0.0 00 Nikkei 225 (16,570.87) Points to consider with the Nikkei stock market: Japan’s stock bourse briefly falls below the key support at 16,500. Should this level hold, and it did, Japan’s stocks could see a …
Read More »Sellers Hesitant on the Australian Stock Bourse
0.0 00 Points to consider with the Australian Stock Exchange: The index is still above the near term support at 5,300. This level has held for three days. Buyers need to step in now. A break …
Read More »Oil Continues to Fall before Tomorrow’s OPEC
0.0 00 This morning WTI US Crude fell after comments made by United Arab Emirates (UAE) Oil Minister Suhail Mohammad al Mazrouei said that the oil maket will “fix itself to a fair price for consumers …
Read More »Oil Prices Fall ahead of OPEC
0.0 00 Points to consider with this Oil article: Loss of momentum on the daily WTI US crude chart hints at a possible top in place near $50 per barrel. Quiet holiday schedule could see price …
Read More »The Nikkei 225 Stock Bourse Holds its Own
0.0 00 Points to consider with the Nikkei stock market: The Nikkei holds above the former resistance level at 16,775. This could have bullish implications but the resistance level at 17,000 could be formidable. Japan’s headline …
Read More »Gold Could Extend Losses on Durable Goods
0.0 00 XAU/USD (1229.43) Points to consider in the Gold market: Gold prices are now at a seven month low but intraday momentum petered out. Durable goods orders and Fed commentary will weigh on the Yellow …
Read More »German Stocks Come Under Pressure
0.0 00 Points to consider with the German stock bourse: The DAX 30 is under pressure as traders are testing the lower bound of the trading range that runs from 9,740 to 10,110. Trend remains bullish …
Read More »Australian Dollar Could Strengthen on Jobs
0.0 00 Points to consider n the Australian Dollar Forex market: Australian job numbers expected to increase for the second month in a row. Jobless rate expected widen for first time since January. Today, Australia is …
Read More »French Stocks Consolidate for 10 Days Now
0.0 00 Points to consider with the French stock exchange: The French stock exchange, the CAC 40 is range bound now for 10 straight trading days. Price action retested support near 4,300 again. The CAC 40, …
Read More »Crude Oil Could Turn after the FOMC Minutes
0.0 00 Points to consider in this oil article: WTI Crude oil prices hit a 7 month high. Gold prices remain stuck in range trade. FOMC minutes release today can hit commodity prices hard. WTI US …
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