[ad_1] Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 – Analysis and Charts FTSE 100 continues to be side-lined The FTSE 100 continues to be range bound below the 55-day simple moving average (SMA) at 7,505. Despite UK consumer confidence rising in November a negative bias has been seen
[ad_1] Gold, Silver Analysis Gold eases after last week’s advance – quieter week on the economic calendar FOMC minutes and reports of a new phase in the Israel-Hamas war present potential catalysts Silver encounters a challenge at channel resistance The analysis in this article makes use of chart patterns and key support and resistance levels.
[ad_1] 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 13 to 17, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1
[ad_1] The major US stock indices are trading lower at the start of the Friday session. The market gave up earlier premarket gains employed by the futures. However, the indices are still on track for a positive week (3rd in a row). A snapshot of the market currently shows: Dow Industrial Average -37.47 points or
[ad_1] Closing changes on the day: Stoxx 600 +1.0% German DAX +0.8% UK FTSE 100 +1.2% French CAC +0.9% Italy MIB +0.8% Spain IBEX +1.0% On the week: Stoxx 600 +2.8% German DAX +4.5% UK FTSE 100 +1.9% French CAC +2.7% Italy MIB +2.7% Spain IBEX +4.1% This article was written by Adam Button at
[ad_1] Share: NZD/JPY was down by 0.40% on Friday and closed a 0.40% weekly gain. Buyers continue to be on the sidelines after pushing the pair to multi-year highs this week. Indicators are losing momentum on the daily chart. In Friday’s session, the NZD/JPY cross extended its decline towards 89.65 as investors continued
[ad_1] Mon: PBoC LPR; German Producer Prices (Oct), New Zealand Trade Balance (Oct) Tue: FOMC Minutes (Nov), RBA Minutes (Nov), NBH Policy Announcement; UK PSNB (Oct), Canadian CPI (Oct) Wed: UK Autumn Statement, Dutch Elections; US IJC (13 Nov w/e), Durable Goods (Oct), Uni. of Michigan Final (Nov), Australian Flash PMIs (Nov) Thu: US Thanksgiving
[ad_1] Share: The DXY Index stands at 103.90, seeing losses of around 0.40% and tallying a 1.60% weekly decline. Investors continue to digest the data reported throughout the week. The combo of cooling inflation and the labor market points to the Fed not hiking anymore. Fed’s Susan Collins was seen as hawkish on
[ad_1] weekly USDJPY MUFG Research added a short USD/JPY position (spot ref: 149:60) to its TOTW portfolio. The trade has a target at 143.00, and a stop at 152.10. “We want to maintain some exposure to a further weakening of the US dollar and believe long JPY may be the best way for that right
[ad_1] AI image The upcoming week features a series of significant economic releases, auctions, and reports that market participants will be watching closely. Monday, November 20 The week kicks off with a Treasury auction of 20-year securities worth $16 billion, an event that will give us insights into market demand for long-term government debt. It
