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The major US indices are in a saw-tooth pattern over the last 3 days. Looking at the major indices, the changes showed:Dow Industrial Average: Up 341 points. Down -398. Up 126.13.S&P: Up 51 points. Down 55.13 points . Up 55.21 pointsNasdaq. Up 219 points. Down...
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,...
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,...
Crude oil futures are settling down $73.57. That's down $3.57 or -4.63%.The high price today reached $78.42. The low price extended to $72.73.Looking at the daily chart, the low price stalled right at its 50 day moving average (at $72.73), and also just above its...
Buckle up.Israel has informed the Pentagon that Israeli Defense Minister Gallant will not be traveling to Washington.Earlier today there was a report that the US was concerned that Israel would attack Iran while Israel defense minister Gallant was visiting in...
Trading successfully needs to focus on risks and putting the odds of success in your favor. That can manifest in different ways but one way is recognizing a pattern by traders. When I look at the EURGBP, the pattern on the 4-hour chart is simple. In trading today:The...
USDJPY dailySocGen anticipates a temporary pullback in USD/JPY towards 145, followed by a potential rally towards the significant resistance level near 152.Key Points:Recent Performance:USD/JPY has formed a higher trough at 141.60 and is currently in a short-term...
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,...
High yield 3.878%WI level at the time of the auction 3.871%Tail: 0.7 bps vs six-month average of 0.0 bpsBid to cover: 2.44X versus six-month average of 3.57XDirects (domestic demand): 23.97% versus six-month average of 18.1%Indirects (international demand): 56.87%...
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,...
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,...
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,...
Kinder Morgan says that it Shutdown pipelines that are part of Central Florida pipeline systemHas shutdown all terminals in Tampa FloridaCitgo is also shutting down its Tampa terminals as well. The oil platforms in the Gulf of Mexico are not impacted by the...
The NZDUSD has been trending lower over the last 7 days of trading. That has helped to push the price down from a high of 0.6378 to a low of 0.6106 today. That is 272 pips in 7 trading days, which is a pretty good move.Today there is some up and down stall. Why?The...
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,...
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 AUDUSD fell below the 200 bar MA on the 4-hour chart and the 50% retracement of the move up from the September low at 0.67813. That ignited more selling that has continued today with the price moving and staying below the 61.8% of the move up from the September...
Hurricane Milton rainfall warningsHurricane Milton is expected to be a devastating hurricane along the west coast of Florida and land late on Wednesday evening. The latest advisory from the NHC says Milton is forecast to retain major hurricane status and expand in...
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 USDCAD is continuing the move to the upside after bottoming last Wednesday near 1.3472. Since then the price has risen for five consecutive days taking the price to a high of 1.3660 in trading today.In the process today, the price has been able to extend above the...