Hi, traders; thanks for tuning in for today’s update. Today, we are looking at the US30 on the daily chart. What a solid run we have seen till yesterday’s CPI data. After the US CPI came in hotter than expected, this shocked the market and led to heavy...
7 months agoREMINDER: 11 of FXTM’s 18 stock indices have reached their respective record highs so far in 2024. However, upon closer inspection, not all stock indices are created equal. First, there are the outperformers: US500: up 9% year-to-date EU50: +10....
6 months agoDow Sinks on MondayUS stock markets suffered record losses yesterday with the Dow Jones crashing by 1000 points as investor panic over US economic fears reached fever pitch. Weakness in Friday’s US jobs data has added to the growing view that the US econo...
2 months agoMarkets still obsessed with deciphering US recession risks Home Depot, Walmart earnings offer pulse on US economy Latest US inflation data also holds clues about Fed’s next moves Economically-sensitive US30 stock index ready to punch above 50-...
2 months agoUS30 posted highest-ever intraday price on Monday, August 26th US stock markets cheer incoming Fed rate cuts US30/Dow index could climb another 7% by August 2025 Technicals: US30 yet to reach "overbought" conditions This week’s key events:...
1 month agoTitleUS30 | Bearish ReversalTypeBearish ReversalPreference:Wait for price to pullback at the pivot of 41240.72, a pullback resistance close to 61.8% Fibo retracement. A drop from this level could lead the price to fall to 1st support at 40,478.50, an over...
1 month agoToday, US500 and US30 stock indexes hit respective all-time intraday highs Better-than-expected US retail sales boost “economically sensitive” stocks AU200 index broke above 8180 for its first time ever Higher-for-longer RBA rates boost Austra...
4 weeks ago