Categories Finance

Crude oil futures is settling $70.37

The price of crude oil futures are settling down -$0.63 or -0.89% at $70.37. The low price for the day reached $69.52 while the high price was at $71.78. At session lows, the price is at its rising 200-hour moving average (green line on the chart below). The…

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Categories Finance

USDJPY moves closer to the rising 100 hour MA

The USDJPY has had its share of ups and downs in trading today. In the NY session the high reached up toward resistance at 144.58.That level represents the 50% of the pair trading range from the January 2023 low (see the chart above). The high price in the…

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Categories Finance

S&P and Dow industrial average close at record levels

US stocks are closing with modest gains. Even with the small gains, the S&P and Dow industrial average are closing at record levels. A snapshot of the closing levels shows: Dow industrial average rose 61.29 points or 0.15% at 42124.65S&P index rose 16.02 points or 0.28% and 5718.57NASDAQ…

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