Share: NZD/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish Subdued buying momentum is signalled by the RSI’s negative gradient on the daily chart and the diminishing green bars of the MACD histogram. On the broader context, the pair’s ascendancy above the 20, 100, 200-day SMA suggests bullish control.
Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, S&P 500 – Analysis and Charts FTSE 100 clings on above 7330 An attempt to continue Monday’s bounce hit some selling yesterday, helped along by the poor reaction to BP’s results. A close above 7350 would be needed to indicate that the buyers
Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, CAC40, Hang Seng Analysis and Charts Nasdaq 100 holds support for now The price rallied off the 15,260 level yesterday, stemming any further declines for now.Crucially it also held trendline support from late April and remains above it in early trading today. A rally back