Technical Analysis – USDJPY short-term bullish but momentum fading; neutral medium-term bias intact

Technical Analysis – USDJPY short-term bullish but momentum fading; neutral medium-term bias intact USDJPY short-term bullish USDJPY continues to trade within a broad range between 108 and 114 since April. The short-term bias is to the upside and daily momentum signals remain bullish. MACD is above zero and rising and RSI is above 50, although
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Technical Analysis – US100 stock index bullish in short- and medium-term; positive momentum though weakens US100 stock The tech-heavy US100 stock index is currently trying to post another green candle around record high levels, stretching its upleg started on September 26. The outlook in the short- and medium-term remains bullish based on oscillator signals. However, momentum
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Technical Analysis – NZDUSD bearish in short-term; risk tilted to downside after bearish crossover of moving averages NZDUSD bearish NZDUSD has maintained a bearish phase in the short term since September 20. Risk is clearly tilted to the downside and further weakness in the market could see prices drop another leg lower to extend the
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(European Open) – Mixed open in Europe following from slightly positive US / Asian trading Mixed open European stocks opened mixed on Thursday as UK and Spanish stocks were in the green while German, French and Italian markets were either unchanged or slightly lower. In Spain there was a little relief that the situation in
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(US Open) – IBEX partially recovers; miners dominate top FTSE outperformers; tech leads gains in US IBEX partially recovers At the opening of US markets (1330 GMT), the pan-European Stoxx 600 was 0.1% lower. IBEX 35, which retreated by 2.85% the day before to record its worst daily performance in more than a year, was
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