FTSE Technical Outlook – Trading in Resistance Zone, but Will it Matter?
The footsie continues its impressive ascent, currently at the top of a resistance zone ahead of tomorrow’s ‘Super Thursday’.
Tag Archives: Share Trading
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Japanese Yen Technical Analysis: USDJPY Uptrend Faces Test
The Japanese Yen is still struggling against the US Dollar. All the same USD/JPY’s dominant channel hasn’t seen a clear upside attempt for some time.
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Dow Tests Trend-Line Resistance as Prices Threaten to Break Impasse
US equities continue to coil as we approach April inflation figures. The Dow is currently testing resistance of a descending wedge pattern that’s been building over the past three months.
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Crude Oil Price Forecast: Crude Sees 5% Move On Trump’s Iran Sanctions
Crude oil price aggressively rose on initial reports that the US was leaving the Iran Accord and sanctions would be reinstituted by the US on allies buying their crude.
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GBP/JPY: Can Cut Both Ways Around BoE ’Super Thursday’
GBP/JPY has seen volatility flow back into price action, and tomorrow’s Super Thursday rate decision at the Bank of England keeps the door open for more, in one direction or the other.
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US Dollar Index (DXY) Forecast: Did You Feel The Bears Tremble?
The US Dollar has enjoyed a chorus of bullish arguments that continue to play out as the unwind of the massive futures short position continues.
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