Short-term Support and Continuation levels highlighted. Be aware of Non-Farm Payrolls today.
Challenging action to trade, especially ahead of Non-Farm Payrolls. However, momentum remains to the downside for now. Short-term resistance and continuation levels highlighted.
Short-term resistance and continuation levels highlighted.
Short-term pullback zone and continuation highlighted. Caution as the Bank of England meets today.
The FOMC changed the direction of stocks in the short-term. Resistance and continuation levels are highlighted.
Short-term support and pullback zones highlighted. We have ISM out ahead of the FOMC but we are not inclined to trade until after the FOMC tonight.
Our bias on USDCHF remains bullish ahead of FOMC. This is the main event for the USD this week. We are neutral ahead of the event but will look to act after the event on a bullish FOMC statement.
Near-term support level and continuation highlighted.
Near-term support level and continuation highlighted.
Near-term resistance level and continuation highlighted.
Short-term support and continuation levels highlighted
Momentum is negative but the trend has not yet been invalidated. Stay flat and observe.
We are not looking for more upside today. Short-term support may come under pressure.
Yesterday's negative close ocnfirms our short-term bearish bias. Short-term resistance and continuation levels highlighted.
It seems significant that the Dow is now negative on the week after pushing to new highs. We see this as possible short-term shift in sentiment and we favour short-term shorts for the time being.
Short-term support and continuation levels higlighted. Keep an eye on EU earnings also.
Near-term support and continuation levels highlighted.
Near-term support level and pull-back highlighted. Caution as we have the Bank of Canada Rates Decision today at 16.00 CET. Markets are expecting a dovish slant, but we are not so convinced.