Tracy Morganthall, CMT

Tracy L. Morganthall, CMT, has been a Technical Market Analyst for more than 20 years. She has experience analyzing and producing reports on equities, both domestic and international markets, as well as Forex and commodities. She attended Trenton State College in Trenton, New Jersey, earning a Bachelor's in Finance.
usdchf swiss franc

Dollar Weakness Keeps USD/CHF Under Pressure

USD/CHF declined to set a low for the session at 0.9700 in today’s trading and is currently trading off the low at 0.9726, a...
Japan Currency JPY

USD/JPY Holding in Bear Flag Formation

USD/JPY has reversed to the upside after falling on Wednesday in reaction to the release of the minutes from the May Federal Open Market...

While EUR/USD Pulls Back from Session High, Broader Bias Remains to the Upside

EUR/USD established a session high at 1.1250 in today’s trading, which represented a test of resistance derived from the hourly chart, and reversed to...

GBP/USD Declines in Reaction to GDP Report

GBP/USD spiked higher ahead of today’s release of UK GDP data, reaching a session high at 1.3014. However, sellers quickly took control upon the...
natural gas

Natural Gas Prices Rebound Off Trendline Support

Natural gas prices followed through to the downside on the heels of Tuesday’s sell-off, with the contract for July settlement on the New York...
US Dollar

US Dollar Index (DXY) Little Changed as Traders Await Data, FOMC Minutes

The US Dollar Index (DXY), which measures the greenback's strength against a basket of six major currencies, is holding near 97.33 in today’s trading,...
Japan Currency JPY

USD/JPY Meets Resistance at 112.00 Level

USD/JPY gained ground in Tuesday’s trading, reaching 111.86, which represented a new high in the recovery underway since the May 17th sharp sell-off. The...
Euro Dollar EUR/USD

EUR/USD Little Changed Ahead of Draghi Speech

EUR/USD is little changed today, holding near the lows established during Tuesday’s move to the downside. The pair is currently at 1.1187, up 0.06%...
UK Currency - GBP

GBP/USD Steadies Following Tuesday’s Pullback

GBP/USD is higher in today’s trading, currently holding near the 1.2972 level, a gain of 0.09% over Tuesday’s North American close. 1.3000 continues to...

Upside Momentum Slows in the NASDAQ Composite Index

The NASDAQ Composite Index staged a strong recovery following May 17th’s sharp sell-off, a move which resulted in a decline of 2.6%, the worst...

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Other News

NVIDIA (NVDA) Stock Spikes Extraordinarily, Is It a Selling Opportunity?

Nvidia's (NASDAQ:NVDA) stock price jumped massively over the last two weeks, surged from $105 to $140 a share, spurred by SoftBank's new stake of...

Micron Technology (MU): Buy and Hold For Robust Stock Price Appreciation

Improving demand for technological innovations and increasing digitalization trends have been moving tech stocks higher over the last twelve months. Micron Technology (NASDAQ:MU), a...

Fed Caution Underpins Gold Prices, Buyers Unable To Make Headway

A cautious tone in the Federal Reserve minutes supported gold, although gains were limited as the dollar was able to show some underlying resilience...

Promising Glaucoma Trial Results Push Aerie Pharma (AERI) 39% Higher

Investors are clamoring to snap up shares of Aerie Pharmaceuticals Inc (NASDAQ:AERI) this morning. The biotech’s stock is currently trading about 39 percent higher...

General Electric (GE) Stock Moves Into The Red, Why You Should Avoid It

General Electric's (NYSE:GE) share price extended the volatility, as the stock moves back to 52-weeks low just after touching the 52-week high of $33...