DAX

Bullish bias above 11955.00.

Dax

 


 

Stay on top of the markets with Swissquote’s News & Analysis

 


Pivot (invalidation): 11955.00

Our preference
Long positions above 11955.00 with targets at 12029.00 & 12112.00 in extension.

Alternative scenario
Below 11955.00 look for further downside with 11890.00 & 11845.00 as targets.

Comment
The RSI is around its neutrality area at 50%

 

S&P 500

Towards 2888.25.

SP500

Pivot (invalidation): 2910.50

Our preference
Short positions below 2910.50 with targets at 2896.00 & 2888.25 in extension.

Alternative scenario
Above 2910.50 look for further upside with 2920.00 & 2931.00 as targets.

Comment
The RSI is mixed to bearish.

This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD holds its ground amid mixed EU election results

EUR/USD is stable around 1.1200 amid mixed EU elections in which main parties lost ground to both centrist and extreme ones.  Trump said he hopes for a deal with China. Liquidity is thin due to a UK holiday.

EUR/USD News

GBP/USD falls on Brexit concerns, USD strength

GBP/USD has fallen below 1.2700 as markets digest the EU elections and see a growing chance of a hard Brexit after Farage's victory. The USD is gaining strength amid trade concerns. 

GBP/USD News

USD/JPY: bearish case firm as long as below 109.65

Japan Leading Economic Index fell to its lowest in almost three years in March. US and UK holidays keeping action around the FX board limited.

USD/JPY News

The Evolution of Three Issues are Key in the Week Ahead

As May winds down, the light economic calendar will allow investors to take their cues from the evolution of three disruptive forces--trade, Brexit and the US economy.  With actions against Huawei and possibly a handful of Chinese surveillance equipment producers, the US raised the stakes.

Read more

Gold consolidates in a range, around $1285 level

The precious metal struggled to capitalize on last week's goodish recovery move from multi-week lows and remained capped below the $1287-88 supply zone. A combination of diverging forces failed to provide any meaningful impetus. 

Gold News

Majors

Cryptocurrencies

Signatures