The USDCHF has been trading in a range of only about 50 pips since midday Monday. What does that tell me? The market is non-trending. Buyers and sellers are battling, but neither side is taking control. Moves higher find sellers. Moves lower find buyers. The price goes back and forth. The 100- and 200-hour moving […]

Crude oil is trading around $89.84, pulling back after reaching the upper band of the downtrend channel that has been forming since September 23. Technically, the instrument is consolidating around the 200 EMA and the 21 SMA, which suggests it may resume its uptrend in the coming days. Crude oil has a key support level

There are plenty of ways to track the latest concerns around France and Europe, and we’ve already talked about some this week: Macro pulse: France-Germany yield spread breakout puts euro area contagion risk in focus Connecting the dots: How France’s budget problems are turning into the euro’s problem In adding to that, I think EUR/CHF is