Good morning traders! All the major US indices, USDJPY and Dax seem to be a little toppy at the moment and could use a pullback before building higher. USD has been very strong recently and could do with a correction too and Gold has bounced slightly from its recent...
Good morning traders! Markets still continued to digest the US election with many markets gaining through the day, with Goldman Sachs and JP Morgan doing particularly well probably because of the prospects of reduced regulation in the financial sector and the surge in...
Good morning traders! Another new month comes in and we are nearing the end of another year. How fast has 2016 gone? We have already seen a bit of action this morning with a gap higher to meet the daily R2 (pivot point indicator), made a high around 10741 and then...
Hello traders! Strange day on the markets today. Very strange. Perhaps because of it being earnings season with lots of announcements coming out today. I go away from the computer and come back and there’s been a 50 point move, come back again and it’s...
Hello traders! I am sure many DaxTraders have spotted the interesting candle formation on the daily chart which is signalling a reversal (or at least a pullback) to the downside. When you also take a look at the SnP500, USDJPY and the US Dollar Index, you can see some...
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