Tag Archives: FTSE

The Australian Dollar has advanced to the highest level in four months against its US counterpart, with buyers seemingly poised to force a test of last year’s peak.

The footsie was grinding its way higher, but in the process put in a bearish formation via a rising wedge; shifts focus towards at least a pullback for now.

The Nikkei 225 still looks remarkably composed even as it hovers around highs not seen for 27 years. Near-term support looks quite solid too.

The New Zealand Dollar continues to push upward against its US namesake, with prices now seemingly aiming to test the waters above the 0.73 figure.

The massive reversal in fortune we’ve seen recently might only get worse from here, as the speculative unwind looks set to continue.

GBP/USD continued the bullish close to 2017 by rallying up to a fresh post-Brexit high in the early portion of the New Year. But, will buyers be able to take out Fibonacci resistance before a pull-back shows up?

Gold prices started to trend-higher around the Fed’s December rate hike, and that strength has continued all the way into the New Year. With price action probing near-term support, are bulls nearing the point of continuation?

The combination of current sentiment and recent changes gives us a further mixed US 500 trading bias.

GBP/JPY has recovered from last week’s pullback, and with prices now at fresh 18-month highs, the object of focus is locating near-term support for bullish continuation strategies.