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Monday, July 29, 2024

European Markets Wrap-Up | Bitcoin Technical Analysis – On autopilot for a new all-time high

Bitcoin Technical Analysis – On autopilot for a new all-time high

Fundamental Overview Bitcoin eventually managed to break above the key 67275 resistance as the risk mood improved in the latter part of last week. From a macro perspective, nothing has changed as the... 

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UK July CBI retailing reported sales -43 vs -24 prior

UK retailers look to have endured another rough month as the retail sales balance slumps further in July. The headline reading is the weakest since April, with CBI noting that poor weather and softer... 

Nasdaq Technical Analysis – An incredibly good dip-buying opportunity?

Fundamental Overview The Nasdaq has been on a steady decline since the last US CPI report on July 11 th . In the first stages of the pullback, we've been seeing a rotation from big cap stocks into sma... 

Market Outlook for the Week of 29th July - 2nd August

The main events for the week ahead are as follows: On Tuesday, Switzerland will release the KOF economic barometer, and the U.S. will publish the CB consumer confidence and JOLTS job openings data. We... 

S&P 500 Technical Analysis – Getting ready for another big rally?

Fundamental Overview The S&P 500 has been on a steady decline since the last US CPI report on July 11 th . In the first stages of the pullback, we've been seeing a rotation from big cap stocks int... 

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Latest Forex Orders

FX option expiries for 29 July 10am New York cut

There is arguably just one to take note of on the day, as highlighted in bold . That being for USD/JPY at the 154.00 mark. Amid the bigger swings in the past two weeks, the expiry level might be one t... 

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