Analytics and Economic News
Technical Analysis
US Dolar Index (DXY)
The Dolar Index (DXY) saw a minor decrease to begin the week, staying at 104.2. As expectations for a Fed interest rate drop grew last week, the DXY fell to 103 but gained support from Fed members' remarks and closed at 104.
Technical Analysis
WTI Crude Oil (USOIL) Technical Analysis
For the second time this month, WTI crude oil was turned down from the $84.40 region, despite the fact that it has been rising since late June. The resistance zone's proximity to the R1 Pivot Point line didn't help.
Technical Analysis
GBP/USD Technical Analysis
The price has been rising steadily since the end of April, regularly reaching higher highs and lower lows. The price is currently close to both its last swing high and the upper Bollinger Band.
Technical Analysis
GBP/USD Technical Analysis
The GBP/USD pair extends its sideways consolidative price move for the second day in a row, remaining in a narrow range below the 1.2700 level during Wednesday's Asian session.
Technical Analysis
EUR/USD Technical Analysis
For the second time this month, EUR/USD was just rejected from the psychological handle of 1.0900, in case you missed it.
Technical Analysis
USD/CHF Technical Analysis
The USD/CHF pair, which was trading at 0.9140, suddenly plummeted sharply and is presently nearing the 0.9040 levels. Before the bulls intervene, how low can USD/CHF go?
Technical Analysis
EUR/USD Technical analysis
Searching for further USD-related trading setups? It appears like the EUR/USD just moved lower from a significant resistance area!
Technical Analysis
S&P 500 Index (SPX500)
Is this 4-hour chart of the U.S. stock index showing a shaky head and shoulders pattern? How much lower can the price go from here if it is already breaching the reversal formation's neckline?
Technical Analysis
WTI Crude Oil (USOIL)
The price of crude oil in the United States is showing signs of a possible 4-hour reversal pattern! In case you missed it, traders have been positioning themselves for this week's possible market movers by selling crude oil since the beginning of the week.