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The fact that the bears have not been able to take the US30 lower, given the invasion of Ukraine, and the emotion of fear associated with a risk-off sentiment, is intriguing. As such, we continue to monitor for bullish follow-through. A swing low will have charted if the price does take out last week's high. This appreciation would be considered a bullish development. However, caution will still be the order…
Investors continue to follow the Russia-Ukraine conflict and brace for Mr Powell’s testimony in Congress later today
US markets are showing signs of resilience. Below are the daily charts of FXCM’s CFDs for the Dow Jones Industrial (US30), the S&P 500 (SPX500), and the Nasdaq (NAS100). Zone analysis indicates support
Startling satellite imagery shows a massive convoy of Russian military vehicles advancing towards Kyiv. The convoy is estimated to be 65 km long. The images are from Sunday or Monday, and given how fast things are changing on the ground, the convoy shape may have altered. Nevertheless, there is growing concern that Russia is preparing to launch a full-scale assault on the Ukrainian capital. Other satellite images suggest a military…
In this article, we use two Bollinger bands and a stochastic as yardsticks to measure the progression of a bear market in the S&P 500. It is worth noting that the analysis will be subject to a time-period bias. We will be using the global financial crisis (GFC) to detail the measures and then apply them to current market conditions. Nevertheless, the inferences from the GFC will likely be helpful…
Germany announced an increase in military budget and the supply of weapons to Ukraine, as markets remain on edge over the Russia-Ukraine conflict
Yesterday's price action sets up for potentially bullish "buy the dip" action today.
German Chancellor announced yesterday the halt of the Nord Stream 2 pipeline, as a response to Russia’s escalation around Ukraine
Fresh fears grapple markets, sending the German Index lower, after a solid start to the day due to the initial optimism for a diplomatic solution
News of partial withdrawal of Russian troops from the border with Ukraine, have created optimism to the markets, helping GER30 to profits
US Consumer Price Index (CPI) surged to the highest levels since 1982 in January, as Thursday’s data showed, leading to aggressive rate hike pricing and sending Wall Street lower
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