Category: session

  • Crude oil futures trade to new session highs

    Crude oil futures are trading between the 100 and 200 week moving averages Crude oil futures are trading up about $1 on the day at $77.85 (up 1.25%). Today’s low extended to $76.18. This was the lowest level dating back to February 26th. This week, the price is currently down…

  • UK retail sales the highlight of the agenda in the session ahead

    The dollar benefited from yesterday’s US PMI data, along with a reversal in risk sentiment. US indices in particular ended with losses after starting the day brightly on the back of Nvidia’s increased profits. This leaves us with an atmosphere of caution in the final period of the week. For…

  • FMAS:24 Session Spotlight – Know Your Partner: Do’s and Don’ts in Tech and IBs

    In just a few days, the Finance Magnates Africa Summit (FMAS:24) will kick off in Sandton City, South Africa! Have you reserved your seat for the biggest event of the year in Africa? FMAS:24, held from 20 to 22 May at the Sandton Convention Centre, returns for the second year…

  • Update technical look at the EURUSD as the price stretches to new session highs

    EURUSD extends to a new session high and in the process: It succeeded in breaking away from the 100-day moving average at 1.08235, The 61.8% retracement of the downward move from the March high at 1.08354 moved above it. It extends towards the next swing zone between 1.0875 and 1.0887.…

  • FMAS:24 Session Spotlight – Becoming a Pro Trader: Tools, Habits, and Mindset

    There are only a few days left until the Finance Magnates Africa Summit (FMAS:24) kicks off in Sandton City. After months of anticipation, this year’s premier event in Africa will return from May 20 to 22 at the Sandton Convention Centre. This year will include several special additions, such as…

  • Dow ends higher for 6th session, but Treasury yields pressure market By Reuters

    Dow ends higher for 6th session, but Treasury yields pressure market By Reuters

    Written by David French (Reuters) – The index ended higher on Wednesday, extending its winning streak to six in a row and closing above 39,000 points for the first time in five weeks, as investors continued to bet on supportive US monetary policy. Other Wall Street indexes calmed slightly as…

  • The USD is the strongest and the AUD is the weakest as the NA session begins

    The USD is the strongest and the AUD is the weakest as the NA session begins

    As the North American session begins, the US dollar is the strongest and the Australian dollar is the weakest. The Japanese Yen sits just behind the Australian Dollar as one of the weakest currencies after comments from Japan’s Finance Minister and Bank of Japan Ueda failed to sufficiently scare off…

  • FMAS:24 Session Spotlight – How to Trade the News

    FMAS:24 Session Spotlight – How to Trade the News

    From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…

  • FMAS:24 Session Spotlight – Overcoming Impatience: Essential Tactics for FX Mastery

    FMAS:24 Session Spotlight – Overcoming Impatience: Essential Tactics for FX Mastery

    In just over two weeks, the Finance Magnates Africa Summit (FMAS:24) will be held in Sandton City, South Africa. This premium event takes place from 20 to 22 May at the Sandton Convention Centre, attracting thousands of traders, exhibitors, brands and more. Now in its second year, FMAS:24 looks to…

  • Crude oil trading at session lows going into the settlement

    Crude oil trading at session lows going into the settlement

    Crude oil The price of crude oil is trading in the most settled session. The price just reached $78.21. This decreased by $0.74 per day. Looking at the daily chart, the price is moving to new lows during the week and new lows dating back to March 13th. It is…

  • The AUD is the strongest and the CHF is the weakest as the NA session begins

    The AUD is the strongest and the CHF is the weakest as the NA session begins

    As the North American session begins, the Australian dollar is the strongest and the Swiss franc is the weakest. The US dollar is mixed with gains against the British pound, Japanese yen and Swiss franc, and declines against the euro, Canadian dollar, Australian dollar and New Zealand dollar. Overnight, New…