Tag: 50Day
Crude Oil Price Reverses Ahead of 50-Day SMA to Eye Monthly Low
Crude Oil Price Talking PointsThe price of oil is under pressure after failing to test the monthly high ($90.39), and crude may track the negative sl [...]
USD/CAD Rebound from 50-Day SMA to Clear September Opening Range
Canadian Dollar Talking PointsUSD/CAD bounces back from the 50-Day SMA (1.2970) to clear the July high (1.3224), and the exchange rate may push towar [...]
Crude Oil Price to Test 50-Day SMA on Break Above Monthly Opening Range
Crude Oil Price Talking PointsThe price of oil is on the cusp of testing the monthly high ($90.39) despite a larger-than-expected rise in US inventor [...]
Gold Price Rebound Fizzles Ahead of 50-Day SMA
Gold Price Talking PointsThe price of gold gives back the advance from last week as the update to the US Consumer Price Index (CPI) fuels speculati [...]
EUR/USD Rebound Unravels amid Failure to Hold Above 50-Day SMA
EUR/USD Rate Talking PointsEUR/USD snaps the series of higher highs and lows carried over from last week as the update to the US Consumer Price Index [...]
USD/CAD Rate to Eye August Low on Failure to Hold Above 50-Day SMA
Canadian Dollar Talking PointsUSD/CAD trades to a fresh monthly low (1.2964) as it extends the series of lower highs and lows from last week, and the [...]
Hovering Just Below the 50-Day EMA
If we were to break down below the $1000 level, then the market could unwind quite drastically.The Ethereum market has gone back and forth on Thursday [...]
NZD/USD Threatens Yearly Low After Failing to Push Back Above 50-Day SMA
NZD/USD threatens the yearly low (0.6061) after failing to test the June high (0.6576), and the exchange rate appears to be tracking the negative slo [...]
Crude Oil Price Rebound Unravels After Testing 50-Day SMA
Crude Oil Price Talking PointsThe price of oil trades to a fresh weekly low ($88.27) despite a larger-than-expected decline in US inventories, and cr [...]
S&P 500 Fails at 50-Day Moving Average in Choppy Session for Equities
S&P 500 - Talking PointsS&P 500 fails at key technical moving average as equity weakness continuesRisk continues to struggle following Jerome [...]
Gold Price Outlook Mired by Failure to Push Back Above 50-Day SMA
Gold Price Talking PointsThe price of gold slips to a fresh monthly low ($1720) as it carves a series of lower highs and lows, and bullion may contin [...]
Slices Through the 50-Day EMA
We are getting relatively close to “The Merge” but is becoming increasingly obvious to me that perhaps we are “buying the rumor and selling the news” [...]
Gold Price Rebound Susceptible to Negative Slope in 50-Day SMA
Gold Price Talking PointsThe price of gold extends the rebound from the monthly low ($1728) as it snaps the series of lower highs and lows from last [...]
EUR/USD to Track 50-Day SMA After Testing Former Support Zone
EUR/USD Rate Talking PointsEUR/USD threatens the opening range for August as it trades to fresh weekly low (1.0122), and the exchange rate may track [...]
USD/JPY Eyes Monthly Low After Failing to Push Back Above 50-Day SMA
Japanese Yen Talking PointsUSD/JPY trades to a fresh weekly low (131.73) following the slowdown in the US Consumer Price Index (CPI), and the exchang [...]