The chart itself definitely suggests that the euro has reached a plateau and might decline in the near future. Momentum to the upside has been low since the middle of January and the price has hovered in overbought for weeks while volume and ATR have both dropped significantly. Based on TA alone, one might expect…
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European Shares EU shares continued to drift on Tuesday, following another volatile session in Asia, as traders await this week’s central bank meetings. Most benchmarks traded lower in Europe, with all sectors moderately down, as investors weighed the latest patchy macro data from France and Germany, the two biggest economies of the Eurozone. In addition…
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European Shares Stock indices fell shortly after the opening bell in Europe on Monday, extending losses registered overnight in Asia, as traders brace for a busy week on the macro front. Real estate and tech shares registered the worst performances and drove most benchmarks lower, in potential profit-taking moves following last week’s rally and ahead…
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In short, the bank’s analysts believe that there is a possible path to a soft landing, but that this will be dependent on the Fed being able to tweak policy “just right” in order to stay on track. Even Larry Summers, who has previously stated that a recession was inevitable, has recently softened his own…
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However, the upside for the greenback is limited; a more in-depth analysis of the GDP data reveals that the growth was, to a large extent, driven by inventories, and therefore likely to fizzle out later in the year. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the…
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European Shares European shares climbed higher on Thursday, alongside US futures, as reassuring earnings keep on sustaining risk appetite. Every stock index of the old continent traded in green territory, with positive performances across almost all sectors, and tech stocks continue to lead the way. The cautious sentiment sparked by the sales warning from Microsoft…
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All eyes are likely to be kept towards corporate earnings today, with most investors awaiting Q4 results from Tesla, AT&T, IBM, Boeing, and Alstom among others. The STOXX-50 index is kept under pressure by the tech and healthcare sectors while prices still trade close to the upper band of their bearish flag pattern, still flirting…
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European Shares All of the Eurozone stock indices were trading in the green on Tuesday, extending gains from the day before, as bullish sentiment continues. Despite most Asian markets still closed for the day, bull traders continue to hold their gains in both Europe and the US, with a particular increased appetite towards tech shares.…
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If there is a continuation to the upside the first point of resistance would be expected around the $84 area which is made up of the 61.8% of the Fibonacci retracement level and also the upper band of the Bollinger bands. Gold-dollar, daily The US Dollar Index (DXY) is in free fall hitting a 7…
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European Shares Stock markets started the new week trading sideways in Europe, with lower volume than usual as traders brace for what is expected to be a quiet trading session. Without any directional movement so far on equities, the best performances are being registered by the tech sector. Investors are facing lower market liquidity due…
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