S&P 500 Attacks Trendline Resistance as Bulls Assert Control. Breakout Looming?
S&P 500 rallies and challenges a key technical resistance as market sentiment continues to improve amid easing concerns around the health of the U.S. banking sector.
S&P 500 rallies and challenges a key technical resistance as market sentiment continues to improve amid easing concerns around the health of the U.S. banking sector.
Gold prices have eased after the US Dollar made a swift rebound, alongside US equities and other risk assets. Can the broader market shake off potential risks of contagion?
USD/CAD extends losses on risk-on mood and rising oil prices, with the pair steadily approaching a key technical support near the 50-day simple moving average.
Markets appear satisfied, for now, that banking concerns have eased, making room for improved risk appetite. S&P 500 and the Nasdaq 100 are expected to open higher
USD/JPY is back above 132.00 for the first time in a week as bank contagion fears recede. Comments from Bank of Japan (BoJ) deputy governor Shinichi Uchida however may boost the Yen’s longer-term attraction
A quiet European session for economic cues has seen the single currency slip back a little, but there’s plenty of trading life left in this week
Oil prices remain supported for now as supply fears remain a concern. A return of USD strength and Technical hurdles could limit further upside. Interesting times for the Oil market.
Gold prices rallied as the US Dollar fell on Tuesday. XAU/USD remains vulnerable to volatility that may arise from US PCE data later this week as retail traders boost upside exposure.
The Australian Dollar softened after CPI data today after it was buoyed by market sentiment with perceptions that the banking crisis is over. If the RBA pause, will AUD/USD go lower?