Mon: Market Holiday: Japan (Autumnal Equinox); EZ, UK & US Flash PMIs (Sep), US National Activity Index (Aug) Tue: RBA Policy Announcement; German Ifo (Sep), US Consumer Confidence (Sep), Richmond Fed (Sep) Wed: Riksbank & CNB Policy Announcements; Australian CPI (Aug), US Building Permits Revision (Aug), New Home Sales (Aug), UK CBI Trends (Sep) Thu:
SP 500 & NAS100 PRICE FORECAST: Most Read: Gold (XAU/USD), Silver (XAG/USD) Hold the High Ground as Oil Prices Eye a Recovery Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter US Indices have started the week on a tepid and slightly
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 – Analysis and Charts FTSE 100 remains side-lined Last week the FTSE 100 traded sideways below the 55-day simple moving average (SMA) at 7,505, and this week is expected to continue to do so, at least for a few more days.
Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from November 20 to 24, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1 and
As the US stock market prepares to open for the holiday shortened week, the major indices are looking to open little changed. The Dow is up 49 points after closing up 184.74 points on Wednesday The S&P is up 0.88 points after closing up 18.45 points on Wednesday The Nasdaq is trading -9.5 points after
Share: The EUR/JPY followed the Friday technical rally into a new high for the week. The Euro pulled out of an early dip in the week, closing higher for three straight days. Japan inflation ticked higher on Friday, next week has Eurozone inflation in the barrel. The EUR/JPY rose for the third straight
TUE: EZ M3 (Oct), US Richmond Fed (Nov). WED: RBNZ Policy Announcement; German Prelim. CPI (Nov), UK Mortgage Approvals/Lending (Oct), EZ Economic Sentiment (Nov), US GDP 2nd (Q3). THU: Chinese NBS PMIs (Nov), German Retail Sales & Import Prices (Oct), Swiss KOF (Nov), German Unemployment (Nov), EZ HICP Flash (Nov), US PCE Price Index &
Share: AMD price action scored its fourth straight week of gains. S&P Global PMIs show Services overperforming, while Manufacturing underperforms. AMD gains at Friday open, while NASDAQ Composite fades. The $127 to $133 supply zone from May and June becomes primary bull target. Advanced Micro Devices (AMD) stock ended its fourth week in
Share: USD/JPY shows minimal change, indicating a stable weekly close. The weekly chart suggests an upward trend with resistance at Tenkan-Sen (149.53); a break above could target 150.00. USD/JPY daily chart key levels to watch include 150.77 and YTD high at 151.91 for upside, 148.01, and 147.15 for downside. The USD/JPY is almost
