Technical Analysis

The major US stock indices are closing lower with the broader indices down over 1.3% and the Dow 30, down -0.95%. Looking at the closing levels: Dow industrial average -453.19 points or -0.95% at 47501.55 S&P index -90.69 points or -1.33% at 6740.02. NASDAQ index -361.31 points or -1.59% at 22387.68. Russell 2000 of small-cap […]

The recent rise in Bitcoin and Ethereum, showing convincing upward movement, has brought renewed optimism to the market. Many participants now believe the crypto market, having passed through a prolonged downturn, is on the verge of a new bull cycle. The roughly 44% slump in market quotes from October through February may have been the

The USD/CAD is currently locked in a tug-of-war as technical support meets a sharp fundamental shift in energy markets. While broad US Dollar strength provided an early lift, the pair has encountered a significant “ceiling” that remains unbroken. The Fundamental Context: Oil vs. Greenback The primary catalyst for the recent reversal is a 7.3% surge

Having started the week and month with a sharp drop at the open, markets enter a new phase of high volatility in which traditional risk-off flows collide with uncertainty about monetary policy and corporate outlooks. Geopolitical risk dominates, and the coming days may be critical: escalation could lead to a deeper correction, as we suggested

The GBPUSD dipped below its 200-hour moving average during the European session but rebounded into the US morning. That recovery, however, ran out of steam ahead of the session highs. When price rolled back below the 200-hour MA (1.3521) and then the 100-hour MA (1.35125), sellers reasserted control and downside momentum accelerated. The pair extended

*) see also: InstaForex trading indicators for USD/CHF The USD/CHF pair is attempting a corrective rally and, ahead of Thursday’s session, is testing the 0.7745–0.7755 area while remaining in a broader bear market. However, the move is unstable as the market balances dollar support against demand for defensive assets, including the Swiss franc. The main