March 2024

SPX 500 index continues to rally The SPX 500 index reigns supreme as another record is set. The index is on track for a fifth straight winning month and has been rallying since Q4. The American economy has remained resilient despite the…
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US30 looks for another record The Dow Jones 30 awaits further confirmation from the Fed  (PCE data) as it approaches another fresh high. The rebound gained traction above 39700 after falling towards 39300 in the past session. The latest…
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USOIL hitting support The WTI slid even further as it looks to the recent support zone at 80.00. After hitting a high towards 83.00 in previous sessions, economists were sure that $100 a barrel would be hit in the next month. This…
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Tomorrow's release of final GDP figures from the US and the UK are not expected to have a major impact on the markets, but they illustrate a trend that has been weighing on Cable. Depending on how the data goes, that trend could be…
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USD/JPY becomes symmetrical The JPY  feels the squeeze as the greenback's strength begins consolidating. The pair has developed a symmetrical triangle pattern as price action decreased to 151.00 after the recent rally ended. A break…
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Crude prices have become increasingly harder to predict, particularly in the medium- to long-term. Analysts have made a series of miscalculations about supply and demand, which has left some traders wondering if new models will be needed to…
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GBPUSD another day, another drop As the dollar regained strength against its competitors, the pound took another tumble, exacerbating the ongoing USD pressure. With the BoE giving less indication than the Fed about cutting rates, 200…
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