Analyzes

The USD/SGD has moved higher in the past day, and the currency pair has provided a rather intriguing technical set of results compared to the broad Forex market.

The USD/MXN is essentially trading within a price realm it occupied on the 16th of September, the day before the U.S Federal Reserve’s interest rate decision which caused a momentary storm a week ago.

Nvidia is looking a little softer during the trading session here on Tuesday after an explosive Monday. It was announced on Monday that Nvidia was going to purchase a huge portion of OpenAI investing $100 billion in order to expand its footprint across AI. And of course, people got excited. The market shot straight up…

Ethereum has been fairly quiet during the trading session here on Tuesday as we hang around the 50 day EMA. The 50 day EMA of course is an indicator that a lot of people will be paying attention to. But I think what’s even more important is the $4,000 level just below. The $4,000 level…

Bitcoin is trying to find a little bit of strength and support in this general vicinity of $113,000. And the market breaking down the way it has only to turn around and form a bit of a hammer does suggest that perhaps we have a real shot at bouncing here. The 50 day EMA, of…

The light sweet crude oil market initially pulled back just a bit to test the $62 level, a level that’s been important for several weeks. If the market were to break down below there, then we could open up the possibility of a move all the way down to the $60 level. But I think…