What’s the Probability of an End of Week S&P 500 or GBPUSD Break?
S&P 500, Sentiment, FOMC, Dollar, USDJPY and VIX Talking Points: The Market Perspective: USDJPY Bearish Below 137; GBPUSD Bullish Above 1.2300; S&P 500 Bearish Below 4,030 The S&P 500 continues…
Gold Prices and US Dollar Turn to PPI and Sentiment Data Before the Weekend
Gold, XAU/USD, US Dollar, PPI, Rising Wedge, Technical Analysis – Briefing: Gold prices marked time as US Dollar, Treasury yields diverged All eyes turn to US PPI and sentiment data…
Dow, DAX 40 and FTSE 100 Show Similar Setups Before Similar Event Risk
Dow Jones Industrial Average, DAX 40 (DAX30), FTSE 100 and Rate Hike Talking Points: The Market Perspective: Dow Bearish Below 33, 150 and DAX Bearish Below 14,150 The FOMC is…
Pound Dollar Lacks Conviction as Price Action Stalls
GBP/USD Talking Points GBP/USD slides from major resistance as bullish momentum subsides. Pound Dollar faces technical headwinds in anticipation of next week’s event risk. FOMC and BoE (Bank of England)…
S&P 500 and Nasdaq 100 Latest – Bearish Sentiment Prevails Ahead of the Fed
S&P 500 and Nasdaq 100 – Technical Forecasts and Analysis S&P 500 continues to respect the longer-term downtrend. Nasdaq 100 looking to invalidate a month-old bull flag formation. Recommended by…