DAX Bullish Impulse Looks Incomplete

Markets US August retail sales served as some final input for tomorrow’s pivotal Fed meeting in a trading session that was otherwise simply the waiting game part 2. The series surprised to the upside on a headline level (0.1% m/m vs -0.2% expected). Core gauges printed close to or slightly below consensus with the control […]

Natural gas faces limits near January’s peak Technical signals flag some weakness Improved trend signals suggest bullish continuation Lower-than-usual storage increases, improved demand forecasts, and a summer season ahead boosted natural gas prices above the key 200-day simple moving average (SMA) and more recently to a four-month high of 2.90. The price, however, eased immediately to […]

EURCHF reversed from support level 0.9675 Likely to rise to resistance level 0.9800 EURCHF currency pair recently reversed up from the pivotal support level 0.9675 (former resistance from November and strong support from April). The support level 0.9675 was strengthened by the lower daily Bollinger Band and by the 38.2% Fibonacci correction of the upward […]