WTI

XTI/USD Technical Analysis: Crude Oil...

Crude oil price remained in a solid uptrend and moved above the $55.00 resistance this week against the US Dollar. The price traded towards the $55.50 level where sellers emerged, resulting in a fresh decline. The price traded…

Read more
CHEVRON

Chevron – Waiting on a...

Chevron, Daily The major Oil companies are in the middle of their reporting season, with Q4 earnings due today (February 1) for both ExxonMobil and Chevron. Yesterday Royal Dutch Shell reported a strong rise in fourth quarter and…

Read more

EUR/USD Technical Analysis: Euro dwelling...

EUR/USD daily chart EUR/USD is trading in a bear trend below the 200-day simple moving averages (SMAs). The US nonfarm payrolls exceeded expectations with 304K vs. 165K forecast. However, the price action on EUR/USD is mixed as investors…

Read more

GBP/USD Technical Analysis: Cable bears...

GBP/USD daily chart GBP/USD is trading just above its 200-day simple moving average. The US nonfarm payrolls (NFP) in January beats expectations with 304K vs. 165K forecast. GBP/USD 4-hour chart GBP/USD is trading above the 200 SMAs suggesting a bullish…

Read more

USD/JPY Technical Analysis: The 109.20...

USD/JPY daily chart USD/JPY is trading in a deep pullback below the 50, 100 and 200-day simple moving averages (SMAs) on the daily chart. The US nonfarm payrolls (NFP) in January smashed expectations with 304K vs. 165K forecast.…

Read more

Oil Technical Analysis: Black Gold...

Oil daily chart Crude oil WTI is trading in a bear trend below its 200-day simple moving average. WTI dropped about $1.60 in the New York session. Oil 4-hour chart WTI is trading above its main SMAs suggesting bullish…

Read more

US Dollar IndexTechnical Analysis: DXY...

DXY daily chart The US Dollar Index (DXY) is in a bull trend above 200-day simple moving average (SMA). DXY 4-hour chart DXY is trading below its main SMAs suggesting a bearish bias in the medium-term.  DXY 30-minute…

Read more

EUR/GBP Technical Analysis: Euro bulls...

EUR/GBP daily chart EUR/GBP is trading in a sideways trend below the 50, 100 and 200-day simple moving averages (SMAs). EUR/GBP 4-hour chart EUR/GBP is trading below the 100 and 200 SMA on the 4-hour chart. EUR/GBP 30-minute…

Read more

S&P500 Index Technical Analysis: US...

S&P500 daily chart The S&P500 Index is recovering strongly after the deep pullback below the 200-day simple moving average (SMA). Bulls have now retaken the 50 and 100 SMA as the market is at 2-month’s high. S&P500 4-hour chart…

Read more

AUD/USD Technical Levels: Bear RSI...

The AUD/USD pair is looking heavy while heading into China Caixin PMI release, which is expected to show the manufacturing sector in the world’s second-largest economy contracted in January.  Hourly chart As seen above, the relative strength index…

Read more