Weekly: A sequence of weekly higher highs and lows has been posted. Posted a bullish Flag formation. A break of 7677 is needed to confirm the outlook. The formation has a measured move target of 8736. Trading within a Bullish Channel formation Daily: Buying continued from the 38.2% pullback level of 7500. We remain bullish overall and fee...

2018-07-11 Ian Coleman Read more

Monthly: The most important factor in this timeframe is indecision. This can be highlighted by nearly four months of Inside Soldiers or Harami candles (if we close around current levels at the end of June) Weekly:  Posted a Bearish Outside Week (week 29th January). This is often an indication that a top is in place. The indecision highlig...

2018-06-21 Ian Coleman Read more

Monthly: Looks to be forming a bearish Ending Wedge pattern. A break of trend line support at 12048 and the measured move target is 8695. Rallies above 12800 have found sellers in May and June 2017 and May of 2018. Weekly:  We looking to be forming a bearish Head and Shoulders pattern. A break of 11633 (neckline) is needed to confirm the ...

2018-06-14 Ian Coleman Read more
Indices_equities_ftse100_2106

Technical Monthly: The corrective sequence has found buyers close to the 38.2% Fibonacci retracement. A bullish hammer has been posted and the reaction higher is positive. Weekly:  Multiple weekly trend line support has been breached, however, prices have broken back above the more major 2016 FEB/JUN trendline support. Horizontal resis...

2018-04-18 Steve O'Hare Read more
S&P 500

The S&P 500 is one of the most widely followed indices by investors across the world. The Standard and Poor’s 500 index, published since 1957, represents the prices of 500 large cap stocks trading on the New York Stock Exchange (NYSE) and the NASDAQ. These stocks belong to companies that play a key role in the development of the US economy a...

2018-04-16 Orbex Read more
S&P500 - Short term rally faces headwind

Monthly: The 5th wave looks to have completed on the long-term chart. We now expected a period of correction after a hanging man candle was posted on the monthly chart. Further downside is expected Weekly:  The large correction seen at the end of January remains significant after the bearish outside candle was posted. Lower highs and a fu...

2018-04-16 Ian Coleman Read more
March FOMC meeting

The FOMC gradual rate hiking clearly sustained the stock markets and indices along with stocks which enjoyed a sustained bullish rally. This has been going on since the 2008 Recession. Volatility hit record lows in the 4th quarter of 2017 and this was obviously caused by investors' complacency and buying euphoria. The buying euphoria was s...

2018-03-23 Richard Tataru Read more
MiFID II effects

MiFID II has been the latest buzzword recently among the institutional trading circles. With some major changes expected to be implemented come January 3rd 2018, the retail Forex trading sector is also likely to be affected by the changes. But what are the MiFID II effects? Dubbed as one of the most ambitious plans for the EU, the MiFID II come...

2018-01-25 John Benjamin Read more
Frankfurt Stock Exchange

The German DAX has continued to post steady trend in the past few weeks. Despite the mixed reaction to the German elections in late September, the leading German index managed to hold on to the gains. After breaching past 12669.0 levels, the German DAX index has hit the target level to the upside as outlined in the previous commentary. With the...

2017-10-22 John Benjamin Read more
FDP flags

All Quiet on The German Front The German elections are just two weeks away now and so far, aside from a few personal attacks on CDU’s Merkel by SPD’s Schulz, there has been little excitement to note. Current polling results continue to show a strong lead for the incumbent Chancellor’s party with the SPD in second place. The only real unknown el...

2017-09-13 James Harte Read more