Equities erased yesterday’s sharp losses, after Fed Chair Jerome Powell spoke on Capitol Hill about the state of monetary policy. In his remarks, Powell indicated that the American economy remains... Read more

The Sterling fell soon after the release of UK inflation data which was largely in line with expectations, but some key elements of the report were softer and this could... Read more

“Buy low, sell high!” This is the mantra of every trader. In the case of a short trade, “Sell high, and cover low,” also applies. However, in most cases traders... Read more

USD holds at highs (USDIndex 104.51), Stocks closed up over 2% (NASDAQ +2.51%) – (1) dead cat bounce & another bear market rally or (2) signs of peak inflation and... Read more

... Read more

Introduction to the Constant Range Detector Indicator Market volatility is one of the elements of technical trading which may provide traders some insight with regards to how the market is... Read more

USD holds at highs (USDIndex 104.16), Stocks closed higher in Europe (DAX +1.01%, FTSE100 +1.50%) & Asian shares opened over 1% higher and closed positively (Nikkei +2.09%) US Futures +1.15%.... Read more

AUDUSD bounced back after approaching the May 2022 low at 0.6828 after a big fall due to the strengthening of the USD in June where it slipped from a high... Read more

... Read more

USD holds at highs (USDIndex 104.13), Stocks mixed on Friday & third week lower (S&P500 -5.79% & worst week since March 2020, down -23% YTD) For the Dow, this was... Read more