The AUDUSD and the NZDUSD have similar technical stories to tell. Each has seen up-and-down price action over the last 5-6 trading weeks. Each has its 100 and 200 bar moving averages on their 4 hour charts near the middle of the trading ranges. In trading today, each are moving above the moving average levels,
The price of WTI crude futures are settling at $90.77. That’s up $0.61 or 0.66%. The low for the day reach $89.22. The high extend up to $91.15. For the week, the prices up around 4% on the week. This is the 3rd consecutive up week for crude oil. Technically, the price is closing above
The FOREX markets are quiet in the Asia-Pacific session. Japan is on holiday contributing to the lackluster price action. Yesterday’s US CPI data whipped traders around as well as the initial reaction was to the downside in the greenback, and then reversed back to the upside with the rise in US rates However in the
A broad review of the technicals from a short and long term perspective As the week comes to a close in Europe, what does the price action from the EURUSD EUR/USD The EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symbol €, code EUR), and the dollar of the United
