Tag Archives: Share Trading

EURUSD bearish trend opens scope for a test of the YTD lows, while EURJPY lacks significant signs of a near term break. EURGBP tests supports, which curbs further losses for now.

US stocks are ripping-higher on the back of a speech from FOMC Chair, Jerome Powell. The removal of a key pressure point may keep the door open for continued strength.

The Bank of England issued some stark warnings around No-Deal Brexit today. And markets seemed to listen for about 20 minutes, until Jerome Powell provoked a reversal in USD.

The Australian Dollar has managed to abort another attempt at re-starting its long term downtrend against its US counterpart, this time courtesy of Fed commentary.

The Nikkei 225 has managed a run of daily chart gains that have taken it close to an important resistance zone. It will need to get there however, and consolidate

Shortly after Europe trading closed U.S. stocks surged on Fed Chair Powell’s softening hawkish tone; but it may only be a temporary shot in the arm, especially for non-U.S. markets.

A bullish outside range day on the EURUSD chart suggests near-term upside after the recent weakness of the pair.