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Dow Jones, Nasdaq 100 Forecast: Fading Momentum Could Trigger Pullback

Equity markets lost ground during APAC trade as disappointing US jobs figures weighed on market sentiment. The notable widening of the spread between 2-year and 10-year Treasuries could weigh on US benchmark indices. Fading momentum suggests a short-term pullback could be on the cards for the Dow Jones and Nasdaq 100. Advertisement Asia-Pacific Recap Equity markets slipped lower during Asia-Pacific trade as a unexpected rise in US jobless claims and climbing bond yields weighed on risk ap...
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Source: menafn.com

Australian Dollar Technical Outlook: AUD/USD, AUD/JPY, AUD/CHF

Australian Dollar Technical Outlook: AUD/USD, AUD/JPY, AUD/CHF 2021-01-13 03:00:00 Daniel Moss, Analyst Australian Dollar, AUD/USD, AUD/JPY, AUD/CHF, Technical Analysis – Talking Points: AUD/CHF eyeing a push to challenge the 200-week moving average. Inverse Head and Shoulders pattern hints at extended gains for AUD/JPY. AUD/USD poised to climb to fresh multi-year highs after slicing through key resistance. As mentioned in previous reports, Australia’s success in suppressing the novel coro...
Daniel Moss Australian Dollar Technical Analysis Talking Points Dollar Technical Outlook Ascending Channel Guiding Price

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