The drop below $94 per barrel reported here earlier on has now extended further to the downside as the price draws towards $93.25. It was noted here earlier; that the RSI was approaching an overbought position above 80, on a 14 Day basis. Well, that has now eased somewhat as the price has fallen back. The low seen so far has just been set at $93.34. It is above that low right now, currently trading at $93.45
DAX has a look above 16,500 and takes one step closer to a new record
Following on from a series of updates this week and last, the DAX has taken one step close to a new record high this afternoon. The DAX has lifted...
Dow Jones and Nasdaq flips positions as yields fall and tech rebounds
Ever since the opening for the US stock markets today we have seen a reversal in the divergence between the Nasdaq 100 and the Dow Jones, That is to...
GBP/USD takes out double bottom at 1.2604 but rebounds on JOLTS data
Not long before the US economic releases this afternoon, the GBP/USD made a brief move below the noted 1.2604 double bottom on the daily charts. The...