FTSE – A Lot of Resistance, Some Support, a Pound of Impact
The footsie has plenty of overhead levels to contend with, but also has good support below; technical factors coupled with Brexit/GBP effects make it at the moment a tough handle.
Tag Archives: Share Trading
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Trading Bias Suggests Bitcoin Has More Room to Rally
The current Bitcoin price trend may soon reverse higher despite the fact traders remain net-long.
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Canadian Dollar Rate Forecast: Falling With Commodity Currencies
The Canadian Dollar rate fell aggressively taking USD/CAD toward 1.2850 after the Bank of Canada suggested that the next rate hike would not be rushed.
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AUD/USD Technical Analysis: Aiming to Probe Below 0.75 Figure
The Australian Dollar has dropped to the lowest level in six months against its US counterpart, with a break of chart support hinting at a move below 0.75 ahead.
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S&P 500 at Risk of Further Downside in Days Ahead
The market recent underwent a mini ‘blow-off’ period, but the turn off a top-side trend-line has the market leaning lower for now.
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