S&P500

S&P 500: Buying into weakness

S&P 500 CASH S&P did really well yesterday and although we couldn’t manage to close above 2704 and this we need to do…Tonight would be good…Once we can do this then really there is nothing much in the…

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February NFP Shock Resilience

Key datapoints: Maximum of max spreads — Widest spread we have seen: Max min spread in “The Rage” period — Nobody could keep it tighter than that   Historical comparison: There was hardly any warm-up phase before the…

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USD/JPY Technical Analysis: Stuck in...

   •  The pair extended its sideways consolidative price action and remained capped below 50-hour SMA, or the 109.00 handle ahead of the keenly watched US monthly jobs report (NFP).    •  The mentioned hurdle coincides with 38.2%…

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GBP/USD Technical Analysis: Set-up suggests...

   •  The pair held on to its weaker tone through the mid-European session and is currently placed at the lower end of its daily trading range, flirting with the very important 200-day SMA.    •  Dismal UK…

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WTI

XTI/USD Technical Analysis: Crude Oil...

Crude oil price remained in a solid uptrend and moved above the $55.00 resistance this week against the US Dollar. The price traded towards the $55.50 level where sellers emerged, resulting in a fresh decline. The price traded…

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CHEVRON

Chevron – Waiting on a...

Chevron, Daily The major Oil companies are in the middle of their reporting season, with Q4 earnings due today (February 1) for both ExxonMobil and Chevron. Yesterday Royal Dutch Shell reported a strong rise in fourth quarter and…

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EUR/USD Technical Analysis: Euro dwelling...

EUR/USD daily chart EUR/USD is trading in a bear trend below the 200-day simple moving averages (SMAs). The US nonfarm payrolls exceeded expectations with 304K vs. 165K forecast. However, the price action on EUR/USD is mixed as investors…

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GBP/USD Technical Analysis: Cable bears...

GBP/USD daily chart GBP/USD is trading just above its 200-day simple moving average. The US nonfarm payrolls (NFP) in January beats expectations with 304K vs. 165K forecast. GBP/USD 4-hour chart GBP/USD is trading above the 200 SMAs suggesting a bullish…

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USD/JPY Technical Analysis: The 109.20...

USD/JPY daily chart USD/JPY is trading in a deep pullback below the 50, 100 and 200-day simple moving averages (SMAs) on the daily chart. The US nonfarm payrolls (NFP) in January smashed expectations with 304K vs. 165K forecast.…

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Oil Technical Analysis: Black Gold...

Oil daily chart Crude oil WTI is trading in a bear trend below its 200-day simple moving average. WTI dropped about $1.60 in the New York session. Oil 4-hour chart WTI is trading above its main SMAs suggesting bullish…

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