Tag Archives: Share Trading

The footsie continues to struggle around the 7550-area, has clear support near 7430; ‘Super Thursday’ coming up may determine its fate.

The New Zealand Dollar is digesting losses after finding support above the 0.68 figure against its US counterpart, with positive RSI divergence hinting a bounce may be ahead.

Crude Oil prices seem to be well supported and OPEC may have the last laugh as evidenced by derivatives markets showing traders are losing interest in downside exposure in the future.

The combination of current sentiment and recent changes gives us a stronger USDJPY-bullish contrarian trading bias.