Tag Archives: FTSE

Gold prices attempted to resume the dominant uptrend, stopping short for resistance at 1323.60. Fading upside momentum may undermine upside progress ahead with support at 1302.97.

EUR/GBP continues its slow ascent that was initiated by a bullish reversal pattern. Immediate support has been reinforced, potentially limiting the scope for near-term losses.

The FTSE continues to trade with a positive tone but has plenty of obstacles standing in its way; makes for a market lacking conviction.

AUD/USD sought to reverse losses this past week but stopped short of key resistance. AUD/NZD is a step closer to resuming its dominant downtrend. GBP/AUD may bounce in the near term.

The DAX is retesting a long-term trend-line, while the CAC trades into swing levels carved out during the end of last year.

An Australian Dollar bounce may present sellers with a trading opportunity once tangible evidence of upside exhaustion begin to emerge.

The US Dollar may rise against the Indonesian Rupiah after a trend line was cleared. Declines USD/PHP and USD/MYR are undermined by fading downside momentum, warning of climbs ahead.

Precious metals continue to hold support as they consolidate, but if they sit here for too long then risk rises that a breakdown will develop instead of a run higher.

Gold is sitting on support, crude oil contracts trying to mount a rally, while the S&P 500 looks to continue pushing higher with a key area ahead.

Equity rallies have driven US stocks up to fresh two-month-highs, and the Dow is now testing the 88.6% Fibonacci retracement of the December sell-off.

Gold prices are in consolidation within a well-defined monthly opening range. Here are the targets & invalidation levels that matter on the XAU/USD charts.

Cable sellers have been snared at another key area of support, but with USD strength continuing to show, that zone looks to soon come back into play.