Copper Analysis and Chart Article written by IG Technical Analyst Vincent Boy Recommended by IG Traits of Successful Traders While global markets continue to anticipate a “soft landing” and remain at their highest levels, the price of copper, considered a relevant indicator of the health of the global economy, is correcting sharply and is at …
Gold (XAU/USD) Analysis Gold maintains bullish momentum after welcome CPI data Gold faces fresh resistance above 1900 which may pose too stern a challenge as overbought signals sound the alarm for bullish continuation plays The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our …
The DAX Continues Downward Trajectory as Market Mood Remains Cautious. Catalyst Maybe Needed to Breach YTD Lows. FOMC to Oblige or Disappoint? Volkswagen (VOWG_p) Targeting a Valuation of up to 75billion Euros ($75.1 billion) for its Porsche IPO Starts in: Live now: Sep 19 ( 13:09 GMT ) Recommended by Zain Vawda Markets Week Ahead: …
DAX 40 in the Red as Markets Approach the Week with Caution Read More »
Copper, US Dollar, FOMC, GDP, Miners, Production, Technical Outlook – Talking Points US Dollar pullback pauses multi-month copper breakdown ahead of FOMC Copper production unlikely to increase as miners squeezed by low prices Copper prices susceptible to more losses if flag support breaks Copper prices recorded their first weekly gain since May last week, and …
US Dollar, FOMC, Miners to Dictate Red Metal Prices Read More »
DAX 40:Falls as slowdown in economic activity weighs on eurozone. FTSE 100:Slumps as UK services sector struggles, strike action looms. DOW JONES: Trades lower as recession jitters return. DAX 40: Falls as Slowdown in Economic Activity Weighs on Eurozone The Dax fell in European trade as any early optimism fades, with losses of 2.8% in …
DAX, DOW and FTSE Red as Sentiment Sours, US-China Optimism Fades Read More »
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