Dow Jones Technical Analysis 22-01-18

The Dow Jones held its trades above the support point of 25600 last week which maintain the uptrend wave we have viewed. Intraday-Levels show supports levels at 25850 and 25700 where, as long as the Dow holds its position above one of those support levels, the uptrend wave will sustain itself towards 26200 and 26350. Below the 25700 point ...

2018-01-22 Orbex Read more
Indices_equities_ftse100_2106

Despite the fact that global equities have been declining a little bit since the announcement of Barclays scandal with Qatar, global equities are still near their record levels. At the same time, the bull market seems to be getting stronger and stronger day by day, with no signs of a correction anytime soon, and that raises some red flags and b...

2017-07-26 Nour Eldeen Al-Hammoury Read more
FTSE, Indices

Yesterday’s FOMC Meeting Minutes gave the market another hint about the Federal Reserve possible policy change later this year. The Federal Reserve Meeting Minutes showed that there is a possibility to start unwinding its balance sheet later this year, but it didn’t give the market new clues about the number of rate hikes ahead. The Fed Fund F...

2017-07-26 Nour Eldeen Al-Hammoury Read more

The US Dollar and the US equities are still on fire, adding more gains by the days and such moves seem to continue for an extended period of time. Trump has already noted many times that the US Dollar is significantly higher, he also said: “It's killing us.” Despite that, the US Dollar is still rising. One of the reasons of the USD strength is...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Equities_Stock Exchange

For the past few weeks, the US equities have been trying to post a new all-time high but without any luck. However, yesterday the entire market posted record levels. DowJones finally breaks above 20K, while S&P500 closed at 2298,  and Nasdaq closed well above 5100. This is not fake news, this is a real world, where the US equities keep on r...

2017-07-26 Nour Eldeen Al-Hammoury Read more
FTSE, Indices

Yesterday’s press conference by the UK prime minister Theresa May had indeed a huge impact on the markets, sending GBP higher across the board by more than 2.5%, while the FTSE100 Index posted its biggest one-day decline since the beginning of the year. Global equities also had eased a lot of their gains by the end of the day, while the US equi...

2017-01-18 Nour Eldeen Al-Hammoury Read more
FTSE, Indices

Another day with lack of fundamentals across the board, yet the market volatility is expected to gradually rise through the day, as the Fed Fund Futures for December meeting hit the 100% mark, which means that traders are fully sure that the Fed will raise rates in December of this year. However, for me, this is alarming and should be watched ve...

2017-07-26 Nour Eldeen Al-Hammoury Read more
ECB

All global markets will be looking at the ECB's decision today, but most importantly, everyone will be following the ECB Chairman Mario Draghi’s press conference, which is due 45 minutes after the ECB decision. His remarks are likely to have the biggest impact on the markets, one that is even more notable than that caused by the decision itself....

2017-07-26 Nour Eldeen Al-Hammoury Read more