The New York Stock Exchange ended the week at half mast, faced with the tension of bond rates, the rise of the dollar and that of oil prices. According to final results, the Dow...
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DAX Forecast: DAX Continues to Look a Bit Soft
The DAX index gained a little over 15 basis points during the trading session on Thursday, but gave back quite a bit of the gain to form an inverted hammer.This suggests that perhaps we have a...
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UK July retail sales +0.3% vs -0.2% m/m expected
Prior -0.1% Retail sales -3.4% vs -3.3% y/y expected Prior -5.8% Retail sales ex fuel +0.4% vs -0.2% m/m expected Prior +0.4% Retail sales ex fuel -3.0% vs -3.1% y/y expected Prior -5.9% A...
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EUR/USD Forecast: Needs to Push Through Selling Pressure
It’s not until we clear the 1.06 level that I would consider buying the Euro. The Euro bounced ever so slightly during the trading session on Wednesday as the FOMC Meeting Minutes came out. There are...
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EUR/USD Technical Analysis: Bearish Stability is Strongest
The bearish stability still dominates the performance of the EUR/USD currency pair since the start of trading this week. According to its performance, it fell to the 1.0122 support level before settling around the 1.0180 level at...
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Dow Jones Technical Analysis: Rises for Fifth Session
The Dow Jones Industrial Average Index continued to rise during its recent trading at the intraday levels, to achieve gains for the fifth consecutive day, by 0.71%. It added to it about 239.57 points, and settled at...
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EUR/USD Forex Signal: Bearish Below $1.0195
Today’s EUR/USD Signals Risk 0.75%. Trades must be taken before 5pm London time today only. Short Trade Idea Short entry following a bearish price action reversal on the H1 timeframe immediately upon the next touch...
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Dow Jones Technical Analysis: Records Winning Streak
The Dow Jones Industrial Average Index rose during its recent trading at intraday levels, to achieve gains for the fourth consecutive day, by 0.45%. It added about 151.39 points and settled at the end of trading at...
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Gold Technical Analysis: Price May Head Towards Buying Levels
The price of gold fell after four consecutive weeks of gains as investors assessed the outlook for the hawkish path of the Federal Reserve and on further indications that China is struggling to recover. The...
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WTI Crude Oil Forecast: Market Pulls Back into Weekend
The West Texas Intermediate Crude Oil market fell a bit on Friday as the 200-day EMA has offered a bit of trouble. This is a market that has a lot to digest, due to the fact that...
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