Blogs

Crude oil reverses. Down $ 1.00 on the day

Forex

<p>The price of crude oil is down over one dollar now at $70.61. That takes the price down -$1.04 on the day. At session highs the price reached $73.64 up $1.99.</p><p>Technically, today's price high stalled near the 100 and 200-hour MAs (blue and green lines on the chart above). THe inability to move above those […]

US stocks not doing too well to start the trading year

Forex

<p>The major US stock indices aren't taking the S&amp;P global PMI data news very well as major indices trade lower. The declines were led by the Nasdaq index which is down -1.60%. The Nasdaq index led all the major indices last year with a gain of 43%.. The Dow Industrial Average is only down -0.11%.</p><p>A […]

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