Going back in time, the NASDAQ index has been above its 200 hour moving average going back to April 24. Today, the price decline dipped below that moving average (at 20598) to a level of 20573 before bouncing back to the upside. The index is currently at 20692. Watch that moving average for bias clues. A break below would…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
US President Donald Trump fired the head of the Bureau of Labor Statistics on Friday after getting jobs numbers he didn’t like. It’s an extremely concerning move for anyone hoping to trade based on reliable economic data. it’s also reminiscent of Argentina and various other despotic regimes and it’s never ended well. At some point, it’s going to be…
Australia CFTC AUD NC Net Positions: $-78.1K vs $-81.3K
The Bank of Canada’s July monetary policy decision delivered exactly what markets expected – a steady hand at 2.75%. At the time, traders also balanced the BOC’s data-dependent stance against a backdrop of wavering trade optimism and pre-FOMC positioning. Let’s examine which pairs from our watchlist made sense to move forward on, and how they performed in this environment…
OPEC+ announced an oil production increase of 548,000 barrels per day for September. The move was widely expected after the group began taking bigger steps to unwind its production curbs over the summer. Initially, OPEC communicated an 18 month plan to slowly unwind production but it since stepped up the pace and now the entire 2.2 million barrels per…
United Kingdom CFTC GBP NC Net Positions: £-12K vs previous £0.6K
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
Stock heatmap by FinViz.com Fri, 01 Aug 2025 14:46:14 GMT The turbulence in the US stock market persists as tech stocks take a hit, while healthcare shows signs of strength. Investors may need to recalibrate strategies amidst this sector divergence. 🔍 Sector Overview Technology: The technology sector is feeling the pinch today, with prominent names like Amazon (AMZN) plunging…
