Breakdown of H&S looks likely
A mild recovery in S&P500 futures is indicating that the risk-on mood is attempting to regain traction. A breakdown of an H&S chart pattern will result in the sheer downside … Read More
A mild recovery in S&P500 futures is indicating that the risk-on mood is attempting to regain traction. A breakdown of an H&S chart pattern will result in the sheer downside … Read More
AUD/USD pares intraday losses at the highest levels in 12 days. Sluggish RSI, MACD signals also favor pullback moves targeting previous resistance from mid-December. 200-SMA adds to the downside filters, … Read More
NZD/USD struggles to defend two-day uptrend, seesaws around intraday high. Bearish MACD signals, sustained trading below 21-DMA keep sellers hopeful. One-month-old ascending trend line restricts immediate downside before the monthly … Read More
US Dollar Index seesaws near the lowest levels in six months. One-month-old descending trend line triggers repeated bounces of the DXY. Oversold RSI suggests corrective move but 200-day EMA appears … Read More
The Cable is facing barricades while attempting to break above 1.2300. Advancing 20-and 50-EMAs signifies more upside ahead. A range shift by the RSI (14) into the 60.00-80.00 area will … Read More
NZD/USD remains depressed after reversing from six-week high. Bulls are safe above 0.5790 but oscillators and failure to cross 50-DMA tease sellers. Multiple hurdles stand ready to challenge buyers past … Read More
Emini S&P September beat strong resistance at 3985/95 to target strong resistance at 4060/80. A high for the day exactly here in fact. Nasdaq September futures longs at support at … Read More
AUD/USD plunged more than 0.50% on Friday amidst a buoyant greenback. The major slid in each day of the week; losing between Monday-Wednesday almost 3%. A break below 0.6869 clears … Read More
Based on a softer US inflation report, USD/JPY climbs during the week by 1.14%, after a volatile last three days. USD/JPY is neutral biased, but a doji emerging in the … Read More
Fuelcell Energy reported Q2 adjusted EPS of $-0.08 on revenue of $16.4 million. Analysts had forecast EPS of $-0.05 on $32.3 million in revenue. FCEL stock price is down 10% … Read More