowest level since March 5.Technically, the March 5 low comes in at 15925.91, and would be the next target...
Bitcoin trades to a new session low. What next?
So much for a safe haven? Or store of value?The price of bitcoin is trading below the $64,000 level again. The low price for the day reached $63,696. Over the weekend, the price moved down to a low of $61,308. That was the lowest level since March 20. In the trading...
AUDUSD trades up and back down. Tests a swing area target between the 0.6442 and 0.6455.
The AUDUSD moved higher in the Asian session as sell the rumour, buy the fact price action after the Iran attack on Isreal over the weekend. HOwevet, the price has moved back to the downside over the last few hours of trading, as is really suggest another retaliatory...
Israel’s response to Iranian attack may be imminent
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,...
NASDAQ index now down -0.50%
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,...
Atlanta Fed GDPNow Q1 growth 2.8% after stronger retail sales
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,...
European indices close the session with mixed results
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,...
Israel’s intention is to hurt our own without creating an all-out war
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,...
THe USDCHF traded to a new 2024 high, but failed.What would increase the bearish bias now?
The USDCHF traded to a new 2024 high and in the process moved above a swing area high near 0.9146. The momentum faded and the price moved back to the downside. Having said that, the decline has been modest. The price remains within a swing area between 0.9112 and...
The NASDAQ index has gone negative on the day
The US stock market is giving up gains. The NASDAQ index is now in negative territory. Markets started to adjust more to the downside after the Axios reported that Israel defense minister Gallant told US Defense Secretary Austin that Israel has no choice but to...
Axios: Israel DefMin Gallant said is really has no choice but to respond to Iran attack
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,...
Iraqi Deputy Prime Minister: Iraq is warning about regional escalation
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,...
Isreal reserves its right to self-defense after attack
A Israeli government spokesman Hayman says that:Israel reserves right to self-defense after attackHowever, the Israeli war Council has ended its deliberations for the day. Will resume tomorrow.Meanwhile the Wall Street Journal is out saying that "Israel is inclined to...
NAHB Housing market index for April 51 vs 51 est.
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US February Business inventories 0.4% vs 0.4% estimate
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,...
US major indices higher to start the trading week
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,...