ForexTime

2021-03-03 06:20:46 Open / Comment

2021-03-03 06:20:46 Big Week for Big Oil
https://www.forextime.com/market-analysis/big-week-big-oil Open / Comment

2021-03-02 20:13:22 What sell off? Last week saw huge moves in bond markets, and let’s not make any bones about this, a 20-basis point intraday move in the US 10-year yield is massive! But it has been relatively calm so far this week, with stock markets beholden to dip buyers once more and seeing a strong bounce from the tumult in February.

Even with China’s top bank regulator saying he is “very worried” about risks emerging from bubbles in global financial markets (and the nation’s property sector), today’s wobble in Asian stocks has not been seen in other markets with US indices opening mixed, after their... Read More (https://www.forextime.com/market-analysis/markets-btd-fomo-tina) Open / Comment

2021-03-02 20:13:22 Open / Comment

2021-03-02 20:13:22 Markets: BTD, FOMO, TINA…
https://www.forextime.com/market-analysis/markets-btd-fomo-tina Open / Comment

2021-03-02 12:07:40 The euro is not looking too pretty this morning. 

 

It has weakened against the dollar and Japanese yen but gained some ground against the New Zewland dollar. Over the past few weeks, the EURUSD has found itself within a very wide range with resistance at 1.2200 and support at 1.2000. Given how prices have cut below the 100 Simple Moving Average and pressing down fiercely against the 1.2000, the path of least resistance certainly points south.

 



 

The technicals swing in favour of bears on the daily timeframe. Prices are trading well below the 20 &... Read More (https://www.forextime.com/market-analysis/technical-outlook-eurusd-poised-breach-120) Open / Comment

2021-03-02 12:07:40 Technical Outlook: EURUSD poised to breach 1.20
https://www.forextime.com/market-analysis/technical-outlook-eurusd-poised-breach-120 Open / Comment

2021-03-02 05:38:56 A week ago today (23 Feb), I wrote this about the Nasdaq 100 minis:


“Tech stock fans can take heart that previous forays below the 50-SMA have proved fleeting; such has been the resilience of tech stocks.”


Sure enough, tech stocks have roared back with a vengeance, sending the Nasdaq 100 back above its 50-day simple moving average (SMA) once more, after enduring a bruising selloff last week.

On Monday, the tech-heavy index surged 2.89% to register its best day since 4 November, the day after the US presidential elections. This tech benchmark also fared better than the S&P... Read More (https://www.forextime.com/market-analysis/nasdaq-100-soars-back-above-50-sma) Open / Comment

2021-03-02 05:38:56 Open / Comment

2021-03-02 05:38:56 Nasdaq 100 soars back above 50-SMA
https://www.forextime.com/market-analysis/nasdaq-100-soars-back-above-50-sma Open / Comment