Dow Jones, Nasdaq 100, Hang Seng Analysis and Charts Dow 40K in sight again? Wednesday’s session saw the index stage a revival, and the march back to 40,000 is on once more.The price found support at the previous record high set in February at 39,287, with short-term resistance there turning into support. The totemic
Technical Analysis
FTSE 100, DAX40, and S&P 500 Prices, Analysis, and ChartsFTSE 100 approaches 8,000 markThe FTSE 100’s rally to its 7,962 one-year high on the back of the Bank of England’s (BoE) dovish stance amid a falling British pound last week has resumed after a couple of days of sideways trading.The psychological 8,000 mark is still
US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPYU.S. dollar loses ground on Monday ahead of high-impact events later in the weekCore PCE data and Powell’s speech on Friday will be the center of attentionThis article examines the technical outlook for EUR/USD, GBP/USD and USD/JPYMost Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD
FTSE 100, DAX 40, S&P 500 Prices and AnalysisFTSE 100 trades at one-year highsThe FTSE 100’s rally to its 7,962 one-year high on the back of the Bank of England’s (BoE) dovish stance amid a falling British pound last week is expected to continue with the psychological 8,000 mark representing the next upside target. A
Acquire the knowledge needed for maintaining trading consistency. Grab your “How to Trade Gold” guide for invaluable ideas and tips! GOLD PRICE FORECAST – MARKET SENTIMENTRetail trading activity reveals a net-short bias towards gold, with the ratio of bearish to bullish positions currently sitting at 1.47 to 1 as of late afternoon on Tuesday.In aggregate
In this video update, Richard Snow from Daily FX talks about the recent surge in the gold market. Gold prices have been soaring, reaching record highs and breaking important levels of resistance. The interesting thing is that despite this upward trend, US yields haven’t seen a significant decrease to bring about such a large response
US DOLLAR OUTLOOK – EUR/USD, GBP/USD, USDCADThe US dollar (DXY) lacks directional conviction ahead of key events on the US calendarFed Chair Powell’s testimony before Congress later in the week will be a source of volatility to watchThis article explores the technical outlook for EUR/USD, GBP/USD and USD/CADMost Read: USD/JPY Starts Week Strong; Tokyo Inflation