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Crude Oli Hold the High Ground on US Dollar Weakness. Will WTI go Higher?
Crude Oil, WTI, Brent, US Dollar, API, Turkey, Norway, Powell, Kashkari - Talking PointsCrude oil lifted as the US Dollar fell on hopes of a less hawkish FedFed Chair Powell reaffirmed higher rates, but equities and currencies don’t careIf…
Chart Art: Trend Make or Break Zones for EUR/USD and CHF/JPY
Can you believe it’s already the middle of the week?
Get over any mid-week hump by taking advantage of EUR/USD and CHF/JPY reaching trend make or break zones!
The pairs’ 4-hour charts should tell us more:
EUR/USD 4-hour Forex Chart by…
XAU/USD eyes $1,880 as investors digest Powell’s guidance and Biden’s SOTU
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Gold price is aiming to recapture $1,880.00 as the risk appetite is improving.
Investors have…
A Pause or a Reversal?
Natural Gas, NG - Technical Outlook:The recent rebound in natural gas prices looks corrective.A major double top pattern points to further downside in natural gas.What are the key levels to watch?
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Gold Price Hangs Tough as US Dollar Dominates Proceedings. Where to for XAU/USD?
Gold, XAU/USD, US Dollar, Fed, DXY Index, Powell, Treasury Yields - Talking PointsThe gold price is steady today as markets take on board Powell’s commentsThe US Dollar has been grinding the gears of other currencies, but not goldIf…
USD/CAD bears need to get below daily support 1.3387
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Dovish Federal Reserve and an on-hold Bank of Canada are the themes.
USD/CAD has printed a…
US Dollar Price Action Setups: AUD/USD, USD/JPY, EUR/USD, GBP/USD
US Dollar, Australian Dollar, Japanese Yen, Euro, British Pound – Price Action Setups:
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AUD/USD Daily Chart – Bullish Engulfing and Rising WedgeThe…
Dow Bulls Have Another Chance, Dollar Needs a New Foothold to Keep Climbing
Dow Jones Industrial Average, Meme Stocks, VIX, Dollar, Fed Funds Rates and USDJPY Talking Points:The Market Perspective: EURUSD Bearish Below 108, Dow Range Between 34,200 and 33,200Fed Chairman Powell’s remarks were closely watched by…
Bulls at the ready for a test of 0.7020
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AUD/USD bulls look for a move to test 0.720 commitments.
A first bullish day following a series of…
EURUSD Trend Reversal Stalls after Powell Remarks
EURUSD, Dollar, Interest Rate and FOMC Talking Points Talking Points:The Market Perspective: EURUSD Bearish Below 1.0700The technical structure behind EURUSD the past four months has put the power back into the bulls’ control, but the…