Stock markets recovered their poise on Tuesday, with European shares and Wall Street futures edging up after suffering steep losses the previous day.
Shares slipped Tuesday in Asia after markets tumbled worldwide on worries about the pandemic’s economic pain.
Benchmark U.S. crude oil for October delivery fell $1.80 to $39.31 a barrel Monday. Brent crude oil for November delivery fell $1.71 to $41.44 a barrel.
USDCHF continues to face recovery risk as it saw a rally on Monday. On the downside, support comes in at the 0.9100 level.
Bulls gain slight near-term technical advantage and working on starting price uptrend.
U.S. stock index futures turned risk-averse with a variety of negative headlines from around the world hitting stock index futures.
DeFi Index is moving as expected from September 7th, so more weakness is in view within a wave (C).
USDCHF is trading in a bearish A, B, C move
An uptrend will start as soon, as the market rises above resistance level 1.1930, which will be followed by moving up to resistance level 1.2310
Wall Street capped another turbulent week of trading Friday with a broad slide in stocks that left the S&P 500 with its third-straight weekly loss.
Benchmark U.S. crude oil for October delivery rose 14 cents to $41.11 a barrel Friday. Brent crude oil for November delivery fell 15 cents to $43.15 a barrel.
Stock index futures have been able to partially recover after selling that was prompted by Wednesdays less dovish that expected Federal Open Market Committee meeting.
USDJPY started turning from the 106.255 level, and breached below the lower triangle line, which can be first evidence that a bigger triangle in wave B is completed, and a five-wave structure for wave...
EURUSD is doing a double correction from 9/1 high. The pair can see another leg lower while below 9/10 high before upside resume again.
TOKYO (AP) — Asian shares were slightly higher Friday despite some investor attention shifting again to the uncertainties in global economies amid the coronavirus pandemic, as reflected in the overnight...
Benchmark U.S. crude oil for October delivery rose 81 cents to $40.97 a barrel Thursday. Brent crude oil for November delivery rose $1.08 to $43.30 a barrel.
CRUDE OIL looks to strengthen further as it looks to resume its broader uptrend.
The US dollar index is only steady when it should be higher after yesterdays less dovish than expected Federal Open Market Committee meeting statement and Fed Chair Powells press conference.
September 16, 2020 Betting on Science over Snake Oil Jim Roemer's scientific opinion
Financials: As of this writing (6:15am) December Bonds are up 18 at 176’25, 10Yr. Notes up 2 at 139’17 and the 5 Yr. Note up [...]