So far today (as of 12:30pm), the YM, ES, and TF are attempting to break and hold above their respective trading ranges, as shown on the 60 min (market hours only) charts below. The NQ, however, remains a laggard as trading continues within its range.
Meanwhile, the EUR/USD has advanced modestly, so far, this week, as shown on the Weekly chart below. It remains above its major support level of 1.3255ish, as I last discussed in my post of February 7th, but below its 200 sma (pink). Until we see price regain and hold above the 200 sma, with the 50 sma (red) crossing above the 200 sma, it's still under the bearish influences of an existing, longer-term moving average Death Cross formation.
We'll see if further support/buying comes into play this week on these four E-mini Futures Indices and the Euro, or whether any meaningful weakness enters in one to, potentially, negatively influence the others.
Welcome and thank you for visiting!
The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.
DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.
* If the dots don't connect, gather more dots until they do...or, just follow the $$$...
UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
* Fri. April 7 @ 8:30 am ET - Employment Data
* Wed. April 12, 2023 @ 2:00 pm ET - FOMC Meeting Minutes
* Wed. April 19 @ 2:00 pm ET - Beige Book Report
* Wed. May 3 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference
* Wed. June 14 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference
*** CLICK HERE for link to Economic Calendars for all upcoming events.