Technical Analysis

STOCK MARKET UPDATES FOR TODAY: Wall Street’s negative lead from Friday has spread to Asia on Monday, 25th of July, 2022. Slow growth and tighter policies impact on markets. In bumpy trading this morning, the Australian stock market is marginally down, extending the previous session’s losses. The S&P/ASX 200 is below 6,800 after Wall Street’s

Yesterday is beginning to look like the last gasp for bond bears. One of the most-crowded trades in the world is short-bonds — the classic widow maker. It finally paid early this year but 10-year yields have fallen to 2.80% from 3.50% a month ago. Yesterday, 10 years looked like they might rise again on

The flash PMI services data comes out weaker than expected and below the 50% level (to 47.0) suggesting a contraction of activity as a result of the shock from higher prices (even in services). That has pushed the  US dollar  lower against all the major currency pairs: EURUSD has move back above its 100 hour

> Technical Analysis > Bitcoin technical anlalysis & managing a profitable bitcoin short trade Technical Analysis Bitcoin Technical Analysis A quick look at what BTCUSD is doing and following up on a trade idea previously presented for shorting BTCUSD (for short to medium term traders) ForexLive Saturday, 23/07/2022 | 16:28 GMT-0 23/07/2022 | 16:28 GMT-0

The US 30 year yield is trading back below the 3.0% level for the first time since May 30, moving to a low of 2.953%. The yield reached its week high just yesterday at 3.208%. The high yield for the cycle peaked at 3.493% on June 16. The service sector PMI data was horrible today

The AUDUSD tested a cluster of resistance on the daily chart between 0.6966 to 0.69935 area today. The area represents a swing area (see yellow area and red numbered circles). Also in the area is a downward sloping trend line at 0.6977 ant the 50% retracement of the recent run down from the June high

Recall from the post yesterday, the price of natural gas pushed higher in late trading, extending above the 50% retracement of the move down from the June 8 high on the hourly chart above. That level comes in at $7.49. The high price reached reached $7.74. In trading today the price corrected to the downside

IN this video, I extend the short term  EURUSD  analysis to incorporate a view from the daily chart and ask “What if?”. If you don’t constantly ask “what if?”, you are missing out on telling the story. It is also a way for traders to see the future. That story may change. There are no

Technical analysis is a form of financial analysis, usually visual, that looks for trends on price charts, and makes predictions based on patterns in market data presented on graphs In technical analysis, a measured move is a technical concept that assists traders in setting their trade plans. Measured moves can be either bullish bearish moves,

Yesterday, there was a risk-on flows into the AUDUSD as the dollar fell, stocks rallied and yields moved lower. Today, the  AUDUSD  is not seeing upside risk-on flows despite another up day for stocks. In fact the AUDUSD is lower on the day. Admittedly, the yields are higher. Whereas the 10 year  yield  was below

The GBPUSD has now moved back below the natural support at 1.2000 and has seen some liquidation of some long positions. The price has moved down to 1.19850. Looking at the 5 minute chart above, the pair is testing the midpoint of the day’s trading range and is back below the rising 200 bar MA

Natural gas futures moved up to a high price today of $7.46 before topping and rotating marginally to the downside. The current price range that $7.23. Looking at the hourly chart the recent cycle high peaked on June 8 at $9.65. The subsequent move to the downside saw the price move down to $5.32 on

We look at what the stock market did today and where it is at, via the Russell 2000 futures Profit takers seem to be waiting at the resistance line shown in the stock market technical analysis video below and the Russell futures may sell off till the value area high (VAH) of the range or

The GBPUSD has seen the price action bottom in the early hours of the NY session at 1.19516, run up for 3 hours to a high of 1.20326 and then rotate back to the downside and nearly retrace the run higher. The low just reached 1.19522. Technically, the run higher saw the pair move above

London trader are heading home with the EURUSD reaching a new high for the day before the clock ticked 5 PM. US traders in the morning session that saw retail sales (better than expected), industrial production (worse than expected) and Michigan consumer sentiment (better than expected). The Fed speak saw Bullard up his 2022 end

As EURO and USD was looking it is getting to parity, a trade idea to fade the recent decline and go long was created The trade idea had 3 buy orders ready below EURUSD 1 But only 1 of those got filled before the Euro USD pair shot up This leaves the stop loss too

The video below presents a technical analysis for Gold as the price of XAUUSD is close to $1700 and the trade idea, for your consideration, becomes applicable only if the $1700 ’round number’ price is lost (crossed down). If that happens, we look to fade the downward move, so seeking to enter a long position

The USDCHF has ping-ponged between the 200 hour MA below and the 100 hour MA above in the US session. The 200 hour MA comes in at 0.97726. The 100 hour MA comes in at 0.98155. However, in the last few minutes the price has seen a dip below the MA level to a new