Market Recomendation

fundamental News - SP500

11 May 2021 13:40:15

S&P 500 Index futures are trading slightly better shortly before the cash market opening on Monday and after touching a record high earlier in the premarket session.Shares of energy stocks including Marathon Oil Occidental Petroleum and Devon Energy are helping...

fundamental News - DJI5R

11 May 2021 13:39:23

Dow Jones Industrial Average futures are trading higher at the midsession after hitting an alltime high earlier in the session. The cash market also reached 35000 for the first time on optimism that interest rates would remain lower for longer...

fundamental News - XAUUSD

11 May 2021 12:25:28

The first of the double bottoms occurred during the first week of March and then trading back to that price point on March 31st. What followed was over a month of strong price advances that unfolded as a stairstep pattern...

fundamental News - OIL

11 May 2021 12:24:37

WTI oil prices traded higher in the U.S. open after a major U.S. fuel pipeline said it could largely restart within the week after a cyberattack forced its shutdown but closed lower for the fifth days at New York.Potential U.S....

fundamental News - AUD/USD

11 May 2021 12:23:42

Surging commodity prices may have been responsible for some of the upward pressure on US Treasury yields overnight. The benchmark 10year yield rose a full percentage point as investors ditched US government bonds. Higher raw material costs are seen as...

fundamental News - GBP/USD

11 May 2021 12:22:39

The British pound has skyrocketed during the trading session on Monday as the British pound looks hellbent on testing the 1.42 level. This is an area that was massive resistance so I do not necessarily think we are going to...

fundamental News - EUR/USD

11 May 2021 12:21:49

EURUSD stays mildly bid around 1.2140 amid Tuesdays Asian session. In doing so the currency major pair fails to extend the previous days pullback from a 10week high as market sentiment dwindles. The recent moves seem to struggle for fresh...

fundamental News - USD/CHF

11 May 2021 12:20:59

The USDCHF pair weakened further below the key 0.9000 psychological mark and dropped to the lowest level since February 24 during the midEuropean session.The pair prolonged its recent bearish trajectory and witnessed some followthrough selling on the first day of...

fundamental News - USD/JPY

11 May 2021 12:20:06

The appreciative move in the US dollar Index (DXY) keeps the USDJPY afloat in the early Asian session. The pair trades on a subdued note around the 108.869 levels where it wavers now and manages to hold onto the positive...

fundamental News - SP500

10 May 2021 14:23:03

S&P 500 Index futures are inching higher during the premarket session on Monday on light trading. The benchmark index hit another record high as investors continued to react to Fridays weakerthanexpected U.S. jobs report that drove Treasury yields sharply lower...