Logo-color Logo-white

The VIX (the implied volatility of the S&P 500) has inched higher above the 20 level in the pastour sessions. The VVIX/VIX ratio has moved lower since 16 September, and past data suggests a potential short to medium-term corrective decline in the S&P 500. Watch the key intermediate support of 5,675 on the S&P 500. […]

The post SPX 500: Downside Tail-Risk Protection Activities Prevail on the Eve of US Presidential Election appeared first on Action Forex.

previous

EURUSD Stabilises as US Presidential Election Unfolds

next

Silver (XAG/USD) Technical Outlook: Bullish Momentum Building?

Read More

24/04/2024

GBPUSD Bounces Off 1.2300 But Remains at Risk

GBPUSD posts new 5-month low Price holds in bearish tendency MACD and stochastics suggest upside move GBPUSD is recovering from the five-month low of 1.2300 that was posted on Monday and is heading towards the restrictive region of 1.2495-1.2520. The pair has started a bearish tendency since the price peaked at 1.2892 in the short-term […]
15/12/2023

S&P 500 (SPX) Impulsive Rally in Progress

S&P 500 (SPX) rally from 10.27.2023 low is in progress as a 5 waves impulse Elliott Wave structure. Up from 10.27.2023 low, wave ((i)) ended at 4381.15. Wave ((ii)) ended at 4343.86 as the 1 hour chart below shows as expanded flat. The Index then resumes higher in wave ((iii)). Up from wave ((ii)), wave […]
29/04/2024

Japanese Yen Shows Volatility Amid Speculation of Intervention

The USD/JPY pair is hovering around 155.00 on Monday, having earlier touched a new 34-year peak at 160.00. Market rumours suggest that the Japanese authorities might have intervened in the currency market, although there has been no official confirmation. Today’s market movement is particularly notable due to a public holiday in Japan, which has resulted […]