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Asian indices opened generally higher, led by Shanghai
Asia Market Update: Asian indices opened generally higher, led by Shanghai; CN brokerage firms continue to rise amid M&A speculation; US equity FUTs rise after holiday, Treasury FUTs drop.
General Trend:
- Chinese chipmaker SMI rises over 10% in HK, to raise over CNY46.0B in Shanghai IPO (previo
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Market turning points
Current Position of the Market
SPX: Long-term trend – Having rallied well past a .618 retracement of the decline into March 2020, it is time to consider the possibility that the retracement was only an interruption of the bull market which originated in 2009.
Intermediate trend – Down into mid-July
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GBPUSD BULLISHNESS 2ND WEEK JULY
#GBP/USD#
GBPUSD hello traders my week setup for GBPUSD . the pair has been on a bullish trend since price got to 1.20436 and it rallied up to 1.28092 .then price made bearish reversal to 1.22428 .and price is currently rallying up to break the previous high on the H4 and price wil
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GBPJPY long - Supply Demand - Smashed it
#GBP/JPY#
Hello Traders! Cheers again on GJ. Analysis were on Point and we smashed it again. I am expecting now that GJ will drop a little bit before going up. Watch my previous analysis if you want to see my confirmations for long. That was my Idea and I hope you liked it. Please
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Gold Futures: Pullbacks look contained
Traders scaled back their open interest positions in Gold futures markets by almost 2.8K contracts on Thursday in light of advanced data from CME Group. On the other hand, volume rose for the fourth consecutive session, this time by around 22.8K contracts.
Gold could recede to $1,760/oz
Following fr
