The financial market balls are in motion as tensions increase/threat of full invasion

The various market balls are all in motion as Russian full invasion anticipated.

The major US stock indices are now trading lower across the board:

  • Dow industrial average -136 points or -0.39% at 33470
  • S&P -23.4 points or -0.54% at 4281.50
  • NASDAQ index -105 points or -0.79% at 13275.50
  • Russell 2000 is down -8.73 points or -0.44% at1971.43

in Europe:

  • German DAX is down -0.4%
  • France’s CAC is now unchanged
  • UK’s FTSE 100 is up 0.1%
  • Spain’s Ibex is down -0.7%
  • Italy’s FTSE MIB is down -0.2%

In  commodities 
Commodities

Commodities are assets that are either naturally grown or occurring in the environment. Most commonly this includes precious metals such as gold, silver, and palladium.Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others.Relative to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing products.Commodities can be traded on exchanges where investors work as a team to purchase or trade products in an attempt to generate profit from the fluctuation of market prices or because they need that particular product.Additionally, commodities are often traded through the use of exchange-traded-funds (ETFs) to give exposure to investors.How to Trade CommoditiesCommodities trading is not reserved only for institutional traders but also ordinary retail ones as wellNearly all retail brokers carry some offering of commodities, giving investors access to these assets.Investors, just like companies or other investment institutions, are able to make a profit from daily changes in commodity prices. There are several methods that investors can use to trade commodities. Commodities can be traded in futures – these are contracts that direct the purchase or trade of a commodity at a certain price. Futures trading can be particularly risky and is usually reserved for more advanced traders given the complexity of these trades.In addition, commodities can also be traded with options – this means the commodity is purchased or traded at a particular date and price.Commodities are also commonly traded with leverage, not unlike other assets, which can result in large profits or losses due to volatility in markets.

Commodities are assets that are either naturally grown or occurring in the environment. Most commonly this includes precious metals such as gold, silver, and palladium.Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others.Relative to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing products.Commodities can be traded on exchanges where investors work as a team to purchase or trade products in an attempt to generate profit from the fluctuation of market prices or because they need that particular product.Additionally, commodities are often traded through the use of exchange-traded-funds (ETFs) to give exposure to investors.How to Trade CommoditiesCommodities trading is not reserved only for institutional traders but also ordinary retail ones as wellNearly all retail brokers carry some offering of commodities, giving investors access to these assets.Investors, just like companies or other investment institutions, are able to make a profit from daily changes in commodity prices. There are several methods that investors can use to trade commodities. Commodities can be traded in futures – these are contracts that direct the purchase or trade of a commodity at a certain price. Futures trading can be particularly risky and is usually reserved for more advanced traders given the complexity of these trades.In addition, commodities can also be traded with options – this means the commodity is purchased or traded at a particular date and price.Commodities are also commonly traded with leverage, not unlike other assets, which can result in large profits or losses due to volatility in markets.
Read this Term
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In the forex,

  • The EURUSD is now trading to a new session low of 1.13132. That took out the Asian session low of 1.1315. The 50%midpoint of the year’s trading range comes in at 1.13075. Below that and traders will start to target the swing low from yesterday at 1.12874 and the swing low from last week at 1.12791
  • The GBPUSD as moved below its 200 hour moving average at 1.35765 and trades to a new session low of 1.35504. the pair is testing the 50% midpoint of the 2022 trading range at 1.35526. A move below would have traders looking toward the swing low from yesterday and the swing lows from February 16 near 1.3536.

The USD is moving higher vs the CAD, AUD and NZD as well but still remains lower on the day vs. those currencies.

  • The USDCAD has recently moved back above its 200 and 100 hour moving averages near 1.2724 and 1.2729 respectively. Earlier today, the price cracked below those moving averages on its way toward the swing lows from last Thursday and Friday near 1.2673. The low price today reached 1.2682 before moving back to the upside
  • The AUDUSD moved above its 100 day moving average earlier today at 0.7240. That was the first break above that moving average since January 14. The high price extended to 0.7283 before rotating back to the downside of the last few hours on the increased tension. The price has now moved back below the 100 day moving average at 0.7240. traders will now eye the 100 day moving average up to the swing high from February 10 at 0.7248 as resistance. Stay below keeps the short term bias more to the downside after the failed break..

AUDUSD

AUDUSD fails on break of 100 day moving average
  • The NZDUSD moved sharply higher today on the back of a more hawkish RBNZ rate decision. They raise rates by 25 basis points but implied that it was a close call with a 50 basis point hike. The price moved up to test the early January swing highs near 0.68087, and found sellers against that target level. The price has moved lower over the last few hours on the overall dollar buying. Traders will eye the 0.6752 to 0.6764 as potential support. A break below would start to weaken the short term perspective and could see traders next eyeing the rising 100 hour moving average at 0.67229 ultimately.

NZDUSD

NZDUSD backs off of intraday high

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