Tech analysis by Simon Kazinsky on 00:49 EST April 17, 2017It has been easy to remain bullish on the Standard and Poor's 500 index as the chart showed 2 moving averages first being resistance before the US election and then turning into support after the event.
Tech analysis by Simon Kazinsky on 20:35 EST February 28, 2017The relentless ascent of the Dow Jones Composite index may pause or reverse soon if we take into account its monthly chart.
News by Simon Kazinsky on 04:49 EST February 27, 2017The Mexican peso put an end last week to its continued decline and made a whooping 10% gain in just a few sessions against its US counterpart.
News by Newsroom on 06:59 EST February 21, 2017
News by Newsroom on 08:32 EST February 20, 2017
News by Allie Longford on 06:05 EST February 17, 2017
News by Allie Longford on 09:06 EST February 16, 2017
News by Simon Kazinsky on 06:50 EST February 13, 2017According to DailyFX, a portal that tracks retail traders positioning, the ratio between long and short traders for the SPX500 CFD stands now at 9 to 91% having reached earlier today a reading of 8 to 92% during the Asian session.
News by Allie Longford on 20:21 EST February 06, 2017
News by Newsroom on 08:34 EST February 03, 2017
News by Newsroom on 16:50 EST January 31, 2017
News by Allie Longford on 16:42 EST January 31, 2017
News by Allie Longford on 02:27 EST January 31, 2017
News by Newsroom on 14:16 EST January 30, 2017
News by Newsroom on 19:54 EST January 24, 2017
News by Simon Kazinsky on 11:50 EST January 17, 2017After yet another dramatic plunge for the pound at the start of the week where GBPUSD gapped down by more than 200 pips at the open the British currency has made a V shape recovery against the dollar following (or coinciding) the UK's PM announcement that whatever the Brexit deal is it will have to be approved by parliament.
News by Newsroom on 09:06 EST January 13, 2017
News by Allie Longford on 08:30 EST January 06, 2017
News by Allie Longford on 02:23 EST January 02, 2017Following the abrupt end of the year for stocks where the Dow Jones gave up topping the 20,000 mark before the last bell and the Standard and Poors 500 shed 50 points in a couple of days it is worth noticing that the first month of the year is not consistent with the one way -upward- street narrative.
Tech analysis by Simon Kazinsky on 23:35 EST December 28, 2016The euro keeps its soft tone this week versus the all mighty dollar.
News by Newsroom on 10:19 EST December 28, 2016
News by Allie Longford on 18:46 EST December 27, 2016With stock indices at all time record highs, raw materials being the big winners at the end of 2016 with price increases north of 20% in many cases, something that will feed through to the price of end products next year and the dollar strength making US shares extremely expensive when purchased with foreign currency the likelihood of a correction in the US Stock market next year keeps growing.
News by Simon Kazinsky on 12:30 EST December 19, 2016
News by Newsroom on 11:52 EST December 19, 2016
News by Allie Longford on 07:33 EST December 15, 2016
News by Allie Longford on 14:46 EST December 14, 2016
News by Allie Longford on 08:58 EST December 14, 2016
News by Newsroom on 21:04 EST December 12, 2016
News by Newsroom on 08:02 EST December 08, 2016
News by Allie Longford on 08:42 EST December 07, 2016