Bearish Scenario: Sales below 5220... Bullish Scenario: Buys above 5225 (if price fails to break below decisively) ...
The S&P500 ended the previous session with another record close
2020-08-26 • Updated
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is trading Tenkan Sen and Kijun Sen level. An upward wave would lead the pair into higher ground, confirming the bullish scenario.
European Market View
The S&P500 ended the previous session with another record close. The Nasdaq also ended Tuesday’s session at a record for a fourth straight day with various of shares of big tech firms hit their own highest ever levels.
European Key Point
- The S&P500 ended the previous session with another record close.
- The Nasdaq also ended Tuesday’s session at a record for a fourth straight day.
Similar
Bearish Scenario: Sell below 39600... Anticipated Bullish Scenario: Intraday buys above 39750... Bullish Scenario after Retracement: Intraday buys above 39150
Bearish scenario: Shorts below 18100 with TP1: 17900... Anticipated bullish scenario: Intraday Longs above 18130 with TP...
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Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...