Key Support Level For S&P 500
On the daily chart, price of the June E-mini S&P 500 futures contract has rotated to the bear since today's electronic open. Full Article
USD Under Fire Ahead Of The FED
It has been another brutal session for June USD Index futures, with prices falling beneath daily downside support. Full Article
WTI Crude Rejects $60.00 On First Test
A proximity test of the $60.00 handle in WTI crude during the U.S. overnight was a welcomed sight for energy bulls. Full Article
U.S. Markets Open In The Green
U.S. markets expect the FED to hold interest rates static, as shown by the CME FEDWatch Index assigning a 98.7% chance of rates holding firm Full Article
EUR/USD Signal in Profit – German Economic Sentiment Rises
ZEW Indicator of Economic Sentiment for Germany registered a strong gain of 9.8 points in March 2019, with the corresponding indicator jump. Full Article
NASDAQ Closing In On All-Time Highs
The June E-mini NASDAQ is well off of intraday highs (7379.50) and appears to be headed toward the red as we approach the closing bell. Full Article
USD/CHF Tests 62% Retracement
At press time (about 11:45 AM EST), the 62% Retracement (1.0002) is holding firm as downside support for the USD/CHF. Full Article
A Muted Weekly Wall Street Open
While the action on Wall Street is relatively slow, June E-mini S&P 500 futures are seeing significant participation. Full Article
EUR/JPY Soares Despite Stronger Industrial Production – Trade Plan
EUR/JPY has a solid resistance up there at 126.600 and that's the only hurdle which is keeping me away from taking a buying position.... Full Article
Economic Events Brief, Mar 18 – How to Trade Gold on Monday?
Gold traders focus on the US Federal Reverse policy meeting. The event is due on Wednesday, March 20. There's a strong probability... Full Article
Weekly Trading Levels for Forex & Commodities, Mar 18-22
The dollar licked its wounds after weaker US data increased sentiments the Federal Reserve will cut rates later this year... Full Article
Weekly Update, Mar 18-22: Top Forex Setups & Economic Events to Trade
The U.S. dollar declined against its peers on Friday and posted a weekly loss after weaker than expected data, adding concerns of an... Full Article
$60.00 On The Horizon For WTI Crude
Today has been a whipsaw affair for April WTI crude oil futures. At press time, price is very nearly unchanged, near the $58.54 handle. Full Article
EUR/USD Challenges 62% Retracement
On the daily chart, the EUR/USD is currently challenging an important 62% Fibonacci topside resistance level. Full Article
UM Sentiment Index Comes In Positive
It stands to reason that today’s UM Sentiment Index would give stocks a bump north. Thus far, this has not been the case. Full Article
