Stocks rotate back to the downside

The Dow and S&P are trading at session lows. With the declines, the S&P is now more comfortably below its 100 day moving average of 4576.85. The current price is trading at 4560, down 16.88 points or -0.37%.  S&P index is trading below its 100 day moving average Meanwhile the Dow ...
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GBPJPY tests lows from last week

GBPJPY test the swing lows from last week Recall from last week, the price moved below a swing area between 155.918 and 156.06. The price low moved to 155.449 before rebounding and closing back above that swing area. On Monday, the swing area held support again before moving higher in r...
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EURUSD bounces near 100 hour MA

EURUSD on the 4-hour chart The EURUSD moved lower and lower today. In the process, the pair moved below what was a swing area going back to November. That area held earlier in the week.   Moving below, increased the bearish bias and kicked the price lower.  Looking at the 5 minute char...
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