DAX

The downside prevails.

DAX

 


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


Pivot (invalidation): 11790.00

Our preference
Short positions below 11790.00 with targets at 11560.00 & 11415.00 in extension.

Alternative scenario
Above 11790.00 look for further upside with 11880.00 & 11980.00 as targets.

Comment
The RSI is bearish and calls for further decline.

 

SP500

Under pressure.

SP500

 

Pivot (invalidation): 2875.00

Our preference
Short positions below 2875.00 with targets at 2826.00 & 2800.00 in extension.

Alternative scenario
Above 2875.00 look for further upside with 2900.00 & 2942.00 as targets.

Comment
The RSI is bearish and calls for further downside.

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.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD retreats, holds on to modest intraday gains

Having spent the day within familiar levels, the EUR/USD pair is once again retreating from the 1.1070/80 resistance area. Dollar in better shape against most major rivals after post-Fed’s correction.

EUR/USD News

GBP/USD: 3-week-old resistance-line questions 100-DMA breakout

Successful trading beyond 100-day simple moving average (DMA) fails to lend much strength to the GBP/USD pair as it struggles around 1.2520 during Friday morning.

GBP/USD News

USD/JPY stays in negative territory near 108 despite rising US stocks

The USD/JPY pair rose to its highest level since early August at 108.48 during the American trading hours on Wednesday after the Federal Reserve refrained from giving any hints regarding the next policy move despite announcing a 25 basis points rate cut.

USD/JPY News

The Federal Reserve Keeps its Options Open

The Federal Reserve’s two rate cuts in as many months have satisfied market expectations for action and will give the governors time to determine if a full reduction cycle is warranted.

Read more

Gold consolidating at technical levels awaiting next catalyst

Precious metals were higher on Thursday. Gold prices climbed from $1,489.13 to $1,504.60. The gold ratio travelled between 83.87 and 84.66 with a bullish bias as the yellow metal surges on. 

Gold News

Forex Majors

Cryptocurrencies

Signatures