A1 TRADING | Indices, Commodities, Forex, Futures

CHF Now Sinks as the SNB Actively Talks It Lower 6S (Swiss Franc Futures) trades near 1.22, breaking below the 1.225 to 1.23 shelf that floored the franc index since last summer. The 200-day near 1.268 has rolled over above price as resistance, confirming a downtrend. Losing…

KOSPI Now Crashes 10% as China Cracks the Chip Moat KOSPI is down 10.8% today, one of its worst sessions ever, with circuit breakers halting trade. Price sliced to the rising 200-day near 5,650, the first support after a vertical drop from the June high above 9,300. Samsung…

Crude Oil Now Faces a Critical Test at the $85 Handle WTI is hugging an important level of resistance, or potentially support. Oil rallied off the early-July low near 68, ran into the trendline drawn from the April high, and tapped 92.79 before sellers took it back. Price has…

USOIL Now Rejects 92 and Breaks Its Pivotal Support USOIL is down 7.9%. Price rejected the descending trendline near 92 last week, exactly as flagged, and is now cracking the 84 to 86.5 confluence, the July 17 flip level. Below sits open air to the 200-day near 74. The reason…

USD/JPY Now Tests 158 After a Massive Intervention Drop USDJPY is down 2.8% with a juicy range over 500 pips. Six days ago it printed a 40-year high at 163.99. I'm almost certain this was intervention. The yen gained against every major cross, EURJPY fell 400 pips in minutes,…

Crude Oil Now Faces a Critical Test at the $85 Handle WTI is hugging an important level of resistance, or potentially support. Oil rallied off the early-July low near 68, ran into the trendline drawn from the April high, and tapped 92.79 before sellers took it back. Price has…