Technical Analysis

Breaks below the 1.1100-09 swing lows for 2019 The EURUSD has made a break for it.   The break?  Below the low for 2019.  Those lows came in at 1.11094 from the week of April 9.  During the week of May 19, the low reached 1.11064.  Last week the low reached 1.11007. Today, the price moved
A series of bullish clues in trading on Monday There was a series of successive bullish technical clues in the gold hourly chart during Monday’s trading. The swing low on Monday stalled right at a lower trend line and bounced (trendline is at $1415.52 currently) The price moved above the 100 hour moving average (blue line)  at $1420.83  The price moved above the
NASDAQ leading the way at 100 points the stocks continue to move higher with the NASDAQ leading the way at up 100 points or 1.21% at 8338.62. The S&P index is also up strongly at 23.61 points or 0.79% at 3027.28. Leading the way his Alphabet, up $121 or 10.65%. Not participating is Amazon, Intel and Facebook which
Broader indices trade near session highs With 2 or so hours left in the trading day, the broader S&P and NASDAQ index are looking to close with record highs. The S&P index is currently up 19.78 points or 0.66% at 3023.47. The record close came in on Wednesday at 3019.56. For the week, the S&P index reached a low of 2976.65 on
Looks to test 0.6900 level The AUDUSD has ticked below the 0.6910 low from July 10th and in the process, has reached new session lows.  The price ticked to 0.6907 with eyes to the 0.6900 level.  The most recent low was reached on June 18 at 0.68312. The low for the year reached 0.6741 on