ASX 200 Technical Analysis: Index Approaches Key Support Again
The ASX 200 is fading again and has returned to what on its monthly chart looks like key retracement support. If the bulls can’t defend this deeper falls could ensue
The ASX 200 is fading again and has returned to what on its monthly chart looks like key retracement support. If the bulls can’t defend this deeper falls could ensue
The DAX recently turned lower from the neckline of a broad H&S top; will the 2011 trend-line break or keep the German benchmark alive to fight another day?
The Dollar has traded mixed, firming against underperforming Dollar Bloc currencies while losing some ground ot the Euro, Sterling and the Yen. EUR-USD settled back above 1.1400, leaving an intraday low at 1.1394, which was seen ahead of the London interbank open. The 1.1429 high is the loftiest level seen since November 8, with today […]
OVERVIEW The Euro hit a two week high versus The Dollar as bullish Dollar sentiment fades The Pound inched higher as PM May battles to save her Brexit deal
The Dollar was weaker in N.Y. to start the week, with losses kicked off by a sharply lower housing market index. The DXY dropped to 96.13 lows from opening levels near 96.45. Wall Street and yields slid on fresh trade concerns and as Apple reportedly cut iPhone production orders. EUR-USD rallied from 1.1415 lows to […]
The Dollar has been trading mixed-to-softer overall. USD-JPY printed a three-week low at 112.40 in the Tokyo AM session before settling. At the same time, AUD-JPY hit a four-session low. The lows reflected a bearish sentiment in global equity markets, which have been led lower by a pronounced tech sector sell off and a broader […]
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