DAX: Stocks Rebound After Big Sell-Off
After yesterday’s big sell-off, European equities have bounced back and US index futures point to a higher open on Wall Street.
futures
AUDUSD Forecast June 19, 2017, Technical Analysis
The Australian dollar shut higher initially during the day on Friday, but then pulled back to test the opening again, only to rally and reach towards the 0.7625 handle.
AUDUSD Forecast May 16, 2017, Technical Analysis
The Australian dollar has rallied during the session on Monday, breaking above the 0.74 level. We found a bit of resistance at the 0.7450 level, and then dropped.
Dollar Unlikely To Go Down Without A Fight
Financial markets opened in a bit of a panic mode overnight in the wake of Trump’s failure to repeal Obamacare. Stock index futures slumped while the dollar index fell to its lowest since mid-November as the yen and euro both gapped higher. The dollar’s losses steepened after the London open as the GBP/USD climbed to near 1.26 handle and EUR/USD neared 1.0900. European stock indices bounced off their lows slightly.
Some Classic Lessons In Volume Price Analysis On The Daily Gold Chart
For gold traders and gold investors, the daily chart for the precious metal has delivered some simple and clear examples of the power of volume price analysis, and how it can help us not only identify reversals and turning points, but also help us to stay in a position – which is the hardest part of trading success, bar none.
US elections: Markets rocked by Trump’s lead
It is safe to say that markets don’t like uncertainty but this is on another level. Fears that Donald Trump was going to win the election saw risk-sensitive assets drop faster than Hillary Clinton’s hopes of becoming the next US President overnight.
US elections – Wall Street’s sharp gains could evaporate
Most analysts seem to agree with the markets that a victory for Hillary Clinton in the US presidential race is good news for the dollar, stocks and risk assets in general.
Silver Looks To The USD For Help
Yesterday was, once again, another negative day for silver, which continued lower for a fourth consecutive session, opening gapped down from Friday’s close before ending at $19.00 per ounce.
Breaking News – U.S. GDP
U.S. Q3 Advance GDP Price Index q/q down to 1.2% vs 1.5% growth expected and Advance GDP q/q 1.5% to expectations of 1.6%.
Oil Continues To Fall As OPEC Tightens The Screw
As speculative commodity traders, there are few occasions when it is hard not to make money, and certainly at present we have several stand out opportunities. These opportunities are rare, but when they occur, it’s time, as they say to ‘fill your boots’.