Page 4 - Key Support News Today

AUD Approaching Pivotal Resistance. S&P 500 Tracking Seasonal Pattern. Eyes on US Yields

The US Dollar is holding near the highs, and NFP is a little less than two days away. Can bulls force a break even before the release?

The contract will remain volatile and range-bound

Canadian Dollar Outlook: USD/CAD Range Coils– Loonie Break Imminent 2021-04-14 15:41:00 Michael Boutros, Strategist Canadian Dollar Technical Price Outlook: Near-term Trade Levels Canadian Dollar updated technical trade levels – Daily & Intraday Charts USD/CAD contracting into monthly opening range, below key resistance zone Bulls vulnerable while above 1.26 – Key Support into 1.2473/89 The Canadian Dollar has continued to consolidate within the April range – just below resistance, ...

British Pound (GBP) Latest: EUR/GBP to Resume Bearish Trend 2021-04-12 08:00:00 Justin McQueen, Analyst Has the EUR/GBP Short Squeeze Run its Full Course? Real Yields Point to 0.86 GBP/USD Stabilises as Key Support Holds EUR/GBP: The Pound has come under notable pressure in recent sessions with last week seeing the currency post its worst week against the USD since December and September against the Euro. A factor behind the re...

Since the copper continuous futures contract on the Multi Commodity Exchange of India (MCX) got support at ₹335/kg in March 2020, it has been on a long-term uptrend, forming higher peaks and higher tr

Dow Jones, S&P 500 Perched at Key Support as Attention Turns to Powell 2021-03-04 07:30:00 Daniel Moss, Analyst Dow Jones Industrial Average, S&P 500, Federal Reserve, US Treasuries, Inflation – Talking Points: Equity market plunged lower during the APAC session as risk-appetite notably faded. The upcoming speech from Fed Chair Jerome Powell will likely dictate the near-term trajectory of US benchmark equity indices. The Do...

Euro Technical Forecast: EUR/USD, EUR/JPY, EUR/GBP, EUR/CAD 2021-02-06 04:00:00 James Stanley, Senior Strategist Euro Technical Forecast: Bearish EUR/USD is mixed as this week brought a fresh two-month low, but Friday printed as a bullish engulfing bar, which is often approached with the aim of strength. EUR/JPY is also mixed as a shorter-term rising wedge (bearish) runs counter to a possible ascending triangle and inverse hea...

NZD Outperforms, EUR/GBP Back to Key Support, AUD Awaits CPI - US Market Open 2021-01-26 14:35:00 Justin McQueen, Analyst Euro Watching for Italian Politics Traders Continue to Buy the GBP Dip QUICK TAKE: NZD Outperforms, EUR/GBP Back to Key Support, AUD Awaits CPI Equities: A turnaround Tuesday for markets this morning with EU bourses posting modest gains. Encouraging vaccine news from Regeneron helped underpin gains with the ...

MCX-Lead remains above key support Akhil Nallamuthu BL Research Bureau | Updated on January 21, 2021 × After witnessing a price correction in December last year, the January futures contract of lead on the Multi Commodity Exchange (MCX) bounced off the support at ₹155 twice in the past three weeks. Last week, the contract gathered enough strength to break out of the prior high of ₹164. The breakout occurred with substantial volume and the futures eased past both 21- and 50-day moving avera...