Charts Today – 16 August 2019 – Stocks steady, LSE technical glitch, US set to open higher
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Dollar Index bullish and against the Yen.
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Eurodollar breaks back below $1.11, bearish.
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Sterling gains.
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Bitcoin weaker short term, back below $10,000.
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US stocks little changed, on daily cloud support.
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Russell 2000 index a worry. US indices set to open higher today based on US futures.
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UK blue chips and midcaps not trading this morning due to technical glitch at LSE.
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Germany and French stock indices up but remain medium term bearish.
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Asian stock indices mostly up overnight, charts still weak.
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Crude oil moves lower back to short term bearish.
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Gold and silver hold bullish.
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US 10 year yields break test the 1.50% mark.
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GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
Gold holds steady at around $2,380 following earlier spike
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