• SP500 reversed from support zone • Likely to test resistance level 4720.00 SP500 index recently reversed up from the support area located between the pivotal support level 4540.00 (former strong resistance form September, acting…
S&P 500 Technical Analysis 5 November, 2021
• S&P 500 rising inside impulse waves 3 and (3). • Likely to rise to resistance level 4750.00 Standard and Poor's 500 index continues to rise inside the two upward impulse waves – 3 and…
Standard & Poor’s 500 index Technical Analysis 6…
• SP 500 index rising inside impulse waves (v) and 3 • Likely to rise to resistance level 16000.00 SP 500 index continues to rise inside the accelerated impulse waves (v) and 3, which previously…
S&P 500 Technical Analysis Report 30 October, 2020
S&P 500 reversed from support area Likely to rise to 3340.00 S&P 500 Index forming the daily Japanese candlesticks reversal pattern Hammer on pre-open – following the earlier yesterday’s daily Doji candlesticks reversal pattern near…
Uncertainty and Risks Remain for US Markets –…
After a tumultuous week in the United States investors are gearing up for more uncertainty next week as US Federal Reserve Chairman Powell reiterated several days ago that while an economic recovery has started in…
FUNDAMENTALS Monday, September 28th
The S&P 500 has fallen for four weeks, its longest losing streak in over a year. A newly crafted $2.2 trillion US stimulus package from Democrats is lifting sentiment at the start of the new…
Forex Technical Analysis & Forecast for Tuesday, September…
EURUSD, “Euro vs US Dollar” EURUSD is no longer consolidating within a Triangle pattern; after reaching 1.1890, it has broken this level to the upside. At the moment, the pair is trying to break the…
Forex Technical Analysis & Forecast for September 10th,…
EURUSD, “Euro vs US Dollar” The currency pair performed a decline to 1.1753 and is now correcting. Today, it might reach 1.1820, then decline to 1.1790. At these levels, a consolidation range may form. Upon…
Forex Technical Analysis & Forecast 03.09.2020
EURUSD, “Euro vs US Dollar” The currency pair keeps developing a wave of decline to 1.1800. After this level is reached, we expect growth to 1.1850. On these levels, a consolidation range may form. This…
S&P500 Achieves Another Record
US stocks continue to rally this week as positive news regarding coronavirus treatments and vaccines creates appetite for market bulls. On Monday, the Dow Jones Industrial Average climbed 300 points, or 1.1%, hitting its session…