To my eye, this chart looks like it will form a top at 1.3270 and if it can break and consolidate below 1.3050, we should see a smart move lower towards the August lows near 1.2315. Obviously a clean break above 1.3300 negates the pattern.
To my eye, this chart looks like it will form a top at 1.3270 and if it can break and consolidate below 1.3050, we should see a smart move lower towards the August lows near 1.2315. Obviously a clean break above 1.3300 negates the pattern.
Most Popular
Sponsored
Oil jumps 3.5% as Hormuz closure sparks supply shock; inflation fears rise.
Gold up 46%, Silver up 141%! ETFs offer cheap hedges against geopolitical turmoil.
US futures trade has opened for the new week, oil is higher and equites a bit lower Oil is higher. Up more than 3%. ES and NQ are a touch lower. Barely off at all.
S&P 500 hits record highs on AI boom & strong jobs. Chip stocks lead the charge, fueling investor optimism.
Global oil inventories plummeting 10-13M bpd. Supply loss could hit 27%. Demand destruction looms.
Cerebras Systems IPO price jumps to $150-$160, seeking $4.8B on AI chip demand. Orders 20x shares available!
Futures aren't open yet, but early FX is pointing to risk off gap
Sponsored