Charts Today - 30 Apr 2018 - US stocks to open higher

Dollar strength continues confirming medium term trend change to bullish

  • Euro weaker, Sterling collapsing after Friday's GDP numbers

  • Bitcoin recovery fading

  • US stocks ended week stronger and set to open higher today

  • UK up. Paris looking strong, DAX lagging. Asia up

  • Crude oil weakening short term

  • Gold and Silver weak on strong dollar

  • Bond yields pulling back temporarily

  • US tech majors mixed. Apple and Google lagging.

 

Nothing in this material constitutes advice and the content may have been prepared some time ago with the position having changed since. Specialist advice should be taken in relation to specific circumstances. No warranty, express or implied, is given as to its accuracy and we do not accept any liability for error or omission in the information contained in this material. Updata Limited and its employees shall not be liable for any damage (including, without limitation, damage for loss of business or loss of profits) arising in contract, tort or otherwise from any action or decision taken as a result of viewing this material. The views expressed in this material do not necessarily reflect the views of the officers, directors or any employee of Updata Limited.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD clings to gains above 1.0750 after US data

EUR/USD clings to gains above 1.0750 after US data

EUR/USD manages to hold in positive territory above 1.0750 despite retreating from the fresh multi-week high it set above 1.0800 earlier in the day. The US Dollar struggles to find demand following the weaker-than-expected NFP data.

EUR/USD News

GBP/USD declines below 1.2550 following NFP-inspired upsurge

GBP/USD declines below 1.2550 following NFP-inspired upsurge

GBP/USD struggles to preserve its bullish momentum and trades below 1.2550 in the American session. Earlier in the day, the disappointing April jobs report from the US triggered a USD selloff and allowed the pair to reach multi-week highs above 1.2600.

GBP/USD News

Gold struggles to hold above $2,300 despite falling US yields

Gold struggles to hold above $2,300 despite falling US yields

Gold stays on the back foot below $2,300 in the American session on Friday. The benchmark 10-year US Treasury bond yield stays in negative territory below 4.6% after weak US data but the improving risk mood doesn't allow XAU/USD to gain traction.

Gold News

Bitcoin Weekly Forecast: Should you buy BTC here? Premium

Bitcoin Weekly Forecast: Should you buy BTC here?

Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.

Read more

Week ahead – BoE and RBA decisions headline a calm week

Week ahead – BoE and RBA decisions headline a calm week

Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions.

Read more

Majors

Cryptocurrencies

Signatures