Forex Marketz Daily Forex News – Fully Markets Update
0.0 00 Points to consider in this equity market: There is not a lot of momentum in this market as the trend line support is still intact. Thanks to trend line support traders should look at …
Read More »USD/CAD – Loonie Waiting on Oil for Direction
0.0 00 Points to consider in this Forex market: Price action slowed trough the key support, congestion area at 1.4110 to 1.42. How strong is the US Dollar now? Trade strategy: A break though the 21 …
Read More »DAX 30: Still Looking for that Bottom
0.0 00 DAX 30 (9,522.25) Points to consider in this article: The German DAX 30 remains bearish while trading below last Thursday’s high of 9,950. Soft commodity prices are hurting sentiment. So is the weak Chinese …
Read More »S&P ASX 200 – Retracing Gains Lower
0.0 00 S&P ASX 200 (4,858.70) Points to consider in this article: There is still upward momentum despite the breaks in support levels. Today’s support levels remain at 4,755. Also at the triple bottom at 4,862 …
Read More »Nikkei 225 – Choppy Trading Days Ahead in Japan
0.0 00 Nikkei 225 (17,240.95) Points to consider in this article: Now looking at the 10 day moving average near 17,770 for resistance. Support now at 16,890. Choppy trading ahead. Trade strategy: Stand aside The Nikkei …
Read More »Nikkei 225 – The Nikkei Looking to Bounce Higher
0.0 00 Nikkei 225 (17,250.60) Talking points to consider I this article: Still need to close above the 5 day moving average (DMA) at 17,532 for a trend reversal. Watch for a hold of 16,890 to …
Read More »ASX 200 – Caution Needed Above the August/December Lows
0.0 00 ASX 200 (4,927.80) Points to consider in this article: There is more risk to the downside below the 4,918.40 barrier. Support levels to watch are at the December and August lows. Trade strategy: Stand …
Read More »Nikkei 225 – Test of 18,000 Inevitable?
0.0 00 Nikkei 225 (18,184.07) Points to consider in this article: The downward momentum in this equity market is nearing exhaustion. This is hinting at a change in direction. A daily close below 18,000 could lead …
Read More »AUD/USD – Australian Dollar Hits a Five Year Low
0.0 00 AUD/USD (0.7126) Points to consider in this Forex article: The AUD/USD fell sharply before the release of China’s PMIs. The Composite PMI dropped below expansion in China. Consumer sentiment improved. Record setting yuan fix …
Read More »XAU/USD – Gold Prices Being Hurt by the US Dollar
0.0 00 XAU/USD (1,064.83) Points to consider in this article US Dollar strength along with weak demand will hurt commodities like gold in early 2016. Gold has seen no light at the end of the tunnel …
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