Tag Archives: FTSE

The seeds of change may be blooming as the IEA sees the strongest global oil-demand growth in two years as price approaches $50/bbl.

Silver found resistance and is pulling back towards support, watch price action to determine if it will hold.

The Euro turned lower after finding resistance below the 1.21 figure against the US Dollar as expected, breaking trend line support guiding it higher since mid-June.

Crude oil prices touched $50 today. Continued strength may open the door for $55.

The Canadian dollar uptrend that took off in May and has spent little time looking back has hit a speed bump as short USD positions are covered, but strength may remain.

The Japanese Yen is in an ambiguous position against the US Dollar, at least in the short term, and it may well pay to wait at least for this week’s close.

The New Zealand Dollar has breached the bounds of a short-term corrective upswing, hinting that the downtrend started in late July against its US namesake is resuming.

A hawkish BoE, strong sterling is doing the footsie no favors as it trades below a very important level of support.

The Euro turned sharply lower against the British Pound after breaking rising trend line support guiding prices upward since mid-July, as expected.