FTSE Technical Highlights: FTSE has price resistance and 200-day ahead A soft to weak market is anticipated, watch the U.S. markets too Get your forecasts today for the FTSE and Pound right here on the DailyFX Trading Guides page. FTSE has price resistance and 200-day ahead The rally in the FTSE off the December low […]
Tag: Resistance
Gold Price Technical Outlook: XAU/USD Rejected at Resistance
Gold prices reversed off trend resistance this week with the move risking further losses for the precious metal near-term. These are the updated targets and invalidation levels that matter on the XAU/USD charts. New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide Gold Daily Price Chart (XAU/USD) Technical Outlook: […]
S&P 500 Took Path of Least Resistance on FOMC Minutes, AUD at Risk
Asia Pacific Market Open Talking Points US Dollar jawboned by risk trends and FOMC meeting minutes Markets took path of least resistance as S&P 500 trimmed losses Australian Dollar may sink on jobs report after Doji candlestick Just getting started trading the Australian Dollar? See our beginners’ guide for FX traders to learn how you […]
Cable Pulls Back From Fibonacci Resistance After FOMC Minutes
GBPUSD Talking Points: – GBPUSD is softening after a strong four-day push, with resistance showing at the 14.4% retracement of the January bullish trend. Aiding in that pullback is US Dollar strength being driven from today’s release of FOMC meeting minutes from the January rate decision. – Brexit remains a difficult driver to work with […]
Nasdaq nails major resistance, slow-motion breakout attempt underway
U.S. stocks are slightly higher early Wednesday, rising ahead of the Federal Reserve’s latest meeting minutes, due out this afternoon. Against this backdrop, the Nasdaq Composite has notched consecutive closes slightly atop the 200-day moving average, while the S&P 500 has extended its break to a recently less-charted patch. Before detailing […]
Resistance, Relative Weakness Remain Headwinds
DAX 30/CAC 40 Technical Highlights DAX lagging other indices, big resistance to contend with CAC has resistance and bullish channel in focus To see our intermediate fundamental and technical outlook for the DAX & Euro, check out the DailyFX Q1 Forecasts. DAX lagging other indices, big resistance to contend with The world’s largest and strongest […]
Crucial Resistance in Focus as Investors Eye FOMC Minutes
Gold Price Analysis and Talking Points: Gold Buying Persists, Eyes on FOMC Minutes Crucial Technical Resistance May Spark Inflection Point See our quarterly gold forecast to learn what will drive prices throughout Q1! Gold Buying Persists, Eyes on FOMC Minutes Since the beginning of the year, Gold prices are up over 5%, trading at its […]
On to the Next Big Levels of Resistance
S&P 500/Dow Jones/Nasdaq 100 Technical Highlights: S&P 500 nearing 2800-area, several swing-highs from last year Dow Jones 26k-ish stands between it and record highs Nasdaq 100 trading around resistance already Check out the forecasts for Global Stock Indices and other markets on the Trading Guides page. S&P 500 nearing 2800-area, several swing-highs from last year […]
Stocks Eye European Data, Can S&P 500 Uptrend Pass Key Resistance?
Asia PacificMarkets Wrap Talking Points APAC equities traded mixed after US markets were offline, Nikkei 225 rose AUD/USD fell on RBA meeting minutes as dovish BoJ trimmed JPY gains All eyes on German, Eurozone ZEW surveys. S&P 500 eyeing key resistance Find out what retail traders’ equities buy and sell decisions say about the coming […]
Important 2018 Resistance Holds Firm
ASX 200 Technical Analysis Talking Points: The ASX 200 has made impressive gains But they have stalled short of an interesting resistance band Its fate is now of pressing importance Get live, interactive coverage of all major Australian economic data at the DailyFX Webinars The ASX 200 remains quite comfortably within its dominant medium-term uptrend […]