Market Outlook – EURUSD and GBPUSD
Yesterday, the US dollar got some real strength. Both EURUSD and GBPUSD dropped heavily and the volatility was extreme. Moreover, they are still going down today. From the data front, all eyes will be on the nonfarm payrolls February release in the US, so the volatility in the afternoon should ...
Daily Outlook for NASDAQ 100, S&P 500 and Dow Jones Industrial Average
Yesterday was another totally bearish session for the American indices. All three of them dropped heavily. S&P 500 and NASDAQ 100 finished the day below their S2 support levels, the Dow Jones Industrial Average “only” dropped to the S1. During the first hours of today’s Asian trading session, the prices ...
Market Outlook – EURUSD and GBPUSD
Yesterday, the EURUSD dropped a bit. On the other hand, the GBPUSD showed mixed sentiment. Today, nothing has really changed. The EURUSD is still falling slowly and the GBPUSD is showing mixed sentiment. From the data front, the construction PMI in February in the UK and weekly initial jobless claims ...
Daily Outlook for NASDAQ 100, S&P 500 and Dow Jones Industrial Average
Yesterday, the American indices went down. However, only NASDAQ 100 dropped significantly and finished the day below the S1 support level. The other two indices fell a little. Today, all three of them are going up, though. From the data front, the February services PMI, markit composite PMI, and ISM ...
Market Outlook – EURUSD and GBPUSD
Yesterday, both EURUSD and GBPUSD went up. Today, both currency pairs are showing mixed sentiment. However the volatility is pretty low and nothing really happened during the Asian trading session. From the data front, the February services PMI and markit composite PMI will be published, first in the Eurozone, then ...
Daily Outlook for NASDAQ 100, S&P 500 and Dow Jones Industrial Average
Yesterday was a great bullish session for the American indices. All three of them finished the day above the R1 resistance level, S&P 500 and NASDAQ 100 even crossed the R2. During today’s Asian trading session they slightly went down, though. What can they do next? Let’s try to answer ...
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