Tag: hour

USDCHF sharply lower, but finds support near the 200 hour MA

The USDCHF moved higher initially after the US jobs report, but then reversed and tumbled to the downside. The fall took the price back below the 100 hour moving average at 1.0030 and...

USDCHF consolidates gains between the 100 and 200 hour moving averages

The USDCHF is trading higher today after an early dip in the Asian session. Technically, the move to the upside was able to get above a swing area between 0.9917 and 0.99299....

US treasury is auction off $43 billion of a 5 year notes at the top of the hour

The US treasury will auction off $43 billion of a 5 year notes at the top of the hour. The auction comes after yesterdays tepid response for the 2 year auction especially from...

Weekly oil inventory data will be released at the bottom of the hour

The weekly EIA inventory data will be released at the bottom of the hour (for the week of October 14, 2022). Expectations are for:crude oil a build of 1.380Mgasoline a drawdown of -1.114Mdistillates...

S&P backs off of its high levels.Rally stalls ahead of its falling 200 hour moving average

The S&P index moved above its 100 hour moving average yesterday. That moving average (blue line in the chart above) comes in at 3666.77. The index moved above the moving average in the...

USDCAD tests its 200 hour MA. Bounces. Trades between 100/200 hour MAs. What now?

The USDCAD USD/CAD The USD/CAD is...

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