Technical Analysis

USDCAD takes a breather The USDCAD has raced higher in trading today and in the process really had limited corrective price action. There was a brief consolidation after the better-than-expected GDP, but it has been racing back to the upside over the last few hours. However, the last 20 minutes have seen a rotation to
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Nasdaq futures technical analysis video (2 and half minutes): I like to look for a ‘story’ that a chart tells me (in my opinion) and also follow charts in hindsight to learn where those stories developed, where there were hints on the way, etc. For example, if there was a failed breakout up, bulls are
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Watch the following 60 second video to see a quick technical analysis snapshot of Nasdaq futures, based on simple daily candles, volume and one of the most watched technical indicators. In short, Nasdaq is looking bullish as buying volume dominates the double bottom pattern and the daily candles are above the 20 EMA (exponential moving
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