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S&P 500, Nasdaq 100 Price Action Setups: Levels for This Week
The Nasdaq and S&P 500 set a fresh two-year-low two months ago. But, already the Nasdaq has set a fresh three-month-high as the S&P gears up for a test at a key point of resistance.
S&P 500, Dow Jones and Nasdaq 100 Finished Lower Following FOMC Minutes
The S&P 500 pulled back today, and the Nasdaq continued a pullback after finding resistance yesterday.
British Pound Under Pressure Following Hot Inflation Data – GBPUSD, EURGBP Setups
Soaring UK inflation sees Sterling under pressure, but GBPUSD continues to hold 1.20.
DAX 40 at Inflection Point, Retreats from Key 14000 Level
The index struggled to maintain recent gains as it flirted with the key 14000 level
Australian Dollar Down on Soft Chinese Data, Yen Up After Japan GDP Report
The Australian Dollar fell in the wake of disappointing economic data out of China while the Japanese Yen rose despite a soft second-quarter GDP result.
South African Rand Price Forecast: FOMC Minutes Critical for USD/ZAR
USD/ZAR bulls managed to extend its rally this afternoon after better-than-expected core U.S. retail sales data supplemented an already high flying dollar.
S&P 500 Price Forecast: Significant Zone of Resistance Appears to Halt Bull Run
A significant zone of resistance appears to challenge the renewed bullish impetus from meme stock traders. Are we seeing a bear rally or new bull trend in equities?
4 Effective Trading Indicators Every Trader Should Know
Discover the best forex indicators for a simple strategy: Moving Average, MACD, Stochastic and RSI.
Contractionary Monetary Policy: What is it and How Does it Work?
Contractionary monetary policy is utilized by central banks to reign in an overheating economy and surging inflation. Find out what tools are used and how they work
