You can see that we have gapped higher to kick off the trading week on Monday as you would expect now that the bat between the Americans and the Chinese might be over. We just don’t know. We’ve actually seen a calming of tensions from both sides. So that’s a good sign. I think basically,…
The US dollar has rallied a bit during the early part of the session on Monday, as we are breaking above the 1.40 level. The market has been very important. All things being equal, we had recently been consolidating between the 1.37 level and the 1.39 level but broke out of there, we tested 1.39…
The US dollar has rallied a bit against the Swiss franc during the early hours here on Monday, as we see a little bit of a recovery after the Friday shock of the US Chinese problems. That being said, I think this is a situation where we continue to see a bit of a base…
The light sweet crude oil market has been bullish during the trading session here on Monday as we continue to see a lot of volatility. Of course, some of that selling on Friday would have been fear over the U.S. Chinese trade situation and the tensions picking up. Now that it seems like it’s abating…
Ethereum has shown itself to be a little bit of a mixed picture during the trading session on Monday after what had been a very big Sunday once it became a little bit obvious that perhaps the Chinese and US tension was going to drop a bit. But I’d point out that we are struggling…
Bitcoin went back and forth during the trading session on Monday, as we continue to see a lot of questions asked of crypto at the moment, especially as the Friday session was so horrific. At this point, the market is likely to continue to look at the 50 Day EMA with suspicion, and if we…