The German index gapped lower to kick off the trading session here on Monday but found buyers after filling a gap from last week. In post-market trading, we are starting to see a bit of buying pressure as well. So, I do think that we continue to be attracted to the 50-day EMA currently at…
The British pound has rallied slightly during the trading session here on Monday, but you can see that we’re just hanging around the 50 day EMA. And it looks a lot like a market that is just simply going sideways after a significant drop over the course of three days. But uh this is still…
A business model that can thrive in the current tariff environment, a strong current ratio, and a fresh brand positioning that empowers buyers provide reasons to go long. Is it time to take delivery of a buy?
The Australian Dollar (AUD) slipped again on Monday, with AUD/USD dropping back under the 0.6600 support level. That move came after last week’s failure to hold above the 0.6700 mark, which had been the highest in months.
After touching its highest level since early July above 1.3720 last Wednesday, GBP/USD made a sharp U-turn and suffered large losses in the second half of the week to close in negative territory. The pair holds its ground early Monday and clings to small gains at around 1.3500.
The US Dollar enjoyed some near-term demand at the weekly opening, but quickly changed course. As a result, the EUR/USD pair is up on Monday, trading around 1.1780 and up from an early low of 1.1726.