100 moving average at $13.82. 200 hour moving average at $14.13 the price of WTI crude oil futures for June are trading at $13.04 that's down $3.90 or -23.0%. The high price reached up to $16.98 while the low extended to $11.88.
Blogs
Gold not having a good day, but holds above MA support
200 hour moving average at $1707.11 currently Gold is not having a good day (for the bulls at least). The price is down $19.16 or -1.11% at $1710.59. The low price extended to $1706.30. The high was up at $1729.06.
AUDUSD continues to waffle above early April highs
April 14 at 0.6444 high The AUDUSD continues to waffle above early April highs. Those highs came in at 0.6444. THe price moved above that level in the Asian session. The low since then has been at 0.64435. The price currently trades at 0.64512. If the price is able to hold support their, that w
EURUSD retraces earlier gains
Trades near unchanged on the day The EURUSD moved back below the 200 hour moving average earlier and has continued to see more selling into the London close.
European shares end the day with solid gains
German DAX, +3.13%. France's CAC, +2.3% the major European indices are ending the day with gains across the board led by the German Dax up 3.13%. The German DAX, France's CAC, and Italy's FTSE MIB are closing near highs for the day.
USDJPY runs away from 100/200 hour MA
Looks to test April low The USDJPY is trading near session lows as the major stock indices open with gains (but off highs). The : BOJ early today
S&P opens higher but off pre-market highs
Some gains given up into the open The Dow was implying a gain of about 220 points earlier in the pre-market in the North American session. The index is trading off that level with a gain of about 120 points a few minutes into the opening.
GBPUSD traders consolidate the gains between 50% midpoint and 200 hour MA
Pair is higher after Asian session rally, but finds a stall point near the 50% retracement The GBPUSD rallied from the get-go in the Asian session and in the process continued the trend away from the 100 hour MA (blue line). Buyers were technically encouraged by the move above a topside trend line at 1.2374 […]
EURUSD trades near April's midpoint and finds sellers
April midpoint level is 1.08576 The price has been waffling in the London morning session above and below the 200 hour MA (green line currently at 1.08445). At the highs, the pair has also limited the gains against the 50% midpoint of the April trading range at 1.08576 (high at 1.09887 on April 15 and […]
The AUD is the strongest and the CHF is the weakest as NA traders enter for the day
The USD is weaker to start the trading week As the week gets underway in North America, the AUD is trending higher and is the strongest of the majors. The CHF and the USD are fighting for the weakest of the majors. The CAD is stronger despite the price of oil trading sharply lower with […]