0.0 00 Gold (1254.15) Gold has fallen to a three month low as we are testing support near 1,252.50. A daily close below this level will open the doors for 1,240/1,239.80. Should the yellow metal reverse …
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0.0 00 S&P500 (2,007.71) The market is not testing the technical level at 2,006.50/2,006.75 where it has been bouncing off of for the last several days. A break below 1,985.90 tests 1,985.45. If we close below …
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0.0 00 EUR/USD (1.2940) The Euro has been a freefall since the ECB announced they were slashing rates. We are now well below the key technical level of 1.30. We have not been this low in …
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0.0 00 GBP/USD (1.63117) The sterling continues to face selling pressure. After the Bank of England rate decision, yesterday, the GBP/USD sold off. We see near term support now at 1.63 and at 1.6298. A break …
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0.0 00 S&P 500 (2,000.72) The Standard and Poor’s 500 is in a holding pattern right now just above the key technical level of 2,000. We are waiting on today’s employment data to be released. Once …
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0.0 00 GBP/JPY (172.560) The Sterling has been pulling back versus the yen. This was expected and we are now testing support near ¥172.20. If we have a move, and daily close, below the congestion area …
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0.0 00 USD/JPY (¥105.69) After Prime Minster Shinzo Abe announced his new cabinet, the yen fell off below ¥105 and is still probing that level. The announcement was all over the news as the government sent …
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0.0 00 S&P 500 (2,002.28) The Standard and Poor’s 500 seems to be hesitating quite a bit above that key technical level at 2,000. Should we reverse lower, we see near term support at 1,990 then …
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0.0 00 USD/CAD (1.09055) The Canadian Loonie is making another assault at the key technical level of 1.09. This comes after, looking at our daily chart, the formation of a bullish hammer candlestick. The market needs …
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0.0 00 GBP/USD (1.65271) The Markit/CIPS construction PMI was released in the United Kingdom earlier. It rose faster to 64 up from 62.4 reported in July. This is the biggest acceleration in eight months. Market expectations …
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Forex Marketz Daily Forex News – Fully Markets Update