The major US  indices  Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and

USDCHF stalled near a swing area from back in April The USDCHF moved sharply lower on Monday and lower again on Tuesday. Wednesday and Thursday saw choppy action but stayed above the Tuesday low. Today, the price action has been up and down, but the price of the USDCHF did extend to a new week

EURUSD moves back toward the rising 100 hour moving average The EURUSD started the US session above the 100 hour moving average after a successful test during the London session stalled the fall (eurusd-backs-up-to-the-100-hour-ma-and-sees-modest-bounce-20220527/” target=”_blank”>see post here). The price continued the rally to the upside as softer data helped to push the dollar lower. The

NZDUSD breaks higher today The RBNZ raise rates by 50 basis points on Wednesday. On that day, the  NZDUSD  NZD/USD The NZD/USD is a commonly offered currency pair representing the New Zealand dollar or Kiwi and US dollar.  The pair is popular for exposure into a commodity currency, i.e. the NZD, which helps capture risk appetite for forex

GBPUSD trades above and below the 50% midpoint The GBPUSD moved up to test the 50% of the move down from the April 21 high yesterday, and broke above that level at 1.2622 early in the Asian session today. The high price also extended above the May 4 high at 1.26373 on its way to

USDCAD trades below its 50% midpoint The USDCAD moved lower in the early Asian session and in the process broke below its 50% midpoint of the move up from the April 21 low. That level comes in at 1.27677. The price has stayed below that midpoint level since the break. Stay below the 50% retracement

USDJPY confined by technical levels above and below The UDSJPY has traded down and back up and trades modestly lower vs. the close from yesterday. The current price is trading at 126.94. The price closed at 127.07 yesterday. Looking at the hourly chart above, the high price today reached 127.192. That was just short of

EURUSD finding support against its 100 hour moving average 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 States (symbol $, code USD). The pair’s rate indicates how many euros are needed in order to purchase one

The strongest to weakest of the major currencies The  NZD  NZD The New Zealand Dollar (NZD) is the official currency of New Zealand and the tenth most traded currency in the world. Also referred to as the Kiwi, the currency is also utilized in several Pacific islands, including Tokelau, the Cook Islands, Pitcairn islands, and

AUDUSD traders await the next shove The  AUDUSD  AUD/USD The AUD/USD is the currency pair encompassing the Australian dollar of the Commonwealth of Australia (symbol $, code AUD), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in order to purchase