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USDCHF extends above the 200 day MA

USDCHF extends above the 200 day MA

The USDCHF has moved up to a high of 0.88357. That is just short of a high swing area on the daily chart above at 0.88379. Get above that level and stay above, opens the door for more upside momentum. ON the downside, the closest risk is the 200 day MA, but more...

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Major European indices are closing sharply lower

Major European indices are closing sharply lower

The major European indices took a hit on Tuesday, with the German DAX of falling -2.13% France's CAC -2.69%. For the DAX it was the largest decline going back to August.. For the Cac, it was the largest decline going back to July 2023Concerns about the implications of...

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USDJPY trades above last week’s high

USDJPY trades above last week’s high

The USDJPY is extending to a new session high after testing is 61.8% retracement earlier in the day at 153.397 and finding willing buyers.The market to the upside has now taken the price to a high of 154.75. That has extended above the high price from last week at...

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GBPUSD stretches toward 61.8% retracement

GBPUSD stretches toward 61.8% retracement

The USD is moving higher. The EURUSD is against the 2024 low at 1.0600.The USDJPY is trading to new highs and has entered into a swing area between 154.54 in 155.09. The high price last week reached 154.704 and is the next upside target.For the GBPUSD it is trading to...

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EURUSD pushes against the 2024 low at1 1.0601

EURUSD pushes against the 2024 low at1 1.0601

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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Tech giants and industrials lead as Tesla takes a dip

Tech giants and industrials lead as Tesla takes a dip

Stock heatmap by FinViz.com Tue, 12 Nov 2024 14:46:08 GMTTech giants and industrials lead as Tesla takes a dipThe US stock market today offers a mixed bag of performances, with major tech players showing resilience, contrasted by notable losses in the auto...

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