Hang Seng, Kospi, Topix Price Setups

HANG SENG, KOSPI, TOPIX – Price Action: The Hang Seng Index, Kospi, and Topix have maintained a weak bias. Asian indices are at key support ahead of the US Fed interest rate decision. What is the outlook and the key levels to watch? Supercharge your trading prowess with an in-depth analysis of US Equities, offering … ادامه

Cluster Support in Play after Breakdown. More Pain Ahead?

NASDAQ 100 OUTLOOK: Nasdaq 100 breaks down, falling to its lowest level since late May after breaching a key floor For sentiment to improve, cluster support in the 14,150/13,930 range must hold at all costs This article analyzes the key technical levels worth watching on the NDX in the coming days. Trade Smarter – Sign … ادامه

WTI Rangebound as Demand Concerns Resurface. $80 a Barrel Incoming?

OIL PRICE FORECAST: Oil Slips on Demand Fears as US Exports and Imports are on a Steady Decline. Middle East Tensions Ease but Geopolitical Risk Remains and Will Keep Markets on Edge Moving Forward. IG Client Sentiment Shows Traders are 76% Net-Long on WTI at Present. To Learn More About Price Action, Chart Patterns and … ادامه

GBP/USD Bounded by Fibonacci Support & Trendline Resistance

GBP/USD OUTLOOK: GBP/USD has been trending lower over the past three months or so After recent price action, cable appears compressed between trendline resistance and Fibonacci support This article presents important technical levels worth watching in the coming days Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from … ادامه

USD/JPY Breaches 150 Ahead of US PCE

Japanese Yen (USD/JPY) Analysis USD/JPY goads Japanese officials after latest move above 150 Japanese government bond yields rise, prompting more buying from the BoJ US PCE data tomorrow and the Bank of Japan meeting concludes on Tuesday The analysis in this article makes use of chart patterns and key support and resistance levels. For more … ادامه

US Q3 GDP Smashes Estimates as the DXY and Gold Adopt a Cautious Approach

US GDP Q3 ’23 (PRELIM) KEY POINTS: READ MORE: S&P500, NAS100 Weighed Down by Tech Earnings and Rising Yields. 4000 Level Up Next? Elevate your trading skills and gain a competitive edge. Get your hands on the US Dollar Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s … ادامه

ECB Leaves Interest Rates Unchanged, EUR/USD Slips Lower

EUR/USD Forecast – Prices, Charts, and Analysis ECB leaves rates unchanged as expected. EUR/USD heading towards 1.0500. Recommended by Nick Cawley How to Trade EUR/USD The ECB left all three of its key interest rates unchanged today and noted that while inflation is expected to ‘stay too high for too long’, inflation dropped markedly in … ادامه

Nasdaq 100, Nikkei 225 and S&P 500 all Come Under Fresh Pressure

Article by IG Chief Market Analyst Chris Beauchamp Nasdaq 100, Nikkei 225, S&P 500 Analysis and Charts ​​​Nasdaq 100 losses resume ​Losses accelerated on Wednesday, taking the index to its lowest level since early June. ​A move towards the lower bound of the channel appears likely, which would see the index head down to 14,250. … ادامه

GBP/USD Falls Ahead of High Importance US Data

Pound Sterling (GBP/USD) Analysis GBP/USD struggles to build positive momentum as USD makes a comeback Lack of bullish drivers for GBP ahead of high impact US data highlights bearish path IG client positioning reveals further divergence in positioning – contrarian bearish bias maintained The analysis in this article makes use of chart patterns and key … ادامه

US Indices Beginning to Look Vulnerable; S&P 500, Nasdaq, Dow Price Setups

S&P 500, SPX, NASDAQ 100, NDX, DJIA – OUTLOOK: The S&P 500 is testing support on the 200-DMA. The Nasdaq 100 index risks a bearish head & shoulders pattern. What are the outlook and the key levels to watch in the three US indices? Looking for actionable trading ideas? Download our top trading opportunities guide … ادامه