S&P 500 OUTLOOK: S&P 500 falls towards trendline support at 4,300 amid rising U.S. rates. U.S. Treasury yields blast higher, pushing the U.S. dollar to its strongest level since November 2022 and sparking risk off sentiment. This article looks at key technical levels worth watching on the S&P 500 in the coming days. Trade Smarter
To gain a more comprehensive understanding of the euro‘s technical and fundamental outlook for the fourth quarter, we invite you to download your complimentary trading guide today. It’s packed with valuable insights! Recommended by Diego Colman Get Your Free EUR Forecast EUR/USD ANALYSIS EUR/USD fell sharply on Monday, weighed by broad-based U.S. dollar strength amid
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Market Recap of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 0% -5% -2% Weekly 39% -21% 5% Wall Street managed to stabilise overnight from its recent sell-off, despite another climb in Treasury yields and a pull-ahead in the US dollar (+0.4%). The US 10-year yields were up
Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil consolidation had continued in recent days But, retail traders are building downside exposure Is this a sign that WTI may resume higher next? Recommended by Daniel Dubrovsky How to Trade Oil Crude oil prices have been consolidating as of late, taking
S&P 500, SPX, NASDAQ 100, NDX, DJIA – OUTLOOK: The S&P 500 and DJIA have fallen below key support. The Nasdaq 100 index risks a bearish head & shoulders pattern. What are the outlook and the key levels to watch in the three US indices? Recommended by Manish Jaradi Improve your trading with IG Client
Market Recap Wall Street saw further de-risking overnight (DJIA -1.14%; S&P 500 -1.47%; Nasdaq -1.57%) amid the absence of bullish catalysts, while elevated Treasury yields, higher oil prices and a gridlock in the US government funding bill serve as prevailing risks for markets to digest. The VIX has touched its highest level close since May
Share: Oil (WTI) slides lower and starts flirting with first important support near $88. The US Dollar value keeps increasing as markets price in a possible persistent rate differential between USD and other currencies. Higher Oil prices have negative implications even for Oil producers. Oil prices drop for a second day in a row,
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro is on course for an 11th consecutive weekly loss Retail traders maintaining increasingly bearish bets EUR/USD on course to set new lows for this year? Recommended by Daniel Dubrovsky How to Trade EUR/USD The Euro fell about -0.5 percent against the US Dollar on
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