Tag Archives: FTSE
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Gold Prices Hasten Reversal After Visit to Key Resistance Zone
Gold prices put in a strong rally last week to a big zone of resistance. But – buyers quickly lost motivation, and prices have pulled back to support. With FOMC minutes set to be released later in the day, will we see a return of bullish price action?
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GBP/USD: Cable Continues to Cross 1.4000 Ahead of UK GDP
GBP/USD has spent most of February on a rollercoaster, with the pair seemingly shrugging off positive UK items in order to go with the flow in USD.
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DAX & CAC Technical Outlook, Levels to Know
The German benchmark remains heavy as it tries to recoup some of the drop off the record high; the French index has been stronger but has a big level in its way.
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S&P 500 Net-Short Positions Up 11% Since Yesterday
The combination of current sentiment and recent changes gives us a stronger US 500-bullish contrarian trading bias.
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FX Overbought/Oversold Report: Finding Opportunities in Extremes
Traders of all types are often drawn to extremes as they present opportunities. Here is a look at a popular indicator’s key readings on major currency pairs.
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USD/CHF Rallies to Resistance: Will Sellers Respond?
USD/CHF is pulling back after setting fresh two-year lows just last Thursday, and prices are now testing a prior area of potential lower-high resistance.
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Nikkei 225 Technical Analysis: Better Buy Levels May Lie Ahead
The Nikkei 225 has managed to stem its dramatic fall and looks well supported by the fundamentals. That doesn’t mean there won’t be better buying chances ahead though