Rally

Article by IG Senior Market Analyst Axel Rudolph FTSE 100, CAC 40, Nasdaq 100 Analysis and Charts ​​​FTSE 100 benefits from risk-on appetite ​The FTSE 100 is on track for a second day of gains as it follows Asian stock indices higher ahead of today’s start of the Jackson Hole symposium.​The UK blue chip index

Let’s start with NVIDIA that after the close reported results of a stellar Q2 and topped analyst estimates both on Revenues ($13.51 billion vs $11.22 billion expected) and EPS ($2.70 vs $2.09). The company raised its forecast again and expects its Q3 revenues to climb to $16 billion, an increase of 170% y/y. Gains are

Share: Gold price prepares to extend upside ahead of US PMI data. Fed’s Barkin hopes that the US recession will be “less severe”. Strength in Gold prices has come from restrictive upside in US Treasury yields. Gold price (XAU/USD) strengthens this week as the rally in US Treasury yields halts amid fading hopes

Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: Bitcoin and Ethereum have fallen sharply in recent days. ETH/USD and BTC/USD are approaching major support levels. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Traits of Successful Traders BITCOIN: Upward pressure has faded, but not ended Bitcoin’s fall below key

Share: Short Term Elliott Wave view in Dow Futures (YM_F) suggests that cycle from 7.27.2023 high is mature and about to complete soon as 5 waves impulse. Down from 7.27.2023 high, wave ((i)) ended at 35076 and rally in wave ((ii)) ended at 35660. Index extended lower in wave ((iii)) as another impulse

GOLD PRICE FORECAST: The Top Trade Opportunities Identified by the DailyFX is Free to Download Below Recommended by Zain Vawda Get Your Free Top Trading Opportunities Forecast MOST READ: Oil Price Forecast: WTI and Brent Slide as Overall Sentiment Flounders Gold prices made a welcome return to the $1900 mark in early European trade thanks

An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US Consumer Price Index (CPI) release, prompting the US dollar to pare its earlier losses. Both headline and core US CPI surprised on the downside, which will likely provide grounds for the Fed to

Share: Australian Dollar rallies versus the US Dollar on Friday after Nonfarm Payrolls misses expectations. The Aussie had already been recovering after markets adopted a risk-on mode reflected in rising Asian stock indices. AUD/USD found a floor at 0.6514 on Thursday and then recovered on the back of upbeat Australian trade data and

USD/MXN, JPY/MXN – Prices, Charts, and Analysis USD/MXN bounces after posting a multi-year low. Will demand for EM currency yield continue to boost the Mexican Peso? Recommended by Nick Cawley Get Your Free USD Forecast One of the star FX performers over the last three years, the Mexican Peso is currently giving back a small

S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: Signs of fatigue on the Nasdaq 100 index charts amid extreme optimism. The S&P 500 index has fallen below a support for the first time since April. What is the outlook and the key levels to watch in the S&P 500 and the Nasdaq 100 index? Recommended