Tag: tests

Fragile yen tests 1998 low, sterling holds its breath By Reuters

© Reuters. FILE PHOTO: Banknotes of Japanese yen are seen in this illustration picture taken September 23, 2022. REUTERS/Florence Lo/Illustration By Rae Wee SINGAPORE (Reuters) - The yen languished near a fresh 24-year low...

NZDUSD tests topside swing area and 100 hour MA as buyers make a play.

The NZDUSD is making a run to the upside today after three days of declines for the pair. The price at the lows today stalled at an old trend line and bounced, the...

S&P 500 Tests Yearly Low Ahead of Earnings Season

S&P 500 Technical AnalysisUS equities forecasted to see a massive cut in earnings growth in Q4 while remaining positiveS&P 500 testing the 2022 lowIG client sentiment hints at a bearish continuation with 65%...

USDCAD tests the 200 hour MA as oil rise helps to send the loonie higher (USDCAD lower)

That move to the downside has now returned back to the 200 hour moving average at 1.3677. The low price just reached that level and found support buyers. The current price is trading...

Oil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTI

WTI, OPEC+ – Talking PointsOPEC+ agrees to cut oil production by 2 mln barrels per dayWTI rallies into key trendline resistance, 50-day moving averageWhite House extremely disappointed with OPEC “alignment with Russia” Recommended by...

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