Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, Dow Jones, Hang Seng Analysis and Charts FTSE 100 under pressure again The index has pushed lower in morning trading, moving back below 7500 once again.Yesterday saw the index recover from its lows, but it closed below the 50-day SMA. A fresh turn lower today
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX $0, Dow Jones Analysis and Charts FTSE 100 finds support at 7500 The previous three sessions have seen the index dip to 7500, but buyers have come in to defend this level each time. This leaves open the possibility of a renewed move back
Dow Jones, S&P 500, Retail Trader Positioning, Technical Analysis – IGCS Equities Update Dow Jones, S&P 500 have been weakening of late Retail traders still mostly short, but upside bets rise This could leave Wall Street further vulnerable ahead Recommended by Daniel Dubrovsky Get Your Free Equities Forecast The Dow Jones and S&P 500 have
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Dow Jones Analysis, Prices and Charts Recommended by IG Traits of Successful Traders FTSE 100 sheds more ground The index fell back on Tuesday, once again unable to move above 7700. This could spell the beginning of a more substantial pullback. The 200-day
Share: Dow Jones futures fall 0.3% after Fitch downgrades US credit rating to AA+. DJIA is overbought on daily RSI as it trends higher near 35,750 resistance level. US July ADP Employment Change arrives at 324K, way above 189K expectation. Analysts expect Friday’s July Nonfarm Payrolls data to decline to 200K. The Dow
US Dollar, Dow Jones, Fitch US Credit Ratings Downgrade – Market Update: US Dollar, Dow Jones fall after Fitch lowers US credit rating Fiscal deficits, social security, aging population woes outlined Financial markets turn risk-averse heading to Wednesday trade Recommended by Daniel Dubrovsky Get Your Free USD Forecast The US Dollar, Dow Jones, S&P 500
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40 and Dow Jones Analysis and Charts FTSE 100 targets 7700 again Gains stalled last week below 7700, after an impressive run higher for the index. Bulls will want to see a daily close above 7700 in order to open the way to more
Last week, the Fed hiked interest rates by 25 bps bringing the FFR to 5.25-5.50% as widely expected. The policy statement was left unchanged, so the market couldn’t get any signal for the next moves. In fact, the focus was not on the decision itself, but on the forward guidance. Fed Chair Powell in his
Article by IG Chief Market Analyst Chris Beauchamp DAX, Dow Jones, Nikkei Analysis and Charts Dax surges to new intraday high The index was given fresh strength by a dovish ECB meeting yesterday. European indices enjoyed a solid session, which may well have given them the strength to move higher over the medium term. It
The Dow has moved higher for 13 consecutive days. Today the price made a new highs going back to February 2022, but has rotated to the downside. The index is currently down -210 points or -0.59% at 35309.97. Bank of Japan threatening to change their policy (on top of ECB and Fed this week) may
