2024

NASDAQ Index is the gift that keeps on giving The Nasdaq 100 moved to another record high as bulls continued to outshine bears. A just above the 20-day SMA has put the Nasdaq index on another rally. A break above 18000 has attracted more…
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On Friday, the main conclusion from the series of Manufacturing PMIs was that key economies of the world weren't as bad off as expected. China's official NBS survey was slightly below expectations, but that was compensated for by the…
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Get ready to trade the NFP Live webinar on 8-3-2024 with our leading experts! Join our resident US market specialists, David Kindley and Daniel John Grady for an exclusive live webinar on the upcoming Non-farm Payrolls release, on March…
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XAUUSD overbought double top The gold chart shows that gold kept the bullish rally going after another $20 move. A pop above the immediate resistance of 2045 has prompted buyers to attract more buyers as the price moves towards the…
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Brent crude (UKOIL) punches higher over increased demand Brent crude edges higher as demand looks to elevate prices as we head into 2024. Global central banks are at the same stages of their tightening cycles, aiming to rein in…
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The last couple of weeks have been bullish for the stock markets, generally speaking. Just yesterday, the Nasdaq and the S&P 500  logged new all-time highs. The Nikkei finally recovered from its '80s bubble to reach levels not seen in…
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The UK 100 struggles to bounce The UK 100 (FTSE)  edged higher, halting three straight sessions of losses amid a batch of strong corporate results. The index looks to break out of its descending trend as it pushes for 7650. A correction…
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Tomorrow will be a busy day for forex markets, as all the major countries report a key economic indicator: Manufacturing the global PMI. Usually, the trend in PMIs determines how risk sentiment goes for the day, which is why it's closely…
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The Dax 40 pushing for another high The Dax 40 found more momentum as inflation figures are expected to improve across the Eurozone. On the chart, the trajectory remains elevated, and the latest push in a shorter time frame looks for…
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